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Updated May 2026 · Redfin · 3-month window

46202 Real Estate Market Update: Indianapolis, IN, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

The latest housing-market numbers for ZIP code 46202 in Indianapolis, Indiana, for May 2026: a $425K median sale price, straight from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

$425K
Median sale price · May 2026
$400K
A year earlier · 2025
41
Days on market
96.9%
Sale-to-list
ZIP 46202 · Indianapolis, IN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$425K▼ -3.3%▲ +6.3%
Days on market41▼ -39.7%▲ +32.3%
Homes for sale125▼ -6.7%▼ -12.0%
Sale-to-list96.9%▲ +0.3%▼ -0.9%
Homes sold80▲ +40.4%▼ -31.6%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 46202 numbers say

Prices in Indianapolis's 46202 ZIP are still climbing. The median sale price reached $425,300, up 6.3% year over year. Pace is steady: a typical listing goes under contract in about 41 days, with sellers getting 96.9% of list price.

Based on 80 recent sales, 46202 is currently an active market.

What this means if you sell in 46202

Use these figures to set expectations early with each client. Lead a listing appointment with the $425K median price and the 41-day pace, show the year-over-year direction, and frame 46202 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 46202 market

We built LOKAL to pull 46202's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $425K median sale price, +6.3% year over year, a 96.9% sale-to-list ratio and a -3.3% month-over-month move across 80 recorded sales. That compares with roughly $400K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 46202 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 46202 housing market

What is the median home price in ZIP 46202 (Indianapolis, IN)?
As of May 2026, the median sale price in ZIP 46202 is $425,300 (+6.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 46202 a buyer's or seller's market right now?
ZIP 46202 is currently an active market, based on a 96.9% sale-to-list ratio, about 41 days on market for May 2026.
How long do homes take to sell in ZIP 46202?
A typical listing in 46202 goes under contract in about 41 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46202 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

Zoom out: the Indianapolis market

Indianapolis, IN full market update →All Indiana markets →All Indiana ZIP codes →

Nearby Indiana ZIP codes

46074 · Westfield46307 · Crown Point46143 · Greenwood47130 · Jeffersonville46062 · Noblesville46123 · Avon46060 · Noblesville46037 · Fishers46032 · Carmel46112 · BrownsburgAll Indiana ZIP codes →

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<a href="https://getlokal.io/in/zip/46202/" rel="dofollow">46202 Indianapolis real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.