Market Intelligence · IN / Indianapolis

Indianapolis, IN 46201 Housing Market

The typical home value in Indianapolis 46201 is $156,156, down 5.7% over the past year. The median list price is $215,000, and homes are taking a median of 58 days on market as of June 2026.

Updated June 2026Median value$156K

The median home value in Indianapolis, IN 46201 is $156K as of June 2026, down 5.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 46201 range

$144K to $169K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-5.7% over 12 months

Typical home value in 46201 over the last 12 months: $166K in Jun 2025 to $156K in Jun 2026 (-5.7%).

Jun 2025$166K

Jun 2026$156K

The numbers

What is the 46201 housing market like?

Typical home value

$156K

Down5.7%YoY

Median list price

$215K

Days on market

58

Up87.1%MoM

Homes for sale

192

Price cuts

35.6%

New listings

72

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 46201 home prices compare?

  • 46201$156,156
  • Indianapolis$260,207
  • Indiana$239,792
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Indianapolis: 36 ZIPs; Indiana: 697 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 192 homes for sale in the 46201 ZIP code, with 72 new listings added. The median list price sits at $215,000, while the typical home value is $156,156. Homes are spending a median of 58 days on market, and 35.6% of listings have had a price cut. With values down 5.7% over the past year, sellers here should expect a slower market and price carefully from the start.

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