Market Intelligence · IN / Indianapolis
Indianapolis, IN 46227 Housing Market
The typical home in Indianapolis 46227 is worth $231,226, down 0.6% over the past year. The median list price is $249,950, and homes are taking a median of 47 days on market.
The median home value in Indianapolis, IN 46227 is $231K as of June 2026, down 0.6% 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 46227 range
$213K to $250K
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
-0.6% over 12 months
Jun 2025$233K
Low $231KHigh $233K
Jun 2026$231K