Updated May 2026 · Redfin · 3-month window
46204 Real Estate Market Update: Indianapolis, IN, May 2026
The latest housing-market numbers for ZIP code 46204 in Indianapolis, Indiana, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $343K | • 0.0% | ▼ -4.9% |
| Days on market | 98 | ▲ +1.6% | ▲ +263.0% |
| Homes for sale | 52 | ▼ -5.5% | ▲ +30.0% |
| Sale-to-list | 97.3% | ▲ +0.3% | ▲ +1.0% |
| Homes sold | 20 | ▲ +11.1% | ▼ -20.0% |
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 46204 numbers say
The 46204 ZIP in Indianapolis is cooling. The median sale price sits at $342,500, 4.9% below last year. The market has loosened: a typical listing now takes around 98 days to go under contract, with sellers getting 97.3% of list price.
Based on 20 recent sales, 46204 is currently an active market.
What this means if you sell in 46204
Use these figures to set expectations early. Lead a listing appointment with the median price and the 98-day pace, show the year-over-year direction, and frame 46204 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Indianapolis post →Frequently asked: the 46204 housing market
- What is the median home price in ZIP 46204 (Indianapolis, IN)?
- As of May 2026, the median sale price in ZIP 46204 is $342,500 (-4.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 46204 a buyer's or seller's market right now?
- ZIP 46204 is currently an active market, based on a 97.3% sale-to-list ratio, about 98 days on market for May 2026.
- How long do homes take to sell in ZIP 46204?
- A typical listing in 46204 goes under contract in about 98 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 46204 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.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.