Market Intelligence · IN / Indianapolis

Indianapolis, IN 46234 Housing Market

The typical home value in Indianapolis 46234 is $283,186, up 0.5% over the past year. The median list price is $317,425, and homes are taking a median of 25 days on market.

Updated June 2026Median value$283K

The median home value in Indianapolis, IN 46234 is $283K as of June 2026, up 0.5% 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 46234 range

$261K to $306K

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

+0.5% over 12 months

Typical home value in 46234 over the last 12 months: $282K in Jun 2025 to $283K in Jun 2026 (+0.5%).

Jun 2025$282K

Jun 2026$283K

The numbers

What is the 46234 housing market like?

Typical home value

$283K

Up0.5%YoY

Median list price

$317K

Days on market

25

Up108.3%MoM

Homes for sale

56

Price cuts

33.8%

New listings

48

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

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The comparison

How do 46234 home prices compare?

  • 46234$283,186
  • 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

There are 56 homes for sale in 46234 as of June 2026, with 48 new listings added recently. The median list price sits at $317,425, while the typical home value is $283,186. Homes are moving at a median of 25 days on market. About 33.8% of listings have had a price cut, which points to some gap between asking prices and what buyers will pay. Sellers here should price carefully against recent activity rather than reaching for the top of the range.

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