Market Intelligence · IN / Indianapolis

Indianapolis, IN 46214 Housing Market

The typical home value in Indianapolis, IN 46214 is $232,128, down 1.1% over the past year as of 2026-08-01. The median list price sits at $235,950, and homes spend a median of 53 days on the market.

Updated August 2026Median value$232K

The median home value in Indianapolis, IN 46214 is $232K as of August 2026, down 1.1% 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 46214 range

$214K to $251K

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

-1.1% over 12 months

Typical home value in 46214 over the last 12 months: $235K in Aug 2025 to $232K in Aug 2026 (-1.1%).

Aug 2025$235K

Aug 2026$232K

The numbers

What is the 46214 housing market like?

Typical home value

$232K

Down1.1%YoY

Median list price

$236K

Up1.3%MoM

Days on market

53

Up20.5%MoM

Homes for sale

41

Up2.5%MoM

Price cuts

31.2%

Up73.2%MoM

New listings

20

Up11.1%MoM

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

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The comparison

How do 46214 home prices compare?

  • 46214$232,128
  • 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

As of 2026-08-01, there are 41 homes for sale in 46214, with 20 new listings coming on the market. The median list price is $235,950, slightly above the typical home value of $232,128. That typical value is down 1.1% over the past year, and 31.2% of listings have taken a price cut. Homes are moving at a median of 53 days, which gives buyers some room to negotiate. For sellers, pricing realistically from the start matters more right now than testing the market high.

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