Market Intelligence · IN / Indianapolis

Indianapolis, IN 46225 Housing Market

The typical home value in Indianapolis 46225 is $168,812, down 3.2% over the past year. The median list price stands at $246,150, and homes are spending a median of 73 days on market as of September 2026.

Updated September 2026Median value$169K

The median home value in Indianapolis, IN 46225 is $169K as of September 2026, down 3.2% 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 46225 range

$155K to $182K

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

-3.2% over 12 months

Typical home value in 46225 over the last 12 months: $174K in Sep 2025 to $169K in Sep 2026 (-3.2%).

Sep 2025$174K

Sep 2026$169K

The numbers

What is the 46225 housing market like?

Typical home value

$169K

Down3.2%YoY

Median list price

$246K

Down1.5%MoM

Days on market

73

Up9.0%MoM

Homes for sale

80

Flat0.0%MoM

Price cuts

27.6%

Down38.4%MoM

New listings

14

Down30.0%MoM

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

The outlook

46225 housing market forecast 2027

+0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46225 to rise 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 46225 fell 3.2%, per the Zillow Home Value Index.

Will home prices drop in 46225?

Zillow's forecast does not call for a drop: it expects typical home values in 46225 to rise 0.9% by September 2027, after a 3.2% 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 46225 home prices compare?

  • 46225$168,812
  • 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

As of September 2026, there are 80 homes for sale in 46225, with 14 new listings added. The median list price sits at $246,150, while the typical home value is $171,536 as of August 2026, down 3.8% over the past year. Homes take a median of 73 days to sell, and 27.6% of listings have taken a price cut as of September 2026. For a seller, this points to a market where buyers have room to negotiate and realistic pricing from the start matters more than testing the high end.

Monthly payment

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20% · $33,762

Common questions

What people ask us.

What is a typical home worth in 46225?

The typical home value in 46225 is $168,812, down 3.2% over the past year as of September 2026.

How long do homes take to sell in 46225?

Homes in this ZIP spend a median of 73 days on market.

How many homes are currently for sale?

There are 80 homes for sale as of September 2026, with 14 new listings that month.

Discover

Nearby ZIP markets.

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Guides for sellers.