Market Intelligence · IN / Indianapolis

Indianapolis, IN 46278 Housing Market

The typical home in Indianapolis 46278 is valued at $435,011, up 3.1% over the past year. The median list price is $468,750, and homes are taking a median of 44 days on market.

Updated June 2026Median value$435K

The median home value in Indianapolis, IN 46278 is $435K as of June 2026, up 3.1% 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 46278 range

$400K to $470K

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

+3.1% over 12 months

Typical home value in 46278 over the last 12 months: $422K in Jun 2025 to $435K in Jun 2026 (+3.1%).

Jun 2025$422K

Jun 2026$435K

The numbers

What is the 46278 housing market like?

Typical home value

$435K

Up3.1%YoY

Median list price

$469K

Days on market

44

Up203.4%MoM

Homes for sale

15

Price cuts

16.7%

New listings

16

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

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The comparison

How do 46278 home prices compare?

  • 46278$435,011
  • 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 15 homes for sale in the 46278 ZIP code, with 16 new listings added. The median list price sits at $468,750, while the typical home value is $435,011, up 3.1% over the past year. Homes are spending a median of 44 days on market, and 16.7% of listings have seen a price cut. For sellers, this points to a market that is holding steady but requires realistic pricing to avoid sitting.

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