ZIP 46227 · Indianapolis, IN
46227 Indianapolis, IN Housing Market
Monthly housing intelligence for ZIP 46227, Indianapolis, IN. Latest data: May 2026.
Median listing price
$254,950
MoM +6.6% · YoY +8.5%
Active listings
112
YoY +55.6%
Median days on market
40
YoY +11.1%
New listings
72
YoY +20.0%
Pending listings
68
Pending ratio 0.61
Price reduced share
24.4%
YoY +5.3%
Median $ / sqft
$154
YoY +5.9%
Median sqft
1,576
Average listing price
$253,740
YoY +3.8%
Total listings
176
Nearby ZIPs
46203
Indianapolis, IN
$237,000
218 active · 45 DOM
46201
Indianapolis, IN
$219,900
187 active · 53 DOM
46202
Indianapolis, IN
$442,450
136 active · 73 DOM
46218
Indianapolis, IN
$149,900
136 active · 58 DOM
46205
Indianapolis, IN
$325,000
126 active · 44 DOM
46239
Indianapolis, IN
$326,970
125 active · 43 DOM
46237
Indianapolis, IN
$294,000
124 active · 36 DOM
46208
Indianapolis, IN
$225,000
103 active · 53 DOM
46226
Indianapolis, IN
$174,900
103 active · 36 DOM
46219
Indianapolis, IN
$192,450
92 active · 45 DOM
46220
Indianapolis, IN
$347,450
83 active · 37 DOM
46217
Indianapolis, IN
$269,900
79 active · 39 DOM
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| May 2026 | $254,950 | 112 | 40 | 0.61 |
| April 2026 | $239,200 | 96 | 50 | 0.64 |