Home Values

Indianapolis Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$130,400

  • -0.3% 1-year change
  • 3.8% 1-year forecast

The median home value in Indianapolis Metro is $130,400. Indianapolis Metro home values have declined -0.3% over the past year and Zillow predicts they will rise 3.8% within the next year. The median rent price in Indianapolis Metro is $1,025, which is higher than the Indiana median of $900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Indianapolis Metro is 5.3%, which is lower than the national value of 6.3%.

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Relative ZHVI
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Indianapolis Metro Market Overview

Data through Apr 30, 2015
  • $130,400 ZHVI
  • 3.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Indianapolis Metro Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • 131 Average days on Zillow (Mar 31, 2015)
  • No data Homes with negative equity (16.9% US Avg)
  • 5.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Indianapolis Metro

Name Median ZHVI
Carmel $281,100
Fishers $197,800
Noblesville $176,900
Name Median ZHVI
Avon $155,800
Greenwood $153,300
Brownsburg $149,900
Name Median ZHVI
Plainfield $146,300
Lawrence $134,100
Franklin $119,300

Listings & Sales

  • No data
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Indianapolis Metro Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,199 Indianapolis Metro
    $1,056 Indiana
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,025 Rent list price
  • $0.76 Rent list price / sq ft
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