The typical home in Indianapolis is listed at $231,000, +0.1% on a year earlier. Projected forward, a typical home would be worth about $231,000 in 2027 and $302,000 in 2031.
The first 2 years follow this year's change in list prices (+0.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.2% a year).
Indianapolis home values by year
| Year | Typical home value | Annual change used |
|---|---|---|
| 2026 (now) | $231,000 | — |
| 2027 (projected) | $231,000 | +0.1% (this year's listings) |
| 2028 (projected) | $232,000 | +0.1% (this year's listings) |
| 2031 (projected) | $302,000 | +9.2% (FHFA 2020–2025) |
Homes for sale in these ZIP codes have been on the market a median of 51 days.
By ZIP code
| ZIP | Median list price | A year ago | Sale listings | FHFA trend 2020–2025 |
|---|---|---|---|---|
| 46227 | $244,900 | $229,900 | 258 | +8.3%/yr |
| 46226 | $169,900 | $184,000 | 243 | +11.1%/yr |
| 46237 | $274,900 | $279,900 | 293 | +8.5%/yr |
| 46254 | $229,999 | $230,000 | 143 | +10.6%/yr |
| 46224 | $240,000 | $224,500 | 86 | +9.8%/yr |
| 46217 | $262,500 | $267,000 | 206 | +8.3%/yr |
| 46219 | $198,900 | $195,000 | 257 | +7.9%/yr |
Read this with care
List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.
Source: RentCast market data for 7 of Indianapolis's 32 ZIP codes (the most populous, home to 34% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
What will homes in Indianapolis, IN be worth in 2027?
A typical $231,000 home would be worth about $231,000 in 2027. The first 2 years follow this year's change in list prices (+0.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.2% a year).
What is the typical home price in Indianapolis, IN?
The typical list price is $231,000, across 1,486 active sale listings in 7 ZIP codes.
Are home prices in Indianapolis going up or down?
Over the past year, list prices in these ZIP codes moved +0.1%. The longer FHFA trend from 2020 to 2025 is +9.2% a year.