Market Intelligence · IN / Indianapolis

Indianapolis, IN 46239 Housing Market

The typical home value in Indianapolis 46239 is $298,267, up 0.3% over the past year. The median list price is $333,750, and homes are taking a median of 48 days on the market to sell.

Updated June 2026Median value$298K

The median home value in Indianapolis, IN 46239 is $298K as of June 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.

Get a cash offer

Sell without the wait

Sell your Indianapolis home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 46239 range

$274K to $322K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 46239 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Indianapolis, IN.

12-month value trend

+0.3% over 12 months

Typical home value in 46239 over the last 12 months: $297K in Jun 2025 to $298K in Jun 2026 (+0.3%).

Jun 2025$297K

Jun 2026$298K

The numbers

What is the 46239 housing market like?

Typical home value

$298K

Up0.3%YoY

Median list price

$334K

Days on market

48

Down2.0%MoM

Homes for sale

131

Price cuts

22.6%

New listings

78

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

Free home value report

See what your 46239 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 46239 home prices compare?

  • 46239$298,267
  • 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 2026, there are 131 homes for sale in the 46239 ZIP code, with 78 new listings added recently. The median list price sits at $333,750, while the typical home value is $298,267, up 0.3% over the past year. Homes are spending a median of 48 days on the market, and 22.6% of listings have had a price cut. For sellers, this points to a market where buyers have options and patience, so realistic pricing matters.

Monthly payment

Estimate your monthly payment.

20% · $59,653

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.