Zip Code: 46203 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 46203 Zip Code (Indianapolis, Indiana) in February 2026 was $164,128.895. The month over month percentage change (MoM) was 0.64%, and the year over year percentage change (YoY) was -1.10%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46203 zip code (Indianapolis, Indiana). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 46203 zip code (Indianapolis, Indiana).

You can see similar information for other Indiana zip codes, and for Indiana.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 46203 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 46203 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 52732.460856389625 1.32 26.37
Feb 2015 53213.49857175478 0.91 27.17
Mar 2015 53531.495239366544 0.60 26.55
Apr 2015 53929.77775125605 0.74 23.65
May 2015 54492.075909735606 1.04 21.10
Jun 2015 54823.16187586778 0.61 18.41
Jul 2015 55214.002545441566 0.71 16.31
Aug 2015 55577.46201567855 0.66 14.31
Sep 2015 56126.17723925106 0.99 12.93
Oct 2015 56517.510701580824 0.70 11.94
Nov 2015 56670.37195829269 0.27 10.66
Dec 2015 57155.02958751292 0.86 9.82
Jan 2016 57542.64916660175 0.68 9.12
Feb 2016 58181.12333985407 1.11 9.34
Mar 2016 58330.5122911731 0.26 8.97
Apr 2016 58575.95786936694 0.42 8.62
May 2016 58921.146051212876 0.59 8.13
Jun 2016 59725.18026790229 1.37 8.94
Jul 2016 60577.32627731843 1.43 9.71
Aug 2016 61644.87603222445 1.76 10.92
Sep 2016 62810.89942958788 1.89 11.91
Oct 2016 63981.92878932823 1.86 13.21
Nov 2016 64906.79847673626 1.45 14.53
Dec 2016 65756.27992414062 1.31 15.05
Jan 2017 66438.70196982668 1.04 15.46
Feb 2017 67131.21299298063 1.04 15.38
Mar 2017 67564.45301890875 0.65 15.83
Apr 2017 68315.23057656817 1.11 16.63
May 2017 69159.91069888962 1.24 17.38
Jun 2017 70221.50678272369 1.54 17.57
Jul 2017 71383.95322769397 1.66 17.84
Aug 2017 72561.44500242721 1.65 17.71
Sep 2017 73945.91704974201 1.91 17.73
Oct 2017 75486.20844584767 2.08 17.98
Nov 2017 77117.54072122801 2.16 18.81
Dec 2017 78459.26655757467 1.74 19.32
Jan 2018 79207.92541692361 0.95 19.22
Feb 2018 79833.85241769745 0.79 18.92
Mar 2018 80976.50215124922 1.43 19.85
Apr 2018 82512.28467016378 1.90 20.78
May 2018 84132.77340819381 1.96 21.65
Jun 2018 85445.63116537927 1.56 21.68
Jul 2018 86881.84167378157 1.68 21.71
Aug 2018 88356.09858034873 1.70 21.77
Sep 2018 89900.01143378737 1.75 21.58
Oct 2018 91348.04538748362 1.61 21.01
Nov 2018 92894.95042794985 1.69 20.46
Dec 2018 94354.93514573346 1.57 20.26
Jan 2019 95548.5582475509 1.26 20.63
Feb 2019 96184.87635745376 0.67 20.48
Mar 2019 96996.94247364141 0.84 19.78
Apr 2019 97851.733264708 0.88 18.59
May 2019 99273.1511798991 1.45 18.00
Jun 2019 100200.50171805649 0.93 17.27
Jul 2019 100951.62583944025 0.75 16.19
Aug 2019 101365.80051664024 0.41 14.72
Sep 2019 101939.58068761138 0.57 13.39
Oct 2019 102974.73776532675 1.01 12.73
Nov 2019 104403.68069619605 1.39 12.39
