Market Intelligence · IN / Indianapolis

Indianapolis, IN 46234 Housing Market

The typical home value in Indianapolis, IN 46234 is $279,832, up 0.3% over the past year. The median list price is $314,900, homes have a median of 46 days on market, and there are 59 homes for sale.

Updated August 2026Median value$280K

The median home value in Indianapolis, IN 46234 is $280K as of August 2026, up 0.3% 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

$257K to $302K

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

+0.3% over 12 months

Typical home value in 46234 over the last 12 months: $279K in Aug 2025 to $280K in Aug 2026 (+0.3%).

Aug 2025$279K

Aug 2026$280K

The numbers

What is the 46234 housing market like?

Typical home value

$280K

Up0.3%YoY

Median list price

$315K

Up1.2%MoM

Days on market

46

Up31.4%MoM

Homes for sale

59

Down4.8%MoM

Price cuts

20.6%

Up26.0%MoM

New listings

32

Down23.8%MoM

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

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The comparison

How do 46234 home prices compare?

  • 46234$279,832
  • 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

Indianapolis, IN 46234 has 59 homes for sale, with 32 new listings. The median list price is $314,900, while the typical home value is $279,832, up 0.3% over the past year. Homes are spending a median of 46 days on market, and 20.6% of listings have a price cut. That mix points to a market where buyers have some room to negotiate, but values are not falling fast. A seller should price carefully from the start.

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