Indianapolis, IN housing market
The typical Indianapolis home is worth about $230,000, down 0.8% in a year, 12% below the Indiana typical home. Homes typically sell in 19 days, below asking.
Home values, sales, trends and how Indianapolis compares with the towns next door — updated as new data is published.
Indianapolis at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Indianapolis | Indiana |
|---|---|---|
| 2017 | $114,000 | $135,000 |
| 2018 | $125,000 | $144,000 |
| 2019 | $139,000 | $154,000 |
| 2020 | $150,000 | $164,000 |
| 2021 | $170,000 | $183,000 |
| 2022 | $200,000 | $209,000 |
| 2023 | $220,000 | $227,000 |
| 2024 | $223,000 | $237,000 |
| 2025 | $231,000 | $249,000 |
| 2026 | $232,000 | $256,000 |
| August 2026 | $230,000 | $260,000 |
Indianapolis and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Indianapolis | $230K | −0.8% | 19 | $66,307 |
| Lawrence | — | — | 11 | $74,022 |
| Zionsville | $704K | +6.4% | 11 | $172,024 |
| Lawrence | $268K | +0.2% | — | $72,081 |
| McCordsville | $381K | +0.2% | 139 | $110,692 |
3.5 years of income
The typical Indianapolis home costs about 3.5 years of the town's median household income, about the same as across Indiana (3.6).
How Indianapolis ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Indianapolis
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.