Home ValuePros

Market Intelligence · IN / Indianapolis

Indianapolis, IN 46241 Housing Market

The typical home value in Indianapolis, IN 46241 is $157,532, down 0.7% over the past year. The median list price is $180,000, and homes spend a median of 47 days on the market.

Updated August 2026Median value$158K

The median home value in Indianapolis, IN 46241 is $158K as of August 2026, down 0.7% 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 46241 range

$145K to $170K

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 46241 market stats. Unsubscribe anytime.

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

12-month value trend

-0.7% over 12 months

Typical home value in 46241 over the last 12 months: $159K in Aug 2025 to $158K in Aug 2026 (-0.7%).

Aug 2025$159K

Aug 2026$158K

The numbers

What is the 46241 housing market like?

Typical home value

$158K

Down0.7%YoY

Median list price

$180K

Up6.2%MoM

Days on market

47

Flat0.0%MoM

Homes for sale

63

Up14.5%MoM

Price cuts

23.7%

Up29.3%MoM

New listings

32

Up23.1%MoM

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

Free home value report

See what your 46241 home is worth.

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

The comparison

How do 46241 home prices compare?

  • 46241$157,532
  • 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

As of 2026-08-01, there are 63 homes for sale in 46241, with 32 new listings added. The median list price is $180,000, while the typical home value is $157,532, down 0.7% over the past year. Homes take a median of 47 days to sell, and 23.7% of listings have taken a price cut. That share of reductions, combined with a slight decline in values, suggests buyers have some room to negotiate. For a seller, pricing realistically from the start matters more here than testing the top of the market.

Monthly payment

Estimate your monthly payment.

20% · $31,506

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.