Zip Code: 46225 (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 46225 Zip Code (Indianapolis, Indiana) in February 2026 was $168,202.324. The month over month percentage change (MoM) was 0.66%, and the year over year percentage change (YoY) was -4.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46225 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 46225 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: 46225 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 46225 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 48055.956046335195 1.80 34.12
Feb 2015 48397.69284484559 0.71 33.18
Mar 2015 48679.71543797996 0.58 31.66
Apr 2015 48916.974082294975 0.49 27.93
May 2015 49627.20615647789 1.45 25.88
Jun 2015 50151.50718963103 1.06 23.43
Jul 2015 50736.78256761504 1.17 21.85
Aug 2015 50983.85674077835 0.49 19.22
Sep 2015 51440.18584135679 0.90 16.93
Oct 2015 51812.779305660086 0.72 15.06
Nov 2015 52211.45475106081 0.77 12.92
Dec 2015 52872.904676331345 1.27 12.00
Jan 2016 53198.46981117498 0.62 10.70
Feb 2016 53293.739268986894 0.18 10.12
Mar 2016 53022.80075229589 -0.51 8.92
Apr 2016 52939.250855323335 -0.16 8.22
May 2016 53147.86414749109 0.39 7.09
Jun 2016 53914.092500870735 1.44 7.50
Jul 2016 55056.62798427979 2.12 8.51
Aug 2016 56565.62920101496 2.74 10.95
Sep 2016 58009.41975595282 2.55 12.77
Oct 2016 58843.80013263363 1.44 13.57
Nov 2016 59354.660105841256 0.87 13.68
Dec 2016 59572.04800674701 0.37 12.67
Jan 2017 59960.24772742734 0.65 12.71
Feb 2017 60203.389566281614 0.41 12.97
Mar 2017 60524.39264249004 0.53 14.15
Apr 2017 61221.95255461888 1.15 15.65
May 2017 62249.304649596015 1.68 17.13
Jun 2017 63277.79849142546 1.65 17.37
Jul 2017 64433.471311207424 1.83 17.03
Aug 2017 65262.06707624759 1.29 15.37
Sep 2017 66343.92642821558 1.66 14.37
Oct 2017 67316.47825800627 1.47 14.40
Nov 2017 68756.7771082406 2.14 15.84
Dec 2017 69779.69886771275 1.49 17.14
Jan 2018 70531.90312580852 1.08 17.63
Feb 2018 71128.70456691727 0.85 18.15
Mar 2018 72067.83128345957 1.32 19.07
Apr 2018 73416.30539770784 1.87 19.92
May 2018 74710.79743954376 1.76 20.02
Jun 2018 76073.08468499283 1.82 20.22
Jul 2018 77663.98420555597 2.09 20.53
Aug 2018 79456.60939997464 2.31 21.75
Sep 2018 81249.41459453077 2.26 22.47
Oct 2018 82923.5064688489 2.06 23.19
Nov 2018 85512.20378009377 3.12 24.37
Dec 2018 88044.97442269315 2.96 26.18
Jan 2019 90090.33989115783 2.32 27.73
Feb 2019 90686.64970739279 0.66 27.50
Mar 2019 92012.96644605415 1.46 27.68
Apr 2019 93832.77406533294 1.98 27.81
May 2019 96603.7182601167 2.95 29.30
Jun 2019 99048.29898923224 2.53 30.20
Jul 2019 101040.60478054396 2.01 30.10
Aug 2019 102435.2258856133 1.38 28.92
Sep 2019 103352.05128336228 0.90 27.20
Oct 2019 104402.94516726938 1.02 25.90
Nov 2019 105764.1975152577 1.30 23.68
Dec 2019 107076.58049305396 1.24 21.62
Jan 2020 109046.34073590423 1.84 21.04
