Market Intelligence · IN / Indianapolis

Indianapolis, IN 46214 Housing Market

The typical home value in Indianapolis 46214 is $229,417, down 1.0% over the past year. The median list price sits at $243,225, with homes typically spending 52 days on market. This ZIP code shows signs of a slower, more balanced market.

Updated September 2026Median value$229K

The median home value in Indianapolis, IN 46214 is $229K as of September 2026, down 1.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 46214 range

$211K to $248K

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

-1.0% over 12 months

Sep 2025$232K

Low $229KHigh $232K

Sep 2026$229K

The numbers

What is the 46214 housing market like?

As of September 2026

Typical home value

$229K

1.0%YoY

Median list price

$243K

3.1%MoM

Days on market

1.9%MoM

Homes for sale

2.4%MoM

Price cuts

32.1%

3.1%MoM

New listings

0.0%MoM

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

The outlook

46214 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46214 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 46214 fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in 46214?

Zillow's forecast does not call for a drop: it expects typical home values in 46214 to rise 1.7% by September 2027, after a 1.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 46214 home prices compare?

46214$229,417
Indianapolis$253,595
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Indianapolis: 36 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 40 homes for sale in 46214, with 20 new listings added recently. The median days on market of 52 suggests properties are taking longer to sell compared to faster markets. Price cuts appear on 32.1% of listings, indicating some seller adjustment as inventory competes for buyer attention. The year-over-year value decline of 1.0% reflects broader cooling. If you're considering selling, understand that patience and realistic pricing are becoming more important in this market.

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Down payment20% · $45,883

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Common questions

What people ask us.

How much is a typical home worth in 46214?

The typical home value is $229,417 as of September 2026, down 1.0% from the previous year.

How long do homes spend on the market here?

The median days on market is 52 as of September 2026.

What share of homes have had price reductions?

As of September 2026, 32.1% of listings have a price cut.

Discover

Nearby ZIP markets.

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