Zip Code: 46221 (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 46221 Zip Code (Indianapolis, Indiana) in February 2026 was $207,879.076. The month over month percentage change (MoM) was 0.35%, and the year over year percentage change (YoY) was 1.72%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46221 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 46221 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.

Related Topics: Zip Code: 46221 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46221 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46221 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted

1 – 10 of 134

Month	ZHVI ($)	MoM Perc. Change (%)	YoY Perc. Change (%)
Jan 2015	79269.2019783241	0.49	14.83
Feb 2015	79584.25920684909	0.40	14.55
Mar 2015	79905.86786999698	0.40	13.75
Apr 2015	80494.60032263548	0.74	12.78
May 2015	81215.35931675455	0.90	11.55
Jun 2015	81787.73650139458	0.71	10.08
Jul 2015	82009.81678807052	0.27	8.34
Aug 2015	82255.80405115907	0.30	7.18
Sep 2015	82627.51729373727	0.45	6.56
Oct 2015	83189.01027421553	0.68	6.59
Nov 2015	83611.45986800431	0.51	6.58
Dec 2015	84211.43474514609	0.72	6.76
Jan 2016	84728.05077503684	0.61	6.89
Feb 2016	85424.65789768212	0.82	7.34
Mar 2016	85797.48086312517	0.44	7.37
Apr 2016	86239.42558904747	0.52	7.14
May 2016	86634.8624975183	0.46	6.67
Jun 2016	87309.93786234228	0.78	6.75
Jul 2016	87985.91882466867	0.77	7.29
Aug 2016	88631.90839090077	0.73	7.75
Sep 2016	89342.57383924059	0.80	8.13
Oct 2016	90047.13417721559	0.79	8.24
Nov 2016	90778.16777908597	0.81	8.57
Dec 2016	91452.81613499262	0.74	8.60
Jan 2017	92097.5544799937	0.71	8.70
Feb 2017	92832.13600692294	0.80	8.67
Mar 2017	93609.74314382055	0.84	9.11
Apr 2017	94378.67060903867	0.82	9.44
May 2017	95027.25572410466	0.69	9.69
Jun 2017	95538.97343773989	0.54	9.43
Jul 2017	96164.26022500392	0.65	9.30
Aug 2017	96897.69743789348	0.76	9.33
Sep 2017	97743.29487622566	0.87	9.40
Oct 2017	98685.42427438137	0.96	9.59
Nov 2017	99700.0780459491	1.03	9.83
Dec 2017	100605.4360078529	0.91	10.01
Jan 2018	101319.36301209846	0.71	10.01
Feb 2018	101927.12446619099	0.60	9.80
Mar 2018	102920.13838879426	0.97	9.95
Apr 2018	104157.47161899104	1.20	10.36
May 2018	105577.20177158546	1.36	11.10
Jun 2018	106840.13407032499	1.20	11.83
Jul 2018	108024.5867631751	1.11	12.33
Aug 2018	109092.3841651941	0.99	12.59
Sep 2018	110166.75168289489	0.99	12.71
Oct 2018	111211.07939141062	0.95	12.69
Nov 2018	112317.60822872684	1.00	12.66
Dec 2018	113149.22461008903	0.74	12.47
Jan 2019	113973.58497578917	0.73	12.49
Feb 2019	114815.37365594861	0.74	12.65
Mar 2019	115936.3365476547	0.98	12.65
Apr 2019	116890.4728025369	0.82	12.23
May 2019	117716.51798336596	0.71	11.50
Jun 2019	118260.50850907301	0.46	10.69
Jul 2019	118714.378443469	0.38	9.90
Aug 2019	119091.28825198078	0.32	9.17
Sep 2019	119548.43670482138	0.38	8.52
Oct 2019	120371.046705089	0.69	8.24
