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Median sale price
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ZIP 46228 in Indianapolis, IN: housing market trends

The median home sale price in ZIP 46228 in Indianapolis, IN was $277,418 for the three-month period ending September 2026. Sale prices were 7.4% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$277,418
three-month period ending September 2026
Median sale price per sq ft
$149.52
three-month period ending September 2026
Active listings
95
three-month period ending September 2026
Typical monthly rent
$1,594
Rent index · August 2026

How is housing inventory changing?

There were 95 active listings for the three-month period ending September 2026. Active listings were 3.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 15 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 46228 in Indianapolis, IN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$277,418$149.5249
Single-familySeptember 2026$279,929$150.4048
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$164,995$121.321 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 46228 in Indianapolis, IN
MarketMedian sale priceReporting period / source
Speedway, IN$264,3743 months ending September 2026 · Redfin
Carmel, IN$555,475Month ending July 2026 · Zillow
Brownsburg, IN$330,000Month ending July 2026 · Zillow
Beech Grove, IN$192,9083 months ending September 2026 · Redfin
Lawrence, IN$278,6173 months ending September 2026 · Redfin
Zionsville, IN$786,6253 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 46228 in Indianapolis, IN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$277,418$149.5295
August 2026$275,000$150.4998
July 2026$278,000$147.79102
June 2026$285,000$146.90101
May 2026$286,250$146.23100
April 2026$282,500$145.6294
March 2026$279,450$139.7188
February 2026$302,500$140.2675
January 2026$290,000$129.8573
December 2025$285,000$126.6382
November 2025$292,000$118.9989
October 2025$298,350$120.9086
September 2025$299,500$131.1092
August 2025$291,250$153.0790
July 2025$281,579$157.4483
June 2025$287,500$155.6583
May 2025$291,750$143.1593
April 2025$293,250$125.7486
March 2025$265,000$124.5974
February 2025$271,250$125.2970
January 2025$255,000$131.5870
December 2024$275,000$138.8374
November 2024$267,000$140.3796
October 2024$277,500$142.6197

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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