Market Intelligence · IN / Indianapolis

Indianapolis, IN 46237 Housing Market

The typical home value in Indianapolis 46237 is $263,205, up 0.1% over the past year. The median list price is $289,725, and homes are taking a median of 43 days on market as of June 1, 2026.

Updated June 2026Median value$263K

The median home value in Indianapolis, IN 46237 is $263K as of June 2026, up 0.1% 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 46237 range

$242K to $284K

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

+0.1% over 12 months

Typical home value in 46237 over the last 12 months: $263K in Jun 2025 to $263K in Jun 2026 (+0.1%).

Jun 2025$263K

Jun 2026$263K

The numbers

What is the 46237 housing market like?

Typical home value

$263K

Up0.1%YoY

Median list price

$290K

Days on market

43

Up38.7%MoM

Homes for sale

129

Price cuts

37.2%

New listings

80

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

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The comparison

How do 46237 home prices compare?

  • 46237$263,205
  • 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 are 129 homes for sale in 46237, with 80 new listings added. The median list price is $289,725, while the typical home value sits at $263,205, up 0.1% over the past year. Homes take a median of 43 days on market, and 37.2% of listings have had a price cut. For sellers, this points to a slow, roughly flat market where pricing carefully from the start matters more than testing a high number.

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