Nov 2019	121505.23957220814	0.94	8.18
Dec 2019	122805.31093535076	1.07	8.53
Jan 2020	124125.41287698841	1.08	8.91
Feb 2020	125492.77124530803	1.10	9.30
Mar 2020	126959.81735863817	1.17	9.51
Apr 2020	128296.62335310971	1.05	9.76
May 2020	129130.96095415829	0.65	9.70
Jun 2020	129641.25682646583	0.40	9.62
Jul 2020	130188.85489125927	0.42	9.67
Aug 2020	131117.32710140536	0.71	10.10
Sep 2020	132570.31054392166	1.11	10.89
Oct 2020	134396.91704159844	1.38	11.65
Nov 2020	136788.3699732703	1.78	12.58
Dec 2020	139240.45101343063	1.79	13.38
Jan 2021	141822.5241539744	1.85	14.26
Feb 2021	144534.73301529797	1.91	15.17
Mar 2021	147644.06295660124	2.15	16.29
Apr 2021	150595.13317350237	2.00	17.38
May 2021	153014.3026819044	1.61	18.50
Jun 2021	155058.7671992445	1.34	19.61
Jul 2021	156587.27801069897	0.99	20.28
Aug 2021	157587.91610886194	0.64	20.19
Sep 2021	157946.88035616593	0.23	19.14
Oct 2021	158707.08408522114	0.48	18.09
Nov 2021	160123.89963091686	0.89	17.06
Dec 2021	161945.21616207637	1.14	16.31
Jan 2022	164928.3410696775	1.84	16.29
Feb 2022	169174.281256095	2.57	17.05
Mar 2022	173851.8621340462	2.77	17.75
Apr 2022	177810.6920758181	2.28	18.07
May 2022	180524.51580511886	1.53	17.98
Jun 2022	182990.6807696829	1.37	18.01
Jul 2022	184445.67818465154	0.80	17.79
Aug 2022	185181.8894312516	0.40	17.51
Sep 2022	185239.00341695952	0.03	17.28
Oct 2022	185397.265845087	0.09	16.82
Nov 2022	185763.61973479064	0.20	16.01
Dec 2022	186144.12040613437	0.21	14.94
Jan 2023	186327.53689093146	0.10	12.98
Feb 2023	186690.89863249636	0.20	10.35
Mar 2023	187281.54525725738	0.32	7.73
Apr 2023	188254.21142594644	0.52	5.87
May 2023	189169.2904328381	0.49	4.79
Jun 2023	189855.39596086214	0.36	3.75
Jul 2023	190299.5938225791	0.23	3.17
Aug 2023	190709.38877277018	0.22	2.99
Sep 2023	191116.04718669874	0.21	3.17
Oct 2023	191276.23826598248	0.08	3.17
Nov 2023	191148.77322979982	-0.07	2.90
Dec 2023	190938.46846448173	-0.11	2.58
Jan 2024	191528.77889804507	0.31	2.79
Feb 2024	192703.6616537389	0.61	3.22
Mar 2024	194404.83328890568	0.88	3.80
Apr 2024	196150.6466711054	0.90	4.20
May 2024	197689.95905439425	0.79	4.50
Jun 2024	198766.15085129777	0.54	4.69
Jul 2024	199370.05672872174	0.30	4.77
Aug 2024	199461.73112901297	0.05	4.59
Sep 2024	199553.82507650903	0.05	4.42
Oct 2024	199617.84905257224	0.03	4.36
Nov 2024	200297.0562276139	0.34	4.79
Dec 2024	201747.70856144466	0.72	5.66
Jan 2025	203310.81613576817	0.78	6.15
Feb 2025	204360.7854327344	0.52	6.05
Mar 2025	204461.54372185702	0.05	5.17
Apr 2025	204360.08910619208	-0.05	4.18
May 2025	204445.40533613332	0.04	3.42
Jun 2025	204544.69200064635	0.05	2.91
Jul 2025	204759.57794206726	0.11	2.70
Aug 2025	204716.45140083515	-0.02	2.63
Sep 2025	204876.08713266175	0.08	2.67
Oct 2025	204940.3574338603	0.03	2.67
Nov 2025	205475.62368608604	0.26	2.59
Dec 2025	206312.66208517647	0.41	2.26
Jan 2026	207164.6309132503	0.41	1.90
Feb 2026	207879.07584061162	0.35	1.72