How much is a home in 46201 worth?

The typical home value in 46201 is $151,436, down 4.5% over the past year.

How fast are homes selling in 46201?

Homes in 46201 are spending a median of 56 days on market. With 240 homes for sale and 38.8% of listings seeing a price cut, buyers have room to negotiate.

What are homes listed for in 46201?

The median list price in 46201 is $199,900. That figure is notably above the typical home value of $151,436, so asking prices often exceed what homes actually sell for.

Market Intelligence · IN / Indianapolis

Indianapolis, IN 46201 Housing Market

The typical home value in Indianapolis, IN 46201 is $151,436, down 4.5% over the past year. Sellers are currently listing at a median of $199,900, and homes are spending a median of 56 days on market.

Updated August 2026Median value$151K

The median home value in Indianapolis, IN 46201 is $151K as of August 2026, down 4.5% 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.

Sell without the wait

Sell your Indianapolis home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 46201 range

$139K to $164K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 46201 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Indianapolis, IN.

12-month value trend

-4.5% over 12 months

Aug 2025$159K

Low $151KHigh $159K

Aug 2026$151K

The numbers

What is the 46201 housing market like?

As of August 2026

Typical home value

$151K

4.5%YoY

Median list price

$200K

3.6%MoM

Days on market

5.1%MoM

Homes for sale

240

17.6%MoM

Price cuts

38.8%

8.0%MoM

New listings

8.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 46201 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 46201 home prices compare?

46201$151,436
Indianapolis$255,775
Indiana$237,708
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Indianapolis: 36 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

The 46201 market is softening. The typical home value of $151,436 has fallen 4.5% over the past year, while the median list price sits higher at $199,900. There are 240 homes for sale, with 80 new listings adding to that supply. Homes are taking a median of 56 days to sell, and 38.8% of listings have had a price cut. For a seller, that gap between asking prices and actual values means realistic pricing matters more than aiming high.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $30,287

Term

Rate (%)

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading