Zip Code: 46229 (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 46229 Zip Code (Indianapolis, Indiana) in February 2026 was $215,134.122. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was -0.61%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46229 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 46229 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: 46229 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 46229 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 94980.88646832098 0.08 10.85
Feb 2015 95112.13647801569 0.14 10.22
Mar 2015 95320.40320241892 0.22 9.45
Apr 2015 95658.08385491282 0.35 8.41
May 2015 95939.6093654824 0.29 6.99
Jun 2015 96166.9214707836 0.24 5.65
Jul 2015 96407.30950192979 0.25 4.34
Aug 2015 96890.81924862646 0.50 3.64
Sep 2015 97462.58320486204 0.59 3.40
Oct 2015 97975.90536553152 0.53 3.58
Nov 2015 98115.27298690764 0.14 3.52
Dec 2015 98403.48505751323 0.29 3.69
Jan 2016 98733.16533639922 0.34 3.95
Feb 2016 99414.36026675011 0.69 4.52
Mar 2016 99986.86010227702 0.58 4.90
Apr 2016 100548.21961289975 0.56 5.11
May 2016 100935.1913108934 0.39 5.21
Jun 2016 101282.84941723257 0.34 5.32
Jul 2016 101720.6802960963 0.43 5.51
Aug 2016 102314.41217666358 0.58 5.60
Sep 2016 103302.10754335231 0.97 5.99
Oct 2016 104320.14689532113 0.99 6.48
Nov 2016 105465.00630324705 1.10 7.49
Dec 2016 106523.53113031981 1.00 8.25
Jan 2017 107333.89761823817 0.76 8.71
Feb 2017 107836.5755325902 0.47 8.47
Mar 2017 108123.48293844018 0.27 8.14
Apr 2017 108579.51305868394 0.42 7.99
May 2017 109158.95393104244 0.53 8.15
Jun 2017 109809.0756526208 0.60 8.42
Jul 2017 110715.37698747736 0.83 8.84
Aug 2017 111742.62679961788 0.93 9.22
Sep 2017 112883.99606312726 1.02 9.28
Oct 2017 113995.84980289504 0.99 9.28
Nov 2017 115193.6509298628 1.05 9.23
Dec 2017 116186.11369896292 0.86 9.07
Jan 2018 117049.00420325359 0.74 9.05
Feb 2018 117713.61936516913 0.57 9.16
Mar 2018 118774.94109938906 0.90 9.85
Apr 2018 119900.09180831054 0.95 10.43
May 2018 121118.08206895347 1.02 10.96
Jun 2018 121974.9758795845 0.71 11.08
Jul 2018 122781.21156130756 0.66 10.90
Aug 2018 123673.41230432515 0.73 10.68
Sep 2018 124813.9178080575 0.92 10.57
Oct 2018 125923.34724092111 0.89 10.46
Nov 2018 127082.63186051829 0.92 10.32
Dec 2018 128068.07128887826 0.78 10.23
Jan 2019 129165.08669786807 0.86 10.35
Feb 2019 130133.70496672236 0.75 10.55
Mar 2019 131216.58483389523 0.83 10.48
Apr 2019 132057.39267585927 0.64 10.14
May 2019 132686.9887609583 0.48 9.55
Jun 2019 133027.909134466 0.26 9.06
Jul 2019 133368.77839071327 0.26 8.62
Aug 2019 133771.82660065152 0.30 8.16
Sep 2019 134280.6535994377 0.38 7.59
Oct 2019 135061.86750947285 0.58 7.26
Nov 2019 136105.57107589627 0.77 7.10
Dec 2019 137251.07728399243 0.84 7.17
Jan 2020 138463.9114262285 0.88 7.20