Feb 2020 111300.6275481189 2.07 22.73
Mar 2020 114362.10051678617 2.75 24.29
Apr 2020 117246.71290477226 2.52 24.95
May 2020 119468.63043616159 1.90 23.67
Jun 2020 120351.87466103611 0.74 21.51
Jul 2020 120801.49205873843 0.37 19.56
Aug 2020 121865.38265271594 0.88 18.97
Sep 2020 124495.43960389514 2.16 20.46
Oct 2020 127970.17188848996 2.79 22.57
Nov 2020 131868.65307104736 3.05 24.68
Dec 2020 135180.9945942253 2.51 26.25
Jan 2021 138279.94537096226 2.29 26.81
Feb 2021 141758.88210813634 2.52 27.37
Mar 2021 145715.80583734167 2.79 27.42
Apr 2021 149452.02607729696 2.56 27.47
May 2021 151984.8105843522 1.70 27.22
Jun 2021 153482.3411168772 0.99 27.53
Jul 2021 154479.72071942184 0.65 27.88
Aug 2021 155107.52868397164 0.41 27.28
Sep 2021 155587.89736708588 0.31 24.98
Oct 2021 156452.68365535306 0.56 22.26
Nov 2021 157622.75955926193 0.75 19.53
Dec 2021 158886.62641001027 0.80 17.54
Jan 2022 160984.65346317363 1.32 16.42
Feb 2022 164702.62897723063 2.31 16.18
Mar 2022 168902.65270419954 2.55 15.91
Apr 2022 172330.71740531726 2.03 15.31
May 2022 174225.8530086861 1.10 14.63
Jun 2022 175842.54111330968 0.93 14.57
Jul 2022 176315.39697420198 0.27 14.14
Aug 2022 175782.97043888722 -0.30 13.33
Sep 2022 174720.77719744135 -0.60 12.30
Oct 2022 174017.02544162504 -0.40 11.23
Nov 2022 173992.19037078312 -0.01 10.39
Dec 2022 174296.23004697147 0.18 9.70
Jan 2023 175224.85000961728 0.53 8.85
Feb 2023 176472.24483387123 0.71 7.15
Mar 2023 177985.99353318347 0.86 5.38
Apr 2023 179652.7643575624 0.94 4.25
May 2023 180366.09514123408 0.40 3.52
Jun 2023 179703.49059104777 -0.37 2.20
Jul 2023 177244.947359662 -1.37 0.53
Aug 2023 174537.8833218695 -1.53 -0.71
Sep 2023 172417.07979814132 -1.22 -1.32
Oct 2023 170892.15400271947 -0.88 -1.80
Nov 2023 170069.03994150253 -0.48 -2.25
Dec 2023 169447.25967318797 -0.37 -2.78
Jan 2024 170619.2004289061 0.69 -2.63
Feb 2024 172709.5077527643 1.23 -2.13
Mar 2024 175132.70720554842 1.40 -1.60
Apr 2024 176687.0750631057 0.89 -1.65
May 2024 177106.50635413246 0.24 -1.81
Jun 2024 177253.9095762577 0.08 -1.36
Jul 2024 177045.54859624864 -0.12 -0.11
Aug 2024 176766.05538030752 -0.16 1.28
Sep 2024 176282.30676639883 -0.27 2.24
Oct 2024 175589.01762549067 -0.39 2.75
Nov 2024 175106.78185490388 -0.28 2.96
Dec 2024 175102.54468194116 0.00 3.34
Jan 2025 175930.95891551007 0.47 3.11
Feb 2025 176943.57534515855 0.58 2.45
Mar 2025 177411.83031479394 0.27 1.30
Apr 2025 177113.7389780101 -0.17 0.24
May 2025 176373.7003962452 -0.42 -0.41
Jun 2025 175389.91680675055 -0.56 -1.05
Jul 2025 173688.18082858305 -0.97 -1.90
Aug 2025 171286.62988798937 -1.38 -3.10
Sep 2025 169160.72299989976 -1.24 -4.04
Oct 2025 167413.32533161525 -1.03 -4.66
Nov 2025 166721.4878632454 -0.41 -4.79
Dec 2025 166450.21733091772 -0.16 -4.94
Jan 2026 167101.55619368303 0.39 -5.02
Feb 2026 168202.32445827 0.66 -4.94