What are the most expensive neighborhoods in Indianapolis, IN?

The neighborhoods with the highest median home values in Indianapolis, IN include: Williams Creek ($1,567,375), Meridian Hills ($767,239), Geist ($536,285), Crows Nest ($520,880), Keystone at the Crossing ($488,479).

What are the most affordable neighborhoods in Indianapolis, IN?

The neighborhoods with the lowest median home values in Indianapolis, IN include: Near Westside ($109,057), Martindale-Brightwood ($112,185), Meadows ($112,843), Near NW-Riverside ($117,269), West Indianapolis ($117,533).

Which Indianapolis, IN neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Indianapolis, IN include: Crows Nest (7.4%), Williams Creek (5.7%), Ameriplex (4.8%), North Central (3.6%), Trader's Point (3.6%).

South Perry, IN Housing Market

$249,316

0.5% 1-yr

The average South Perry, IN home value is $249,316, down 0.5% over the past year, and homes go to pending in around 33 days. (Updated on 6/30/2026)

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.

Learn more about the Zillow Home Value Index

South Perry Key Takeaways

Typical Home Values: $249,316

1-Year Value Change: -0.5%

(Data through June 30, 2026)

South Perry Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 78 (June 30, 2026)

New Listings: 29 (June 30, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $246,650 (June 30, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 33 (June 30, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Homecroft$246,606
Edgewood$236,293
Linden Wood$262,884
Hill Valley$272,799
South Emerson$244,145
South Franklin$323,491
Southdale$249,694
Glenn's Valley$272,177
University Heights$162,771

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South Perry Homes for Sale

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South Perry Rental Market Trends

Average Rent: --

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.