Market Intelligence · IN / Indianapolis

Indianapolis, IN 46236 Housing Market

The typical home value in Indianapolis, IN 46236 is $328,706, up 0.4% over the past year. The median list price sits at $365,000, and homes are spending a median of 51 days on market. That points to a steady but unhurried market for local sellers.

Updated August 2026Median value$329K

The median home value in Indianapolis, IN 46236 is $329K as of August 2026, up 0.4% 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 46236 range

$302K to $355K

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

+0.4% over 12 months

Typical home value in 46236 over the last 12 months: $327K in Aug 2025 to $329K in Aug 2026 (+0.4%).

Aug 2025$327K

Aug 2026$329K

The numbers

What is the 46236 housing market like?

Typical home value

$329K

Up0.4%YoY

Median list price

$365K

Down3.9%MoM

Days on market

51

Up18.6%MoM

Homes for sale

63

Down6.0%MoM

Price cuts

34.5%

Up1.5%MoM

New listings

24

Down29.4%MoM

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

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The comparison

How do 46236 home prices compare?

  • 46236$328,706
  • 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

Home values in 46236 have been nearly flat, with the typical value of $328,706 rising just 0.4% over the past year. Sellers are listing at a median of $365,000, which sits well above that typical value, and homes are taking a median of 51 days to go under contract. There are 63 homes for sale, with 24 new listings entering the market. Notably, 34.5% of listings have taken a price cut, which suggests some sellers are starting too high and adjusting down. For a seller here, realistic pricing from day one matters more than aiming high.

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