Dec 2019 106051.72308970247 1.58 12.40
Jan 2020 108091.3354963949 1.92 13.13
Feb 2020 110161.97203343354 1.92 14.53
Mar 2020 112442.83013538434 2.07 15.92
Apr 2020 114333.7282835724 1.68 16.84
May 2020 115718.67016527163 1.21 16.57
Jun 2020 116210.52088314563 0.43 15.98
Jul 2020 116175.96275002822 -0.03 15.08
Aug 2020 116432.27219586336 0.22 14.86
Sep 2020 117658.53846776602 1.05 15.42
Oct 2020 119919.28806318092 1.92 16.45
Nov 2020 122762.11098509359 2.37 17.58
Dec 2020 125552.9419168984 2.27 18.39
Jan 2021 128253.56047179998 2.15 18.65
Feb 2021 131595.48716278278 2.61 19.46
Mar 2021 135372.80317962958 2.87 20.39
Apr 2021 138703.71870951474 2.46 21.32
May 2021 140806.2454184125 1.52 21.68
Jun 2021 142030.2275817188 0.87 22.22
Jul 2021 142403.62908769 0.26 22.58
Aug 2021 142250.30497532556 -0.11 22.17
Sep 2021 141692.04434344277 -0.39 20.43
Oct 2021 142033.3787407482 0.24 18.44
Nov 2021 143097.7210679358 0.75 16.57
Dec 2021 144702.5343154058 1.12 15.25
Jan 2022 147560.54926404872 1.98 15.05
Feb 2022 151697.69215595737 2.80 15.28
Mar 2022 156353.44713564464 3.07 15.50
Apr 2022 159875.3468183479 2.25 15.26
May 2022 161846.2227452224 1.23 14.94
Jun 2022 163079.38252415927 0.76 14.82
Jul 2022 162833.46405747565 -0.15 14.35
Aug 2022 162105.64301627505 -0.45 13.96
Sep 2022 161049.675477833 -0.65 13.66
Oct 2022 160898.53054477242 -0.09 13.28
Nov 2022 161002.39924311757 0.07 12.51
Dec 2022 161481.16509764642 0.30 11.60
Jan 2023 162547.35858595083 0.66 10.16
Feb 2023 164216.50299348374 1.03 8.25
Mar 2023 166016.63834580217 1.10 6.18
Apr 2023 167522.807616802 0.91 4.78
May 2023 168035.25410031338 0.31 3.82
Jun 2023 167328.03296096626 -0.42 2.61
Jul 2023 165290.92109228487 -1.22 1.51
Aug 2023 163045.61989154728 -1.36 0.58
Sep 2023 161135.8437512738 -1.17 0.05
Oct 2023 159992.89144698734 -0.71 -0.56
Nov 2023 159338.3615387696 -0.41 -1.03
Dec 2023 159019.321257188 -0.20 -1.52
Jan 2024 159750.09944409272 0.46 -1.72
Feb 2024 161109.38774479856 0.85 -1.89
Mar 2024 162840.37616787376 1.07 -1.91
Apr 2024 163980.34507387294 0.70 -2.12
May 2024 164305.64937796144 0.20 -2.22
Jun 2024 164203.219640744 -0.06 -1.87
Jul 2024 163742.57185219167 -0.28 -0.94
Aug 2024 163194.69568334034 -0.33 0.09
Sep 2024 162648.78307929364 -0.33 0.94
Oct 2024 162433.16154879882 -0.13 1.53
Nov 2024 163012.5407264644 0.36 2.31
Dec 2024 164035.11135321358 0.63 3.15
Jan 2025 165206.35220338317 0.71 3.42
Feb 2025 165947.90619188853 0.45 3.00
Mar 2025 166342.65155165605 0.24 2.15
Apr 2025 166065.16233151042 -0.17 1.27
May 2025 165572.91484335696 -0.30 0.77
Jun 2025 164987.60093149138 -0.35 0.48
Jul 2025 164467.57091465415 -0.31 0.44
Aug 2025 163528.94311136915 -0.57 0.21
Sep 2025 162522.59854448607 -0.61 -0.08
Oct 2025 161654.85885862052 -0.53 -0.48
Nov 2025 161682.34130878097 0.02 -0.82
Dec 2025 162161.98401623292 0.30 -1.14
Jan 2026 163080.05958700602 0.57 -1.29
Feb 2026 164128.89471012692 0.64 -1.10