Market Intelligence · IN / Indianapolis

Indianapolis, IN 46280 Housing Market

The typical home value in Indianapolis 46280 is $346,264, up 3.5% over the past year. The median list price stands at $348,475, with homes taking a median of 35 days to sell.

Updated September 2026Median value$346K

The median home value in Indianapolis, IN 46280 is $346K as of September 2026, up 3.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 46280 range

$319K to $374K

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

+3.5% over 12 months

Sep 2025$334K

Low $334KHigh $346K

Sep 2026$346K

The numbers

What is the 46280 housing market like?

As of September 2026

Typical home value

$346K

3.5%YoY

Median list price

$348K

0.4%MoM

Days on market

32.7%MoM

Homes for sale

4.3%MoM

Price cuts

26.6%

66.1%MoM

New listings

16.7%MoM

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

The outlook

46280 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46280 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 46280 rose 3.5%, per the Zillow Home Value Index.

Will home prices drop in 46280?

Zillow's forecast does not call for a drop: it expects typical home values in 46280 to rise 2.0% by September 2027, after a 3.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 46280 home prices compare?

46280$346,264
Indianapolis$253,595
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Indianapolis: 36 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

There are 24 homes currently listed in this ZIP, with 14 new listings added as of September 2026. About 26.6% of listings have seen a price cut, suggesting some sellers are adjusting expectations in a moderately paced market. Homes are moving at a steady rate, taking 35 days on average from list to sale. For sellers, the modest year-over-year appreciation and the presence of price cuts indicate a balanced market where realistic pricing matters.

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Down payment20% · $69,253

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Common questions

What people ask us.

What is the typical home value in Indianapolis 46280?

The typical home value is $346,264, which has risen 3.5% over the past year.

How long do homes take to sell in this ZIP?

The median time on market is 35 days as of September 2026.

How many homes are currently for sale?

There are 24 homes for sale, with 14 new listings added in September 2026.

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