Market Intelligence · IN / Indianapolis

Indianapolis, IN 46218 Housing Market

Homes in 46218 are valued at $112,021 on average, down 2.6% over the past year. The median list price stands at $149,900, and homes typically stay on the market for 69 days.

Updated September 2026Median value$112K

The median home value in Indianapolis, IN 46218 is $112K as of September 2026, down 2.6% 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 46218 range

$103K to $121K

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

-2.6% over 12 months

Sep 2025$115K

Low $112KHigh $116K

Sep 2026$112K

The numbers

What is the 46218 housing market like?

As of September 2026

Typical home value

$112K

2.6%YoY

Median list price

$150K

0.0%MoM

Days on market

11.3%MoM

Homes for sale

168

8.7%MoM

Price cuts

26.4%

11.4%MoM

New listings

9.1%MoM

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

The outlook

46218 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46218 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 46218 fell 2.6%, per the Zillow Home Value Index.

Will home prices drop in 46218?

Zillow's forecast does not call for a drop: it expects typical home values in 46218 to rise 1.4% by September 2027, after a 2.6% 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 46218 home prices compare?

46218$112,021
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

Indianapolis's 46218 ZIP code has 168 homes listed as of September 2026, with 48 new listings added in that period. The median time homes spend on market is 69 days. A notable 26.4% of listings have seen a price cut, which aligns with the softening in values over the past year. If you own here and are considering selling, expect a slower-moving market with more negotiation leverage on the buyer's side.

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Down payment20% · $22,404

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Common questions

What people ask us.

What is the typical home value in 46218?

The typical home value in 46218 is $112,021, down 2.6% over the past year as of September 2026.

How long do homes stay on the market in 46218?

The median time on market is 69 days as of September 2026.

What percentage of homes have price cuts in 46218?

As of September 2026, 26.4% of listings in 46218 have had a price reduction.

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