46224 Home Values & Market Trends

There are 361 homes currently listed for 46224. 46224 real estate market trends show that home prices range from $90,900 to $400,000, and the median sales price in the 46224 zip code is $222,638. The total number of properties sold within the past twelve months is 454. In 46224, 25 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

46224 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 245,165

$ 158/sqft

Indianapolis

$ 245,165

$ 158/sqft

Housing Market Summary for 46224

Sep 2025September 2026Change
Median Listing Price$235K$234.9K-0.02%
Median Sold Price$248.5K$204.6K-17.67%
Homes For Sale149356138.93%
Homes Sold111103-7.21%
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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%.

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Browse Homes in 46224

The median list price of a home in Indianapolis, is $222,638. A total of 361 properties are for sale, and the percentage of properties for sale in the zip code is 361.00%. The total count of 46224 properties is 512.

Foreclosure
There are 2 cities within 46224; 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 4.00% of properties in 46224 with indianapolis containing 1329 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.10% of all residential properties in 46224 with indianapolis containing 1089 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46224; 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 46224 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 0.20% of properties in 46224. There are 2 cities within 46224; 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 46224. Auction homes and other auction properties account for 0.59% of all properties in 46224. There are 2 cities within 46224; 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 70.51% of residential properties in 46224 with indianapolis containing 18037 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 46224; 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 46224. indianapolis has 3199 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 19.73% of properties in 46224.

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      Guide for 46224

      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.