ZIP Code Market Report
46250 — Indianapolis, IN
Data through February 2026 · Updated monthly
Avg Home Value
$320,794
▲ 0.1% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$354,033
Condo / Co-op
$203,183
The average home value in the 46250 ZIP code (Indianapolis, INDIANA) is $320,794 as of February 2026. Home prices are stable, up 0.1% compared to last year.
A 3-bedroom home in 46250 is valued at $312,218. Single-family homes average $354,033, while condos average $203,183.
The market in 46250 has a $255,733 spread between bottom-tier homes at $227,825 and top-tier homes at $483,557. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 46250 ZIP code will increase 0.2% over the next 12 months, bringing the projected average to approximately $321,435. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Brown County market area in INDIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Brown County report.
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Market Snapshot
46250 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $325,195 | $323,084 | $320,794 | ▼ 1.4% |
| Single Family Value | $352,760 | $353,500 | $354,033 | ▲ 0.4% |
Home Values
46250 Home Value Trend
Historical home values for ZIP code 46250. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 46250
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $211,028 |
| 3 Bedrooms | $312,218 |
| 4 Bedrooms | $420,087 |
Property Types
Home Values by Property Type in 46250
How different property types compare in this ZIP code.
All Homes
$320,794
Single Family
$354,033
Condo / Co-op
$203,183
Bottom Tier
$227,825
Top Tier
$483,557
Forecast
12-Month Home Value Forecast for 46250
Zillow projects home values in 46250 will increase 0.2% over the next year, reaching approximately $321,435.
Current Value
$320,794
Projected Change
+0.2%
▲ 0.2%
Projected Value
$321,435
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 46250 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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