46231 Housing Market

$258,962

1.4% 1-yr

The average 46231 home value is $258,962, up 1.4% 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: $258,962

1-year Value Change: +1.4%

(Data through July 31, 2025)

46231 Housing Market Overview

0.9%1-year Market Forecast(July 31, 2025)

24For sale inventory(July 31, 2025)

13New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$267,958Median list price(July 31, 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$157,578
46168$330,311
46221$213,758
46183--
46123$351,151
46214$235,415
46113$281,113
46224$206,840
46234$280,878

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46231 Rental Market Trends

$2,200Average rent in 46231(July 31, 2025)

$2,072National average rent(July 31, 2025)

1.3%Month-over-month change(July 31, 2025)

23.0%Year-over-year change(July 31, 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.