Zip Code: 46239 (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 46239 Zip Code (Indianapolis, Indiana) in February 2026 was $290,209.748. The month over month percentage change (MoM) was 0.23%, and the year over year percentage change (YoY) was 1.27%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46239 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 46239 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: 46239 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 46239 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 143100.85725726394 0.05 4.84
Feb 2015 143234.52643189402 0.09 4.44
Mar 2015 143511.12621438387 0.19 4.05
Apr 2015 143784.22901680905 0.19 3.54
May 2015 144164.80871436527 0.27 3.00
Jun 2015 144586.25442958967 0.29 2.54
Jul 2015 144991.35723075524 0.28 2.18
Aug 2015 145617.88145598772 0.43 2.17
Sep 2015 146260.37009978143 0.44 2.29
Oct 2015 147083.87057125068 0.56 2.74
Nov 2015 147682.49238203754 0.41 3.16
Dec 2015 148437.4626264502 0.51 3.78
Jan 2016 149037.25150830077 0.40 4.15
Feb 2016 149765.07021901253 0.49 4.56
Mar 2016 150306.45108761344 0.36 4.74
Apr 2016 150992.05480612197 0.46 5.01
May 2016 151575.77692784488 0.39 5.14
Jun 2016 152253.32974461376 0.45 5.30
Jul 2016 152994.77953545365 0.49 5.52
Aug 2016 153912.03261683416 0.60 5.70
Sep 2016 155022.4597233043 0.72 5.99
Oct 2016 156094.54747865512 0.69 6.13
Nov 2016 157086.19601497453 0.64 6.37
Dec 2016 158022.79918907394 0.60 6.46
Jan 2017 158848.88160290977 0.52 6.58
Feb 2017 159680.66585611712 0.52 6.62
Mar 2017 160456.09058461446 0.49 6.75
Apr 2017 161195.26641541123 0.46 6.76
May 2017 161858.0722268082 0.41 6.78
Jun 2017 162564.8556929063 0.44 6.77
Jul 2017 163676.46773207161 0.68 6.98
Aug 2017 165014.96585258638 0.82 7.21
Sep 2017 166390.81849168008 0.83 7.33
Oct 2017 167672.12594972338 0.77 7.42
Nov 2017 168888.2575867405 0.73 7.51
Dec 2017 169838.3733080532 0.56 7.48
Jan 2018 170631.73160851005 0.47 7.42
Feb 2018 171369.3168947089 0.43 7.32
Mar 2018 172468.9942921621 0.64 7.49
Apr 2018 173655.88994419834 0.69 7.73
May 2018 174917.9279212126 0.73 8.07
Jun 2018 176122.69277483787 0.69 8.34
Jul 2018 177387.5904111752 0.72 8.38
Aug 2018 178564.26033400884 0.66 8.21
Sep 2018 179781.43805349607 0.68 8.05
Oct 2018 180761.41673070358 0.55 7.81
Nov 2018 181843.57762144777 0.60 7.67
Dec 2018 182715.90652494444 0.48 7.58
Jan 2019 183630.3453929485 0.50 7.62
Feb 2019 184294.00438622385 0.36 7.54
Mar 2019 185118.30035460767 0.45 7.33
Apr 2019 185806.23696511108 0.37 7.00
May 2019 186552.81566725727 0.40 6.65
Jun 2019 187042.7057532363 0.26 6.20
Jul 2019 187586.65151080626 0.29 5.75
Aug 2019 188163.19168895544 0.31 5.38
Sep 2019 188836.81350440564 0.36 5.04
Oct 2019 189791.47549858256 0.51 5.00
Nov 2019 191049.24231952638 0.66 5.06
Dec 2019 192508.6762228379 0.76 5.36
