Market Intelligence · IN / Indianapolis

Indianapolis, IN 46222 Housing Market

The typical home value in Indianapolis, IN 46222 is $124,987, down 6.2% over the past year. The median list price is $167,000, and homes are spending a median of 59 days on market.

Updated August 2026Median value$125K

The median home value in Indianapolis, IN 46222 is $125K as of August 2026, down 6.2% 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.

Get a cash offer

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 46222 range

$115K to $135K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 46222 market stats. Unsubscribe anytime.

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

12-month value trend

-6.2% over 12 months

Typical home value in 46222 over the last 12 months: $133K in Aug 2025 to $125K in Aug 2026 (-6.2%).

Aug 2025$133K

Aug 2026$125K

The numbers

What is the 46222 housing market like?

Typical home value

$125K

Down6.2%YoY

Median list price

$167K

Up1.1%MoM

Days on market

59

Up9.3%MoM

Homes for sale

90

Down1.1%MoM

Price cuts

34.0%

Up33.1%MoM

New listings

36

Up28.6%MoM

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

Free home value report

See what your 46222 home is worth.

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

The comparison

How do 46222 home prices compare?

  • 46222$124,987
  • 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 90 homes for sale in 46222, with 36 new listings adding to that supply. The typical home value sits at $124,987 and has fallen 6.2% over the past year, while the median list price of $167,000 reflects what sellers are asking rather than what buyers are paying. About 34.0% of listings have taken a price cut, and the median days on market is 59. For a seller, this is a market where pricing realistically from the start matters more than testing a high number.

Monthly payment

Estimate your monthly payment.

20% · $24,997

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.