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Median sale price
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ZIP 46231 in Indianapolis, IN: housing market trends

The median home sale price in ZIP 46231 in Indianapolis, IN was $249,927 for the three-month period ending September 2026. Sale prices were 1.0% 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
$249,927
three-month period ending September 2026
Median sale price per sq ft
$146.79
three-month period ending September 2026
Active listings
62
three-month period ending September 2026
Typical monthly rent
$2,080
Rent index · August 2026

How is housing inventory changing?

There were 62 active listings for the three-month period ending September 2026. Active listings were 5.1% 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 24 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 46231 in Indianapolis, IN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$249,927$146.7923
Single-familySeptember 2026$249,937$146.7923
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
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 46231 in Indianapolis, IN
MarketMedian sale priceReporting period / source
Plainfield, IN$319,8483 months ending September 2026 · Redfin
Avon, IN$360,000Month ending July 2026 · Zillow
Indianapolis, IN$258,593Month ending July 2026 · Zillow
Speedway, IN$264,3743 months ending September 2026 · Redfin
Brownsburg, IN$330,000Month ending July 2026 · Zillow
Mooresville, IN$256,3783 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 46231 in Indianapolis, IN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$249,927$146.7962
August 2026$255,750$143.7254
July 2026$255,750$147.9249
June 2026$250,000$156.9254
May 2026$248,000$154.1158
April 2026$245,500$159.7159
March 2026$248,000$160.5953
February 2026$245,000$160.5946
January 2026$247,500$141.7843
December 2025$246,250$139.3650
November 2025$250,000$155.2455
October 2025$250,000$157.8260
September 2025$252,500$144.2359
August 2025$246,450$149.2659
July 2025$246,450$150.9850
June 2025$249,950$158.0544
May 2025$282,450$135.4641
April 2025$271,000$135.8132
March 2025$257,000$142.6932
February 2025$240,000$143.9233
January 2025$240,000$154.6142
December 2024$240,000$159.7946
November 2024$248,950$159.3946
October 2024$250,000$147.8059

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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