ZIP-level data · June 2026

Indianapolis real estate prices by ZIP code

Across the Indianapolis, IN market, home prices range from $149,900 in ZIP 46218 (Indianapolis, In) to $649,975 in ZIP 46032 (Carmel, In) as of June 2026 — a 4.3-times spread across 39 tracked ZIP codes. The median ZIP lists near $289,725. Figures come from public records and industry data.

ZIPs covered39≥10 active listings each
Priciest ZIP$649,975ZIP 46032 · Carmel, In
Most affordable$149,900ZIP 46218 · Indianapolis, In

Which ZIP codes are most expensive in Indianapolis?

The most expensive ZIP code in Indianapolis is 46032 (Carmel, In) at a median $649,975, -2.3% year over year as of June 2026. It sits about 4.3 times higher than the market's most affordable ZIP. The three priciest ZIP codes are:

  • ZIP 46032 (Carmel, In) — $649,975 median, -2.3% year over year.
  • ZIP 46033 (Carmel, In) — $597,500 median, +3.0% year over year.
  • ZIP 46202 (Indianapolis, In) — $474,200 median, +3.4% year over year.

Which ZIP code is most affordable in Indianapolis?

The most affordable ZIP code in Indianapolis is 46218 (Indianapolis, In) at a median $149,900 as of June 2026, -4.8% year over year. Buyers trade up from $149,900 to $649,975 moving from this ZIP to the market's priciest, ZIP 46032.

Indianapolis home prices by ZIP code, ranked

All 39 Indianapolis-area ZIP codes with meaningful listing volume, ranked by median listing price as of June 2026. The table lists year-over-year price change, median days on market, active listings and price per square foot for each ZIP so you can compare neighborhoods directly.

Indianapolis, IN ZIP codes by median listing price, June 2026
#ZIPMedian priceYoYDOMActive$/sq ft
146032 · Carmel, In$649,975-2.3%49113$254
246033 · Carmel, In$597,500+3.0%2758$197
346202 · Indianapolis, In$474,200+3.4%80136$232
446278 · Indianapolis, In$468,750-23.8%4415$170
546259 · Indianapolis, In$417,000-1.3%4961$163
646280 · Indianapolis, In$392,448+22.6%3819$235
746143 · Greenwood, In$382,948-4.2%44215$163
846236 · Indianapolis, In$378,450-1.1%4166$165
946204 · Indianapolis, In$373,700-1.4%7553$280
1046220 · Indianapolis, In$369,925-2.6%3690$213
1146240 · Indianapolis, In$360,950-1.7%4442$204
1246250 · Indianapolis, In$344,900+11.7%3839$163
1346256 · Indianapolis, In$339,450-14.3%3657$165
1446142 · Greenwood, In$338,700-3.6%4164$170
1546239 · Indianapolis, In$333,750+1.9%48131$151
1646234 · Indianapolis, In$317,425-6.5%2556$158
1746205 · Indianapolis, In$309,925-2.2%45137$178
1846260 · Indianapolis, In$300,000-20.4%5151$167
1946228 · Indianapolis, In$291,250-16.2%4236$168
2046237 · Indianapolis, In$289,725+5.3%43129$153
2146217 · Indianapolis, In$271,225-2.1%4287$162
2246268 · Indianapolis, In$262,225-2.4%4040$148
2346225 · Indianapolis, In$259,175-3.6%6360$167
2446231 · Indianapolis, In$259,000-3.2%4217$147
2546227 · Indianapolis, In$249,950-1.2%47117$153
2646229 · Indianapolis, In$242,900-10.0%4266$133
2746254 · Indianapolis, In$239,450-3.2%3753$159
2846235 · Indianapolis, In$236,100-3.6%4279$131
2946203 · Indianapolis, In$235,250-10.2%51242$176
3046214 · Indianapolis, In$234,925-6.5%3640$152
3146224 · Indianapolis, In$229,000-8.8%4525$168
3246208 · Indianapolis, In$222,700+6.7%59113$147
3346221 · Indianapolis, In$220,000+7.3%4961$156
3446201 · Indianapolis, In$215,000-4.7%58192$146
3546219 · Indianapolis, In$185,700-12.1%4593$145
3646222 · Indianapolis, In$181,125+13.3%4887$155
3746226 · Indianapolis, In$173,950-11.7%43115$136
3846241 · Indianapolis, In$164,975-10.3%4946$164
3946218 · Indianapolis, In$149,900-4.8%57159$134

Which Indianapolis ZIP codes are moving fastest?

ZIP 46234 (Indianapolis, In) has the fastest-selling homes in Indianapolis, at a median 25 days on market as of June 2026. On price growth, ZIP 46280 (Indianapolis, In) leads at +22.6% year over year. Faster sales and higher year-over-year gains signal stronger local demand.

Indianapolis ZIP code real estate FAQ

What is the most expensive ZIP code in Indianapolis?
The most expensive ZIP code in Indianapolis, IN is 46032 (Carmel, In), with a median listing price of $649,975 as of June 2026 — -2.3% year over year. It is the priciest of the 39 Indianapolis-area ZIP codes with enough active listings to measure.
What is the most affordable ZIP code in Indianapolis?
The most affordable ZIP code in Indianapolis is 46218 (Indianapolis, In), at a median $149,900 as of June 2026. That is roughly 4.3 times lower than the market's priciest ZIP, 46032, at $649,975 — the gap that neighborhood choice makes in Indianapolis.
How much do home prices vary by ZIP code in Indianapolis?
Home prices in Indianapolis range from $149,900 to $649,975 across 39 tracked ZIP codes — a 4.3-times spread, June 2026. The median ZIP lists near $289,725. ZIP-level medians shift month to month because each rests on a small sample of listings.
Which Indianapolis ZIP code has the fastest-selling homes?
As of June 2026, ZIP 46234 (Indianapolis, In) has the fastest-selling homes in Indianapolis, at a median 25 days on market. A lower days-on-market figure usually points to stronger buyer demand relative to the supply of homes for sale in that ZIP code.
How many ZIP codes are in the Indianapolis real estate market?
This page tracks 39 ZIP codes in the Indianapolis, IN market — every ZIP matched to the metro by place name with at least 10 active listings as of June 2026. ZIP codes with fewer active listings are left out because small samples make their medians unreliable.
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Based on public records and industry data, June 2026 — see our methodology. ZIPs are matched to the Indianapolis market by place name and require at least 10 active listings; small samples make ZIP medians volatile month to month. Not investment advice. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.