Market Intelligence · IN / Indianapolis
Indianapolis, IN 46227 Housing Market
The typical home value in Indianapolis, IN 46227 is $227,824, down 0.9% over the past year. The median list price stands at $239,450, and homes spend a median of 50 days on the market.
The median home value in Indianapolis, IN 46227 is $228K as of August 2026, down 0.9% 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
$210K to $246K
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
-0.9% over 12 months
Aug 2025$230K
Low $228KHigh $231K
Aug 2026$228K