How much is a home in 46278 worth?

The typical home in 46278 is worth $430,690 as of 2026-08-01, up 2.7% over the past year. The median list price is $479,450.

How long do homes take to sell in 46278?

Homes in 46278 spend a median of 40 days on market as of 2026-08-01. That is a moderate pace, neither fast nor stalled.

Are sellers cutting prices in 46278?

Yes. As of 2026-08-01, 29.4% of active listings in 46278 have had a price cut, which points to some initial asking prices being set too high.

Market Intelligence · IN / Indianapolis

Indianapolis, IN 46278 Housing Market

The typical home in Indianapolis, IN 46278 is worth $430,690, up 2.7% over the past year as of 2026-08-01. Homes are listed at a median price of $479,450 and spend a median of 40 days on market before selling.

Updated August 2026Median value$431K

The median home value in Indianapolis, IN 46278 is $431K as of August 2026, up 2.7% 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.

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Typical 46278 range

$396K to $465K

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

+2.7% over 12 months

Aug 2025$419K

Low $419KHigh $431K

Aug 2026$431K

The numbers

What is the 46278 housing market like?

As of August 2026

Typical home value

$431K

2.7%YoY

Median list price

$479K

3.9%MoM

Days on market

2.4%MoM

Homes for sale

47.8%MoM

Price cuts

29.4%

37.8%MoM

New listings

11.1%MoM

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

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The comparison

How do 46278 home prices compare?

46278$430,690
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

The 46278 market on the northwest side of Indianapolis shows steady, modest appreciation, with typical values up 2.7% over the past year to $430,690. As of 2026-08-01 there were 34 homes for sale, with 16 new listings coming on the market. Sellers are asking a median of $479,450, and homes take a median of 40 days to sell. Notably, 29.4% of listings have taken a price cut, which suggests some sellers are starting above what buyers will pay. For a seller here, the market rewards realistic pricing more than ambition.

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