Home ValuePros

Market Intelligence · IN / Indianapolis

Indianapolis, IN 46224 Housing Market

The typical home in Indianapolis 46224 is valued at $204,699, unchanged at 0.0% over the past year. The median list price is $229,000, and homes are taking a median of 45 days on market as of June 2026.

Updated June 2026Median value$205K

The median home value in Indianapolis, IN 46224 is $205K as of June 2026, little changed 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 46224 range

$188K to $221K

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

+0.0% over 12 months

Typical home value in 46224 over the last 12 months: $205K in Jun 2025 to $205K in Jun 2026 (+0.0%).

Jun 2025$205K

Jun 2026$205K

The numbers

What is the 46224 housing market like?

Typical home value

$205K

Flat0.0%YoY

Median list price

$229K

Days on market

45

Up172.7%MoM

Homes for sale

25

Price cuts

15.2%

New listings

22

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

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The comparison

How do 46224 home prices compare?

  • 46224$204,699
  • 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 2026, there are 25 homes for sale in 46224, with 22 new listings coming onto the market. The median list price sits at $229,000, while the typical home value is $204,699, flat at 0.0% over the past year. Homes are taking a median of 45 days to sell, and 15.2% of listings have had a price cut. For sellers, this points to a steady but patient market where realistic pricing matters.

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