Market Intelligence · IN / Indianapolis

Indianapolis, IN 46225 Housing Market

In Indianapolis 46225, the typical home value is $171,536, down 3.8% over the past year. The median list price is $249,900, and homes are spending a median of 67 days on market. There are 80 homes for sale.

Updated August 2026Median value$172K

The median home value in Indianapolis, IN 46225 is $172K as of August 2026, down 3.8% 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 46225 range

$158K to $185K

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

-3.8% over 12 months

Typical home value in 46225 over the last 12 months: $178K in Aug 2025 to $172K in Aug 2026 (-3.8%).

Aug 2025$178K

Aug 2026$172K

The numbers

What is the 46225 housing market like?

Typical home value

$172K

Down3.8%YoY

Median list price

$250K

Up1.0%MoM

Days on market

67

Down8.2%MoM

Homes for sale

80

Up19.4%MoM

Price cuts

44.8%

Up85.9%MoM

New listings

20

Down16.7%MoM

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

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The comparison

How do 46225 home prices compare?

  • 46225$171,536
  • 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

The market has 80 homes for sale, with 20 new listings. The median list price is $249,900, while the typical home value is $171,536 and is down 3.8% over the past year. A median of 67 days on market points to a slower pace, and 44.8% of listings have taken a price cut. That mix suggests more room for negotiation than a tight market would. The practical read is simple: price carefully and expect buyers to negotiate.

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