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Updated May 2026 · Redfin · 3-month window

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

The latest housing-market numbers for ZIP code 46229 in Indianapolis, Indiana, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 46229 · Indianapolis, IN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$214K▼ -0.5%▼ -2.8%
Days on market20▼ -47.4%▼ -38.5%
Homes for sale57▼ -6.6%▼ -19.7%
Sale-to-list98.7%▲ +1.5%▲ +1.2%
Homes sold96▼ -1.0%▼ -3.0%

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 46229 numbers say

The 46229 ZIP in Indianapolis is cooling. The median sale price sits at $213,750, 2.8% below last year. Homes here move fast: a typical listing goes under contract in about 20 days, and sellers are getting 98.7% of list price.

Based on 96 recent sales, 46229 is currently an active market.

What this means if you sell in 46229

Use these figures to set expectations early. Lead a listing appointment with the median price and the 20-day pace, show the year-over-year direction, and frame 46229 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 46229 housing market

What is the median home price in ZIP 46229 (Indianapolis, IN)?
As of May 2026, the median sale price in ZIP 46229 is $213,750 (-2.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window 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 a 98.7% sale-to-list ratio, about 20 days on market for May 2026.
How long do homes take to sell in ZIP 46229?
A typical listing in 46229 goes under contract in about 20 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46229 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.