Market Intelligence · IN / Indianapolis

Indianapolis, IN 46241 Housing Market

The typical home in Indianapolis 46241 is valued at $159,162, unchanged at 0.0% over the past year. The median list price is $164,975, and homes are taking a median of 49 days on market.

Updated June 2026Median value$159K

The median home value in Indianapolis, IN 46241 is $159K as of June 2026, little changed 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 46241 range

$146K to $172K

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

+0.0% over 12 months

Typical home value in 46241 over the last 12 months: $159K in Jun 2025 to $159K in Jun 2026 (+0.0%).

Jun 2025$159K

Jun 2026$159K

The numbers

What is the 46241 housing market like?

Typical home value

$159K

Flat0.0%YoY

Median list price

$165K

Days on market

49

Up206.3%MoM

Homes for sale

46

Price cuts

13.9%

New listings

26

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

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The comparison

How do 46241 home prices compare?

  • 46241$159,162
  • 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 46 homes for sale in the 46241 ZIP code, with 26 new listings added recently. The typical home value sits at $159,162, flat at 0.0% over the past year. With a median list price of $164,975 and a median 49 days on market, the pace here is measured rather than rushed. About 13.9% of listings have taken a price cut. Sellers should expect steady interest but plan for a listing period rather than a quick turnaround.

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