Zip Code: 46234 (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 46234 Zip Code (Indianapolis, Indiana) in February 2026 was $275,936.025. The month over month percentage change (MoM) was 0.19%, and the year over year percentage change (YoY) was 0.42%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46234 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 46234 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: 46234 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46234 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46234 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted

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Month	ZHVI ($)	MoM Perc. Change (%)	YoY Perc. Change (%)
Jan 2015	132754.78405973606	0.10	4.65
Feb 2015	132899.21199173402	0.11	4.45
Mar 2015	133153.14306210098	0.19	4.05
Apr 2015	133466.78253119552	0.24	3.50
May 2015	133842.31108595873	0.28	2.99
Jun 2015	134326.3363184958	0.36	2.71
Jul 2015	134792.35675334875	0.35	2.58
Aug 2015	135485.48178126186	0.51	2.69
Sep 2015	136105.12774274626	0.46	2.83
Oct 2015	136750.25709193322	0.47	3.14
Nov 2015	137135.21042545664	0.28	3.37
Dec 2015	137705.44160882995	0.42	3.83
Jan 2016	138258.13395557067	0.40	4.15
Feb 2016	139001.28752570803	0.54	4.59
Mar 2016	139528.25318525464	0.38	4.79
Apr 2016	140289.9510083503	0.55	5.11
May 2016	141111.90473417667	0.59	5.43
Jun 2016	142068.77533648376	0.68	5.76
Jul 2016	142879.933782579	0.57	6.00
Aug 2016	143540.09999673293	0.46	5.95
Sep 2016	144330.66900469185	0.55	6.04
Oct 2016	145033.56010582022	0.49	6.06
Nov 2016	145703.14188621918	0.46	6.25
Dec 2016	146245.42813665493	0.37	6.20
Jan 2017	146766.19871638415	0.36	6.15
Feb 2017	147398.9604818028	0.43	6.04
Mar 2017	148112.91730184315	0.48	6.15
Apr 2017	148962.26716745392	0.57	6.18
May 2017	149835.89373297998	0.59	6.18
Jun 2017	150706.88179630847	0.58	6.08
Jul 2017	151628.0596252665	0.61	6.12
Aug 2017	152543.9540902338	0.60	6.27
Sep 2017	153417.1600949901	0.57	6.30
Oct 2017	154286.98151482877	0.57	6.38
Nov 2017	155291.9721580673	0.65	6.58
Dec 2017	156315.5020270934	0.66	6.89
Jan 2018	157402.4398622317	0.70	7.25
Feb 2018	158395.4183897028	0.63	7.46
Mar 2018	159776.96287240522	0.87	7.88
Apr 2018	161174.46432244199	0.88	8.20
May 2018	162730.18934342894	0.97	8.61
Jun 2018	163953.8285047187	0.75	8.79
Jul 2018	165244.67551625357	0.79	8.98
Aug 2018	166402.871570264	0.70	9.09
Sep 2018	167594.93769261995	0.72	9.24
Oct 2018	168548.36321609272	0.57	9.24
Nov 2018	169523.76837850167	0.58	9.16
Dec 2018	170416.04739890728	0.53	9.02
Jan 2019	171344.72987797283	0.55	8.86
Feb 2019	172137.30645175406	0.46	8.68
Mar 2019	173001.36485223673	0.50	8.28
Apr 2019	173820.6086228363	0.47	7.85
May 2019	174762.9670182243	0.54	7.39
Jun 2019	175575.6821742972	0.47	7.09
Jul 2019	176347.88059272626	0.44	6.72
Aug 2019	176999.16214101124	0.37	6.37
Sep 2019	177729.9515599848	0.41	6.05
Oct 2019	178716.02818722153	0.56	6.03