Jan 2020 194129.63604776326 0.84 5.72
Feb 2020 195604.8147386712 0.76 6.14
Mar 2020 197092.26010047828 0.76 6.47
Apr 2020 198199.54473588173 0.56 6.67
May 2020 198961.81222690057 0.39 6.65
Jun 2020 199477.40550258767 0.26 6.65
Jul 2020 200290.98941634208 0.41 6.77
Aug 2020 201802.70709371511 0.76 7.25
Sep 2020 204331.17393656823 1.25 8.21
Oct 2020 207508.18347330415 1.56 9.34
Nov 2020 211246.02677089325 1.80 10.57
Dec 2020 214947.75628120583 1.75 11.66
Jan 2021 218551.4680931325 1.68 12.58
Feb 2021 222345.84053302705 1.74 13.67
Mar 2021 226509.2168708189 1.87 14.93
Apr 2021 230907.62711187694 1.94 16.50
May 2021 235232.35074630927 1.87 18.23
Jun 2021 239662.6564682057 1.88 20.15
Jul 2021 243880.63506448365 1.76 21.76
Aug 2021 247474.01092387023 1.47 22.63
Sep 2021 250264.46879511236 1.13 22.48
Oct 2021 253119.65557562327 1.14 21.98
Nov 2021 256546.33630998537 1.35 21.44
Dec 2021 260288.8384160814 1.46 21.09
Jan 2022 264366.59818089445 1.57 20.96
Feb 2022 269118.05527144327 1.80 21.04
Mar 2022 274243.87734628265 1.91 21.07
Apr 2022 279369.7079241941 1.87 20.99
May 2022 283367.2229366146 1.43 20.46
Jun 2022 286560.34877204796 1.13 19.57
Jul 2022 287759.4612832573 0.42 17.99
Aug 2022 287457.76729849767 -0.10 16.16
Sep 2022 285983.16177092685 -0.51 14.27
Oct 2022 284697.2867968216 -0.45 12.48
Nov 2022 283776.5228446685 -0.32 10.61
Dec 2022 282920.9868083514 -0.30 8.70
Jan 2023 281822.7369306611 -0.39 6.60
Feb 2023 280910.2516593439 -0.32 4.38
Mar 2023 280106.2490954536 -0.29 2.14
Apr 2023 279804.1264421575 -0.11 0.16
May 2023 279693.52452541987 -0.04 -1.30
Jun 2023 280057.7213963579 0.13 -2.27
Jul 2023 280507.6142109851 0.16 -2.52
Aug 2023 280890.77398122917 0.14 -2.28
Sep 2023 281038.8567783172 0.05 -1.73
Oct 2023 280767.77354343235 -0.10 -1.38
Nov 2023 280181.20143667905 -0.21 -1.27
Dec 2023 279507.8774743653 -0.24 -1.21
Jan 2024 279642.09211538354 0.05 -0.77
Feb 2024 280326.91914318915 0.25 -0.21
Mar 2024 281563.0028956242 0.44 0.52
Apr 2024 282604.4756296189 0.37 1.00
May 2024 283488.5860283403 0.31 1.36
Jun 2024 283767.8401716565 0.10 1.33
Jul 2024 283755.374246016 0.00 1.16
Aug 2024 283523.28388916585 -0.08 0.94
Sep 2024 283532.5463454646 0.00 0.89
Oct 2024 283570.70478050836 0.01 1.00
Nov 2024 283865.5459722295 0.10 1.32
Dec 2024 284618.1804567873 0.27 1.83
Jan 2025 285676.792438064 0.37 2.16
Feb 2025 286567.23776761285 0.31 2.23
Mar 2025 286914.6104575288 0.12 1.90
Apr 2025 287216.67181793513 0.11 1.63
May 2025 287555.9616492176 0.12 1.44
Jun 2025 287733.6673448048 0.06 1.40
Jul 2025 287712.455504756 -0.01 1.40
Aug 2025 287627.78462854977 -0.03 1.45
Sep 2025 287817.0810965817 0.07 1.51
Oct 2025 288002.66734950896 0.06 1.56
Nov 2025 288351.170845636 0.12 1.58
Dec 2025 288896.70797171764 0.19 1.50
Jan 2026 289537.83170090854 0.22 1.35
Feb 2026 290209.7481946787 0.23 1.27