46221 Home Values & Market Trends

There are 11 homes currently listed for 46221. 46221 real estate market trends show that home prices range from $65,000 to $289,900, and the median sales price in the 46221 zip code is $200,520.61. The total number of properties sold within the past twelve months is 756. In 46221, 15 properties are in foreclosure, 4 are bank owned properties,and 4 are headed for auction.

46221 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 221,452

$ 139/sqft

Indianapolis

$ 221,452

$ 139/sqft

Housing Market Summary for 46221

Mar 2023February 2024Change
Median Listing Price$149.9K$199.6K33.16%
Median Sold Price$191.8K$199.6K4.08%
Homes For Sale1312-7.69%
Homes Sold23726210.55%
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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 46221

The median list price of a home in Indianapolis, is $200,520.61. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 46221 properties is 8,943.

Foreclosure
There are 2 cities within 46221; within these cities, the median estimated home value for homes in foreclosure ranges from $729,834 in indianapolis to the lowest value of $41,975 in indianapolis. Foreclosure homes account for 0.00% of properties in 46221 with indianapolis containing 488 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in 46221 with indianapolis containing 189 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46221; of those cities, the estimated home value for pre-foreclosure homes ranges from $670,667 in indianapolis to the lowest home value of $71,129 in indianapolis.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46221 ranges from the highest value of $671,443 in indianapolis to the lowest value of $62,761 in indianapolis. Bank owned homes and properties account for 0.04% of properties in 46221. There are 2 cities within 46221; indianapolis containing 77 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    indianapolis has 222 auction properties, the highest number of properties going to auction in a single city in the state of 46221. Auction homes and other auction properties account for 0.04% of all properties in 46221. There are 2 cities within 46221; of those cities, the median estimated home value for homes going to auction ranges from $729,834 in indianapolis to the lowest value of $41,975 in indianapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in 46221 with indianapolis containing 343 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 46221; homes for sale in those cities, have a range of median values from $2,219,150 in indianapolis to the lowest value of $36,428 in indianapolis.
    Sold Homes
    The median value for recently sold homes ranges from $4,123,303 in indianapolis to the lowest price of $19,204 in indianapolis. There are 2 cities within 46221. indianapolis has 8396 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.84% of properties in 46221.

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      Guide for 46221

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Recently Listed Homes 46221

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