46231 Housing Market

$260,965

1.5% 1-yr

The average 46231 home value is $260,965, up 1.5% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

46231 Key Takeaways

Typical Home Values: $260,965

1-year Value Change: +1.5%

(Data through June 30, 2025)

46231 Housing Market Overview

0.3%1-year Market Forecast(June 30, 2025)

22For sale inventory(June 30, 2025)

11New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

$256,483Median list price(June 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
46241$155,408
46168$329,412
46221$212,688
46183--
46123$352,986
46214$235,739
46113$281,426
46224$206,309
46234$281,785

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46231 Rental Market Trends

$2,146Average rent in 46231(June 30, 2025)

$2,069National average rent(June 30, 2025)

3.4%Month-over-month change(June 30, 2025)

19.6%Year-over-year change(June 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.