Market Intelligence · IN / Indianapolis

Indianapolis, IN 46235 Housing Market

The typical home in Indianapolis 46235 is valued at $219,881, down 1.3% over the past year. The median list price sits at $236,100, and homes take a median of 42 days on market.

Updated June 2026Median value$220K

The median home value in Indianapolis, IN 46235 is $220K as of June 2026, down 1.3% 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 46235 range

$202K to $237K

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

-1.3% over 12 months

Typical home value in 46235 over the last 12 months: $223K in Jun 2025 to $220K in Jun 2026 (-1.3%).

Jun 2025$223K

Jun 2026$220K

The numbers

What is the 46235 housing market like?

Typical home value

$220K

Down1.3%YoY

Median list price

$236K

Days on market

42

Up27.3%MoM

Homes for sale

79

Price cuts

28.1%

New listings

44

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

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The comparison

How do 46235 home prices compare?

  • 46235$219,881
  • 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 were 79 homes for sale in 46235, with 44 new listings added. The median list price was $236,100, while the typical home value stood at $219,881, down 1.3% over the past year. Homes took a median of 42 days on market, and 28.1% of listings had a price cut. For sellers, this points to a market where buyers have options and patience, so realistic pricing matters.

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