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

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 245,165

$ 158/sqft

Indianapolis

$ 245,165

$ 158/sqft

Housing Market Summary for 46254

Sep 2025September 2026Change
Median Listing Price$225.5K$230K2.00%
Median Sold Price$232.7K$215.5K-7.39%
Homes For Sale269574113.38%
Homes Sold11788-24.79%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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.

Foreclosure
There are 2 cities within 46254; within these cities, the median estimated home value for homes in foreclosure ranges from $1,599,900 in indianapolis to the lowest value of $48,145 in indianapolis. Foreclosure homes account for 6.00% of properties in 46254 with indianapolis containing 1329 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    indianapolis 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 76.69% of residential properties in 46254 with indianapolis containing 18037 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 46254; homes for sale in those cities, have a range of median values from $7,995,000 in indianapolis to the lowest value of $25,519 in indianapolis.
    Sold Homes
    The median value for recently sold homes ranges from $5,818,945 in indianapolis to the lowest price of $25,426 in indianapolis. There are 2 cities within 46254. indianapolis has 3199 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 11.13% of properties in 46254.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      46254
      $
      $

      Guide for 46254

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.