Feb 2020 139697.09036950357 0.89 7.35
Mar 2020 141015.17491161593 0.94 7.47
Apr 2020 142031.12405926615 0.72 7.55
May 2020 142614.42674314568 0.41 7.48
Jun 2020 142883.41848354568 0.19 7.41
Jul 2020 143360.91314317167 0.33 7.49
Aug 2020 144228.53450853613 0.61 7.82
Sep 2020 145746.64844855896 1.05 8.54
Oct 2020 147738.53690534274 1.37 9.39
Nov 2020 150433.55008930262 1.82 10.53
Dec 2020 153256.2010216066 1.88 11.66
Jan 2021 156089.4040055656 1.85 12.73
Feb 2021 158952.42447676006 1.83 13.78
Mar 2021 162075.6834940198 1.97 14.94
Apr 2021 165028.42280402957 1.82 16.19
May 2021 167732.9916766972 1.64 17.61
Jun 2021 170260.4901468294 1.51 19.16
Jul 2021 172575.5487921025 1.36 20.38
Aug 2021 174347.32872425398 1.03 20.88
Sep 2021 175752.8774086366 0.81 20.59
Oct 2021 177535.63766810228 1.01 20.17
Nov 2021 179991.02885709444 1.38 19.65
Dec 2021 182722.06113146959 1.52 19.23
Jan 2022 185907.0626671407 1.74 19.10
Feb 2022 189741.0800266606 2.06 19.37
Mar 2022 193706.14268053145 2.09 19.52
Apr 2022 197264.91038744105 1.84 19.53
May 2022 199766.79990962162 1.27 19.10
Jun 2022 202065.05079573402 1.15 18.68
Jul 2022 203288.38484116257 0.61 17.80
Aug 2022 203743.4030968525 0.22 16.86
Sep 2022 203478.82024388202 -0.13 15.78
Oct 2022 203472.33452620063 0.00 14.61
Nov 2022 203710.45393472875 0.12 13.18
Dec 2022 203997.40122611044 0.14 11.64
Jan 2023 203896.31069832 -0.05 9.68
Feb 2023 203816.6012036739 -0.04 7.42
Mar 2023 203702.18508678747 -0.06 5.16
Apr 2023 204067.74844623668 0.18 3.45
May 2023 204554.1110691219 0.24 2.40
Jun 2023 205244.54939043362 0.34 1.57
Jul 2023 205901.17787063494 0.32 1.29
Aug 2023 206666.70580415172 0.37 1.44
Sep 2023 207221.72508947094 0.27 1.84
Oct 2023 207406.27649434935 0.09 1.93
Nov 2023 207319.534438191 -0.04 1.77
Dec 2023 207333.70347002 0.01 1.64
Jan 2024 208198.22664095575 0.42 2.11
Feb 2024 209515.14031959153 0.63 2.80
Mar 2024 211118.3052190789 0.77 3.64
Apr 2024 212600.65130659463 0.70 4.18
May 2024 213853.94784165325 0.59 4.55
Jun 2024 214642.82315929784 0.37 4.58
Jul 2024 214804.61433619112 0.08 4.32
Aug 2024 214490.95417776585 -0.15 3.79
Sep 2024 214071.03633576594 -0.20 3.31
Oct 2024 213613.95299976307 -0.21 2.99
Nov 2024 213679.19355397788 0.03 3.07
Dec 2024 214281.94915766365 0.28 3.35
Jan 2025 215455.67589225466 0.55 3.49
Feb 2025 216449.57582309458 0.46 3.31
Mar 2025 217130.23187410345 0.31 2.85
Apr 2025 217520.9474063634 0.18 2.31
May 2025 217787.7875026538 0.12 1.84
Jun 2025 217792.28383176902 0.00 1.47
Jul 2025 217537.7211097727 -0.12 1.27
Aug 2025 216967.41202021544 -0.26 1.16
Sep 2025 216272.02484847038 -0.32 1.03
Oct 2025 215432.40097608123 -0.39 0.85
Nov 2025 214700.80388775704 -0.34 0.48
Dec 2025 214504.43864471497 -0.09 0.10
Jan 2026 214655.45557496275 0.07 -0.37
Feb 2026 215134.12171322256 0.22 -0.61