Nov 2019	179995.95008546405	0.72	6.18
Dec 2019	181427.21207010435	0.80	6.46
Jan 2020	182978.28299260317	0.86	6.79
Feb 2020	184393.38258094108	0.77	7.12
Mar 2020	185853.82688700702	0.79	7.43
Apr 2020	187038.06145623638	0.64	7.60
May 2020	187937.10534108826	0.48	7.54
Jun 2020	188601.7940409718	0.35	7.42
Jul 2020	189418.45205386402	0.43	7.41
Aug 2020	190699.14573431117	0.68	7.74
Sep 2020	192715.07926156418	1.06	8.43
Oct 2020	195330.02431466233	1.36	9.30
Nov 2020	198685.21248810168	1.72	10.38
Dec 2020	202095.91703987168	1.72	11.39
Jan 2021	205332.13415572024	1.60	12.22
Feb 2021	208474.43064304267	1.53	13.06
Mar 2021	211941.70255199075	1.66	14.04
Apr 2021	215492.65253157736	1.68	15.21
May 2021	219100.05362457022	1.67	16.58
Jun 2021	222914.3254590855	1.74	18.19
Jul 2021	226665.27353170575	1.68	19.66
Aug 2021	229540.3562333941	1.27	20.37
Sep 2021	231439.79209218582	0.83	20.09
Oct 2021	233302.26659066082	0.81	19.44
Nov 2021	235858.68591771476	1.10	18.71
Dec 2021	238711.18887809748	1.21	18.12
Jan 2022	242251.84518841153	1.48	17.98
Feb 2022	246606.38789310088	1.80	18.29
Mar 2022	251440.2369354664	1.96	18.64
Apr 2022	256210.72603761742	1.90	18.90
May 2022	260107.51613951442	1.52	18.72
Jun 2022	263298.04352322145	1.23	18.12
Jul 2022	264861.1952313871	0.59	16.85
Aug 2022	265070.69226894324	0.08	15.48
Sep 2022	264396.47897109017	-0.25	14.24
Oct 2022	263865.7644447658	-0.20	13.10
Nov 2022	263661.928053076	-0.08	11.79
Dec 2022	263574.76363193017	-0.03	10.42
Jan 2023	263146.9170461465	-0.16	8.63
Feb 2023	262823.7230623182	-0.12	6.58
Mar 2023	262657.04715144093	-0.06	4.46
Apr 2023	263018.9197925658	0.14	2.66
May 2023	263613.37744825304	0.23	1.35
Jun 2023	264671.005580809	0.40	0.52
Jul 2023	265659.4130263223	0.37	0.30
Aug 2023	266569.3154863561	0.34	0.56
Sep 2023	267071.8357972215	0.19	1.01
Oct 2023	267408.8184417688	0.13	1.34
Nov 2023	267487.2004236477	0.03	1.45
Dec 2023	267390.499993239	-0.04	1.45
Jan 2024	267678.19116568106	0.11	1.72
Feb 2024	268320.5546206571	0.24	2.09
Mar 2024	269555.2122636415	0.46	2.63
Apr 2024	270771.377762473	0.45	2.95
May 2024	271764.16671164456	0.37	3.09
Jun 2024	272356.5340748417	0.22	2.90
Jul 2024	272633.6198447136	0.10	2.63
Aug 2024	272899.4225277484	0.10	2.38
Sep 2024	273020.05500640976	0.04	2.23
Oct 2024	273106.8044404568	0.03	2.13
Nov 2024	273279.4159153584	0.06	2.17
Dec 2024	273809.6524374348	0.19	2.40
Jan 2025	274468.6153508316	0.24	2.54
Feb 2025	274782.6951814598	0.11	2.41
Mar 2025	274532.69073391333	-0.09	1.85
Apr 2025	274147.18305687135	-0.14	1.25
May 2025	273756.70253140974	-0.14	0.73
Jun 2025	273548.4501148691	-0.08	0.44
Jul 2025	273549.4999401137	0.00	0.34
Aug 2025	273851.18155203667	0.11	0.35
Sep 2025	274296.78814939945	0.16	0.47
Oct 2025	274581.23923190427	0.10	0.54
Nov 2025	274739.64329796936	0.06	0.53
Dec 2025	275011.50903208955	0.10	0.44
Jan 2026	275424.4351068381	0.15	0.35
Feb 2026	275936.02453893964	0.19	0.42