Zionsville, IN — Momentum Score, Home Values & Best-For

All states·Indiana·Zionsville

Boone County · Indianapolis-Carmel-Anderson · population 33,161

InvestorsGrowing fast
Zionsville, IN
Image: Wikipedia · Zionsville, Indiana
OverviewCost of livingMoving guide
View watchlist →
78
Hot
Momentum score · 0–100

Where Zionsville stands

At or near all-time high. home values up 6.2% in the last year. averaging 7.3% annual growth over 5 years. population growing 2.0% per year.

Median home $691,754
1-year +6.2%
5-yr CAGR +7.3%
vs 5-yr peak +0.0%
Population +2.0%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$692k$346k$470k$595k$719k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
72/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,800/mo$1,407$1,674$1,942202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent127115100120202220242026

Rent vs buy

Price-to-rent ratio: 32.0
Rent

At a 32.0 price-to-rent ratio, renting beats buying in Zionsville for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
79 · w22%
Home 5-yr CAGR
76 · w22%
Distance from peak
90 · w18%
Population growth
80 · w16%
Rent YoY
62 · w12%
Home 10-yr CAGR
70 · w10%
Long thesis

Zionsville has been growing population at 2.0% per year while home values compounded +7.3% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Zionsville's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Zionsville

Zionsville is a city in Boone County, Indiana, with an estimated population of 33,161. It anchors the Indianapolis-Carmel-Anderson metro area. The population has grown 2.0% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Zionsville is $691,754 as of 2026-04, up 6.2% over the last 12 months. Over the last five years, home values have averaged +7.3% annual growth, with prices at or near the 5-year peak. Rents in Zionsville average $1,800 per month, roughly flat year-over-year (+2.5%). The composite momentum score is 78 of 100 (Hot). Buyers should expect competition and limited negotiation room in this market.

▲ Bull case

●Trend still working: prices up 6.2% in the last 12 months — buyers are still chasing inventory.
●People are voting with their feet: population growing 2.0% per year since 2020 — that’s faster than ~80% of US cities.
●Healthy 5-year run: +7.3% annualized over 5 years, outpacing US inflation.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Zionsville (Wikipedia)

Zionsville is a suburban town located in the southeast area of Boone County, Indiana, United States, northwest of Indianapolis. The population was 14,160 at the 2010 census and 30,693 at the 2020 census.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

Expect competition, escalation clauses, and pressure to waive inspections. Make your strongest offer up front — Hot markets reward decisiveness, not negotiation. If you can't write a clean offer, you may not be the best fit for this market right now.

Seller

Price slightly above recent comps and let multiple offers work. Days-on-market should be short. Don't accept the first offer in the first 48 hours unless it's significantly above ask.

Investor

Cap rates will look ugly in a Hot market — your thesis has to be appreciation, not yield. Don't expect cash flow; expect to ride the trend and exit before it stalls.

Local safety & alerts

No active National Weather Service alerts for Boone County right now.

NWS active alerts (IN)Indiana Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Boone County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Zionsville

Plymouth, IN79 · HotYorktown, IN76 · RisingLebanon, IN77 · RisingAuburn, IN76 · Rising

Run the numbers for Zionsville

ToolCan I afford Zionsville?Income → city shortlistToolROI on a Zionsville rentalCap rate, cash-on-cash, DSCRToolCompare Zionsville to anywhereSide-by-side up to 3 citiesToolZionsville cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
35° / 19°
avg high / low
Summer (Jul)
85° / 64°
avg high / low
Sunny days/yr
186
~51% of year
Annual precip
42″ rain
20″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Indianapolis-Carmel-Anderson area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Zionsville listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$67,200
Indiana state median
Top industries (state-level)
Manufacturing (auto)HealthcareLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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