Market Intelligence · IN / Indianapolis

Indianapolis, IN 46217 Housing Market

The typical home value in Indianapolis 46217 is $260,357, down 0.4% over the past year. The median list price is $271,225, and homes are taking a median of 42 days on market as of June 1, 2026.

Updated June 2026Median value$260K

The median home value in Indianapolis, IN 46217 is $260K as of June 2026, down 0.4% 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 46217 range

$240K to $281K

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

-0.4% over 12 months

Typical home value in 46217 over the last 12 months: $261K in Jun 2025 to $260K in Jun 2026 (-0.4%).

Jun 2025$261K

Jun 2026$260K

The numbers

What is the 46217 housing market like?

Typical home value

$260K

Down0.4%YoY

Median list price

$271K

Days on market

42

Up68.0%MoM

Homes for sale

87

Price cuts

29.1%

New listings

64

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

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The comparison

How do 46217 home prices compare?

  • 46217$260,357
  • 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 87 homes for sale in 46217, with 64 new listings recently added. The median list price sits at $271,225, while the typical home value is $260,357, down 0.4% over the past year. Homes are spending a median of 42 days on market, and 29.1% of listings have had a price cut. For sellers, this points to a market where pricing carefully from the start matters more than assuming quick buyer demand.

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