Indianapolis, IN Home Values & Market Trends
Real estate market trends reflect that there have been 19,580 transactions over the past year in Indianapolis. The median value for residential home transactions that occurred over the previous year is $245,165. The number of current listings in Indianapolis is 18,037, and the percentage of properties for sale in the city is 18037.00%. Indianapolis, IN currently has 1,329 properties in foreclosure, 85 bank owned properties, 155 properties headed for auction, and 18,037 properties for sale.
Indianapolis, IN Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 46201 | $ 183,829 $ 145/sqft | 46256 | $ 347,136 $ 176/sqft |
| 46201 | $ 183,829 $ 145/sqft | 46256 | $ 347,136 $ 176/sqft |
| 46203 | $ 194,939 $ 161/sqft | 46234 | $ 299,428 $ 161/sqft |
| 46203 | $ 194,939 $ 161/sqft | 46234 | $ 299,428 $ 161/sqft |
| 46237 | $ 271,266 $ 158/sqft | 46260 | $ 324,950 $ 172/sqft |
| 46237 | $ 271,266 $ 158/sqft | 46268 | $ 262,399 $ 153/sqft |
| 46218 | $ 131,403 $ 130/sqft | 46260 | $ 324,950 $ 172/sqft |
| 46218 | $ 131,403 $ 130/sqft | 46268 | $ 262,399 $ 153/sqft |
| 46239 | $ 294,000 $ 146/sqft | 46202 | $ 425,143 $ 220/sqft |
| 46239 | $ 294,000 $ 146/sqft | 46202 | $ 425,143 $ 220/sqft |
| 46220 | $ 351,082 $ 233/sqft | 46224 | $ 222,638 $ 170/sqft |
| 46220 | $ 351,082 $ 233/sqft | 46224 | $ 222,638 $ 170/sqft |
| 46227 | $ 235,000 $ 160/sqft | 46240 | $ 369,160 $ 217/sqft |
| 46227 | $ 235,000 $ 160/sqft | 46240 | $ 369,160 $ 217/sqft |
| 46226 | $ 171,215 $ 134/sqft | 46214 | $ 236,746 $ 154/sqft |
| 46226 | $ 171,215 $ 134/sqft | 46214 | $ 236,746 $ 154/sqft |
| 46219 | $ 197,000 $ 150/sqft | 46250 | $ 305,000 $ 170/sqft |
| 46219 | $ 197,000 $ 150/sqft | 46250 | $ 305,000 $ 170/sqft |
| 46205 | $ 285,000 $ 191/sqft | 46259 | $ 384,161 $ 153/sqft |
| 46205 | $ 285,000 $ 191/sqft | 46259 | $ 384,161 $ 153/sqft |
| 46217 | $ 256,727 $ 159/sqft | 46228 | $ 290,301 $ 159/sqft |
| 46217 | $ 256,727 $ 159/sqft | 46228 | $ 290,301 $ 159/sqft |
| 46235 | $ 220,243 $ 131/sqft | 46225 | $ 215,938 $ 160/sqft |
| 46235 | $ 220,243 $ 131/sqft | 46225 | $ 215,938 $ 160/sqft |
| 46208 | $ 211,674 $ 148/sqft | 46278 | $ 483,962 $ 172/sqft |
| 46208 | $ 211,674 $ 148/sqft | 46278 | $ 483,962 $ 172/sqft |
| 46254 | $ 230,705 $ 153/sqft | 46231 | $ 261,131 $ 159/sqft |
| 46254 | $ 230,705 $ 153/sqft | 46231 | $ 261,131 $ 159/sqft |
| 46222 | $ 149,000 $ 135/sqft | 46280 | $ 365,000 $ 230/sqft |
| 46222 | $ 149,000 $ 135/sqft | 46280 | $ 365,000 $ 230/sqft |
| 46221 | $ 220,322 $ 153/sqft | 46204 | $ 371,555 $ 263/sqft |
| 46221 | $ 220,322 $ 153/sqft | 46204 | $ 371,555 $ 263/sqft |
| 46229 | $ 224,950 $ 137/sqft | 46216 | $ 281,461 $ 167/sqft |
| 46229 | $ 224,950 $ 137/sqft | 46216 | $ 281,461 $ 167/sqft |
| 46241 | $ 166,998 $ 146/sqft | 46290 | $ 756,958 $ 238/sqft |
| 46241 | $ 166,998 $ 146/sqft | 46290 | $ 756,958 $ 238/sqft |
| 46236 | $ 345,869 $ 174/sqft | 46249 | $ -- $ -- |
| 46236 | $ 345,869 $ 174/sqft | 46249 | $ -- $ -- |
Housing Market Summary for Indianapolis, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $253.4K | $257.1K | 1.48% |
| Median Sold Price | $256K | $231.4K | -9.58% |
| Homes For Sale | 10,070 | 17,814 | 76.90% |
| Homes Sold | 4,899 | 3,200 | -34.68% |
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 Indianapolis, IN
Browse Homes in Indianapolis, IN
Indianapolis home values range from $25,426 to $7,995,000. The median estimated value of a home in Indianapolis is $245,165. The median list price of a home is 257,192.5, and the total count of properties in the city is 23,894.
- Pre-ForeclosurePre-foreclosure homes account for 4.56% of all residential properties in Indianapolis, IN with 46201 containing 95 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 76 zips within Indianapolis, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $378,808 in 46290 to the lowest home value of $48,145 in 46218.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Indianapolis, IN ranges from the highest value of $249,422 in 46259 to the lowest value of $57,256 in 46227. Bank owned homes and properties account for 0.36% of properties in Indianapolis, IN. There are 76 zips within Indianapolis, IN; 46201 containing 13 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46201 has 18 auction properties, the highest number of properties going to auction in a single zip in the state of Indianapolis, IN. Auction homes and other auction properties account for 0.65% of all properties in Indianapolis, IN. There are 76 zips within Indianapolis, IN; of those zips, the median estimated home value for homes going to auction ranges from $275,000 in 46236 to the lowest value of $68,265 in 46236.
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Guide for Indianapolis, IN
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
