46254 Home Values & Market Trends
There are 579 homes currently listed for 46254. 46254 real estate market trends show that home prices range from $110,000 to $1,299,000, and the median sales price in the 46254 zip code is $230,705. The total number of properties sold within the past twelve months is 627. In 46254, 46 properties are in foreclosure, 4 are bank owned properties,and 3 are headed for auction.
46254 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Indianapolis | $ 245,165 $ 158/sqft | Indianapolis | $ 245,165 $ 158/sqft |
Housing Market Summary for 46254
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $225.5K | $230K | 2.00% |
| Median Sold Price | $232.7K | $215.5K | -7.39% |
| Homes For Sale | 269 | 574 | 113.38% |
| Homes Sold | 117 | 88 | -24.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 46254
Browse Homes in 46254
The median list price of a home in Indianapolis, is $230,705. A total of 579 properties are for sale, and the percentage of properties for sale in the zip code is 579.00%. The total count of 46254 properties is 755.
- Pre-ForeclosurePre-foreclosure homes account for 5.17% of all residential properties in 46254 with indianapolis containing 1089 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46254; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,599,900 in indianapolis to the lowest home value of $48,145 in indianapolis.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 46254 ranges from the highest value of $450,000 in indianapolis to the lowest value of $57,256 in indianapolis. Bank owned homes and properties account for 0.53% of properties in 46254. There are 2 cities within 46254; indianapolis containing 85 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsindianapolis has 155 auction properties, the highest number of properties going to auction in a single city in the state of 46254. Auction homes and other auction properties account for 0.40% of all properties in 46254. There are 2 cities within 46254; of those cities, the median estimated home value for homes going to auction ranges from $609,004 in indianapolis to the lowest value of $68,265 in indianapolis.
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Guide for 46254





Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

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