Home ValuePros

Market Intelligence · IN / Indianapolis

Indianapolis, IN 46226 Housing Market

The typical home value in Indianapolis, IN 46226 is $161,600, down 2.6% over the past year. Homes are listing at a median price of $172,750 and spending a median of 51 days on the market.

Updated August 2026Median value$162K

The median home value in Indianapolis, IN 46226 is $162K as of August 2026, down 2.6% 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 46226 range

$149K to $175K

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

Typical home value in 46226 over the last 12 months: $166K in Aug 2025 to $162K in Aug 2026 (-2.6%).

Aug 2025$166K

Aug 2026$162K

The numbers

What is the 46226 housing market like?

Typical home value

$162K

Down2.6%YoY

Median list price

$173K

Down0.3%MoM

Days on market

51

Up18.6%MoM

Homes for sale

137

Up1.5%MoM

Price cuts

31.6%

Down3.7%MoM

New listings

52

Down13.3%MoM

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

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The comparison

How do 46226 home prices compare?

  • 46226$161,600
  • 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

There are 137 homes for sale in 46226 as of 2026-08-01, with 52 new listings coming on the market. The median list price sits at $172,750, and homes take a median of 51 days to sell. A full 31.6% of listings have had a price cut, and the typical home value of $161,600 is down 2.6% over the past year. That combination suggests buyers have room to negotiate and sellers should not expect quick offers at full asking. If you are thinking about selling, pricing realistically from the start matters more than testing the top of the market.

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