Updated May 2026 · Redfin · 3-month window
46221 Real Estate Market Update: Indianapolis, IN, May 2026
The latest housing-market numbers for ZIP code 46221 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 | $230K | ▲ +0.2% | ▼ -0.2% |
| Days on market | 43 | ▼ -23.2% | ▲ +152.9% |
| Homes for sale | 68 | ▼ -6.8% | ▼ -8.1% |
| Sale-to-list | 97.9% | ▲ +0.5% | ▼ -0.4% |
| Homes sold | 86 | ▲ +11.7% | ▼ -26.5% |
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 46221 numbers say
The 46221 ZIP in Indianapolis is leveling off. The median sale price is $229,500, roughly flat year over year. Pace is steady: a typical listing goes under contract in about 43 days, with sellers getting 97.9% of list price.
Based on 86 recent sales, 46221 is currently an active market.
What this means if you sell in 46221
Use these figures to set expectations early. Lead a listing appointment with the median price and the 43-day pace, show the year-over-year direction, and frame 46221 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 46221 housing market
- What is the median home price in ZIP 46221 (Indianapolis, IN)?
- As of May 2026, the median sale price in ZIP 46221 is $229,500 (-0.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 46221 a buyer's or seller's market right now?
- ZIP 46221 is currently an active market, based on a 97.9% sale-to-list ratio, about 43 days on market for May 2026.
- How long do homes take to sell in ZIP 46221?
- A typical listing in 46221 goes under contract in about 43 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 46221 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.