Market Intelligence · IN / Indianapolis

Indianapolis, IN 46226 Housing Market

The typical home in Indianapolis 46226 is worth $165,123, down 1.6% over the past year. The median list price is $173,950, and homes are taking a median of 43 days on the market.

Updated June 2026Median value$165K

The median home value in Indianapolis, IN 46226 is $165K as of June 2026, down 1.6% 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

$152K to $178K

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

-1.6% over 12 months

Typical home value in 46226 over the last 12 months: $168K in Jun 2025 to $165K in Jun 2026 (-1.6%).

Jun 2025$168K

Jun 2026$165K

The numbers

What is the 46226 housing market like?

Typical home value

$165K

Down1.6%YoY

Median list price

$174K

Days on market

43

Up79.2%MoM

Homes for sale

115

Price cuts

27.4%

New listings

80

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

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The comparison

How do 46226 home prices compare?

  • 46226$165,123
  • 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 1, 2026, there are 115 homes for sale in the 46226 ZIP code, with 80 new listings added recently. The median list price sits at $173,950, while the typical home value is $165,123, down 1.6% over the past year. Homes are spending a median of 43 days on the market, and 27.4% of listings have had a price cut. For sellers, this is a slower market where realistic pricing matters more than ever.

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