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Updated July 2026Zillowmonthly

46229 Real Estate Market Update: Indianapolis, IN, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 46229 in Indianapolis, Indiana, for July 2026: a $211K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$211K
Median sale price, July 2026
$217K
A year earlier, in 2025
30
Days to pending
ZIP 46229, Indianapolis, IN, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$211K▲ +0.3%▼ -2.8%
Days to pending30▼ -14.3%n/a
Homes for sale103▲ +8.4%▲ +13.2%
New listings42▲ +5.0%▲ +13.5%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 46229 numbers say

The 46229 ZIP in Indianapolis is cooling. The median sale price sits at $211,394, 2.8% below last year. Homes here move fast: a typical listing goes under contract in about 30 days, and sellers are getting close to list price.

With 103 homes for sale and 42 new listings this month, 46229 is currently an active market.

What this means if you sell in 46229

Use these figures to set expectations early with each client. Lead a listing appointment with the $211K median price and the 30-day pace, show the year-over-year direction, and frame 46229 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 46229 market

We built LOKAL to pull 46229's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $211K median sale price, -2.8% year over year and a +0.3% month-over-month move with 103 homes for sale. That compares with roughly $217K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 46229 (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 46229 housing market

What is the median home price in ZIP 46229 (Indianapolis, IN)?
As of July 2026, the median sale price in ZIP 46229 is $211,394 (-2.8% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 46229 a buyer's or seller's market right now?
ZIP 46229 is currently an active market, based on about 30 days on market for July 2026.
How long do homes take to sell in ZIP 46229?
A typical listing in 46229 goes under contract in about 30 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46229 market data come from?
All figures for 46229 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

Zoom out: the Indianapolis market

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

Nearby Indiana ZIP codes

47401 Bloomington46307 Crown Point46203 Indianapolis46143 Greenwood46201 Indianapolis46074 Westfield47130 Jeffersonville47906 West Lafayette46218 Indianapolis46237 IndianapolisAll Indiana ZIP codes →

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.