Indianapolis, IN Housing Market
$230,020
0.8% 1-yrThe average Indianapolis, IN home value is $230,020, down 0.8% over the past year, and homes go to pending in around 21 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Indianapolis Key Takeaways
Typical Home Values: $230,020
1-Year Value Change: -0.8%
(Data through August 31, 2026)
Indianapolis Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Delaware Trail$327,391
- Crows Nest$506,832
- Broad Ripple$339,486
- Rocky Ripple$216,528
- Meridian Hills$756,079
- Meridian Kessler$428,823
- Canterbury$301,796
- Crooked Creek$236,696
- Butler-Tarkington$320,397
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Indianapolis Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Indianapolis, IN?
The median home value in Indianapolis, IN is $230,020 as of August 2026. This represents a 0.1% decrease compared to last month and a 0.8% decrease year-over-year.
How have home values changed in Indianapolis, IN?
Home values in Indianapolis, IN have decreased by 0.1% month-over-month and 0.8% year-over-year.
How do home values in Indianapolis, IN compare to Marion County, Indiana, and the national average?
The median home value in Indianapolis, IN ($230,020) compares to: Marion County ($230,366), Indiana ($260,095), and the U.S. national median ($368,697).
