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Updated May 2026 · Redfin · 3-month window

46228 Real Estate Market Update: Indianapolis, IN, May 2026

The latest housing-market numbers for ZIP code 46228 in Indianapolis, Indiana, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 46228 · Indianapolis, IN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$286K▲ +1.3%▼ -1.9%
Days on market13▼ -51.9%• 0.0%
Homes for sale33▼ -2.9%▲ +32.0%
Sale-to-list98.3%▲ +0.5%▼ -0.1%
Homes sold58▲ +20.8%▼ -12.1%

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 46228 numbers say

The 46228 ZIP in Indianapolis is cooling. The median sale price sits at $286,250, 1.9% below last year. Homes here move fast: a typical listing goes under contract in about 13 days, and sellers are getting 98.3% of list price.

Based on 58 recent sales, 46228 is currently an active market.

What this means if you sell in 46228

Use these figures to set expectations early. Lead a listing appointment with the median price and the 13-day pace, show the year-over-year direction, and frame 46228 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 46228 housing market

What is the median home price in ZIP 46228 (Indianapolis, IN)?
As of May 2026, the median sale price in ZIP 46228 is $286,250 (-1.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 46228 a buyer's or seller's market right now?
ZIP 46228 is currently an active market, based on a 98.3% sale-to-list ratio, about 13 days on market for May 2026.
How long do homes take to sell in ZIP 46228?
A typical listing in 46228 goes under contract in about 13 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46228 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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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.