Zip Code: 46256 (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 46256 Zip Code (Indianapolis, Indiana) in February 2026 was $338,639.065. The month over month percentage change (MoM) was 0.29%, and the year over year percentage change (YoY) was 1.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46256 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 46256 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: 46256 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46256 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46256 (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	177286.65904308026	-0.06	4.37
Feb 2015	177404.34299745472	0.07	3.95
Mar 2015	177734.6410374282	0.19	3.47
Apr 2015	177987.59144815712	0.14	2.88
May 2015	178123.55424271253	0.08	2.33
Jun 2015	178302.62915570327	0.10	2.05
Jul 2015	178602.23340223334	0.17	1.74
Aug 2015	179351.57786479042	0.42	1.65
Sep 2015	180120.09310210517	0.43	1.58
Oct 2015	180842.77245171656	0.40	1.77
Nov 2015	181116.88885765497	0.15	1.95
Dec 2015	181588.3118410637	0.26	2.37
Jan 2016	182132.46703334828	0.30	2.73
Feb 2016	182768.29234050086	0.35	3.02
Mar 2016	182996.42765346498	0.13	2.96
Apr 2016	183402.81071464563	0.22	3.04
May 2016	183899.05553741785	0.27	3.24
Jun 2016	184887.21291287336	0.54	3.69
Jul 2016	185936.83724603915	0.57	4.11
Aug 2016	186942.8615487162	0.54	4.23
Sep 2016	187917.52524986095	0.52	4.33
Oct 2016	188806.87184056363	0.47	4.40
Nov 2016	189804.89475814847	0.53	4.80
Dec 2016	190864.5213127913	0.56	5.11
Jan 2017	191832.8771015588	0.51	5.33
Feb 2017	192694.0591597699	0.45	5.43
Mar 2017	193431.61262256102	0.38	5.70
Apr 2017	194669.9676771837	0.64	6.14
May 2017	196233.49047785162	0.80	6.71
Jun 2017	197882.02456460544	0.84	7.03
Jul 2017	199036.05145508834	0.58	7.05
Aug 2017	200137.2289137822	0.55	7.06
Sep 2017	201246.04584722267	0.55	7.09
Oct 2017	202429.43299702345	0.59	7.22
Nov 2017	203501.56246024548	0.53	7.22
Dec 2017	204354.5206960612	0.42	7.07
Jan 2018	205364.6657279441	0.49	7.05
Feb 2018	206350.82761550683	0.48	7.09
Mar 2018	207671.54036964555	0.64	7.36
Apr 2018	209034.8161528354	0.66	7.38
May 2018	210582.51593676524	0.74	7.31
Jun 2018	212255.92044430992	0.80	7.26
Jul 2018	214252.88537606454	0.94	7.65
Aug 2018	216139.06822483506	0.88	8.00
Sep 2018	217708.56073448667	0.73	8.18
Oct 2018	218722.2745989411	0.47	8.05
Nov 2018	219667.6821065819	0.43	7.94
Dec 2018	220525.6608547557	0.39	7.91
Jan 2019	221199.1326005388	0.31	7.71
Feb 2019	221689.8904355919	0.22	7.43
Mar 2019	222429.1456794409	0.33	7.11
Apr 2019	223326.1977340482	0.40	6.84
May 2019	224431.74027084163	0.50	6.58
Jun 2019	225189.37774289446	0.34	6.09
Jul 2019	225690.71937324444	0.22	5.34
Aug 2019	225900.2842725124	0.09	4.52
Sep 2019	226012.04107301185	0.05	3.81
Oct 2019	226747.66780913985	0.33	3.67
Nov 2019	227995.64701298214	0.55	3.79
Dec 2019	229522.29767156052	0.67	4.08
Jan 2020	231390.49351777663	0.81	4.61
Feb 2020	233178.84847014336	0.77	5.18
Mar 2020	235068.12673453861	0.81	5.68
Apr 2020	236147.63563430798	0.46	5.74
May 2020	236668.0828924932	0.22	5.45
Jun 2020	236989.33697658233	0.14	5.24
Jul 2020	237748.09072258908	0.32	5.34
Aug 2020	239251.01212394444	0.63	5.91
Sep 2020	241775.48439031208	1.06	6.98
Oct 2020	244959.89480061686	1.32	8.03
Nov 2020	248542.65957749213	1.46	9.01
Dec 2020	251938.79483949297	1.37	9.77
Jan 2021	255278.6522858429	1.33	10.32
Feb 2021	259113.1673604149	1.50	11.12
Mar 2021	263424.9253503059	1.66	12.06
Apr 2021	267577.81889682944	1.58	13.31
May 2021	271594.40471293963	1.50	14.76
Jun 2021	275832.08950726717	1.56	16.39
Jul 2021	279716.5039705817	1.41	17.65
Aug 2021	282342.5478267308	0.94	18.01
Sep 2021	283739.1050313848	0.50	17.36
Oct 2021	285677.58704817056	0.68	16.62
Nov 2021	288683.0415068392	1.05	16.15
Dec 2021	292425.78794828133	1.30	16.07
Jan 2022	296915.20762075816	1.54	16.31
Feb 2022	302580.9524239991	1.91	16.78
Mar 2022	308574.1498989537	1.98	17.14
Apr 2022	314336.72800571105	1.87	17.48
May 2022	318547.94626831636	1.34	17.29
Jun 2022	321572.62268468615	0.95	16.58
Jul 2022	322264.0183988532	0.22	15.21
Aug 2022	321326.44568058697	-0.29	13.81
Sep 2022	319297.24391516997	-0.63	12.53
Oct 2022	317704.9580938204	-0.50	11.21
Nov 2022	316685.36116523464	-0.32	9.70
Dec 2022	316301.7902505369	-0.12	8.16
Jan 2023	316001.7110344109	-0.09	6.43
Feb 2023	316267.87441302097	0.08	4.52
Mar 2023	316426.9094406983	0.05	2.55
Apr 2023	316816.6007091772	0.12	0.79
May 2023	317168.68360353186	0.11	-0.43
Jun 2023	318068.9563080533	0.28	-1.09
Jul 2023	319104.7687210953	0.33	-0.98
Aug 2023	320285.53083197545	0.37	-0.32
Sep 2023	321191.4712075085	0.28	0.59
Oct 2023	321647.67204153904	0.14	1.24
Nov 2023	321751.28064252326	0.03	1.60
Dec 2023	322011.62899643386	0.08	1.81
Jan 2024	322745.0924916682	0.23	2.13
Feb 2024	323933.70533729665	0.37	2.42
Mar 2024	325928.41207676684	0.62	3.00
Apr 2024	328059.69331056386	0.65	3.55
May 2024	329676.84409008623	0.49	3.94
Jun 2024	329866.3038676647	0.06	3.71
Jul 2024	329303.22992757405	-0.17	3.20
Aug 2024	328648.073825754	-0.20	2.61
Sep 2024	328737.4945210805	0.03	2.35
Oct 2024	329389.4920874944	0.20	2.41
Nov 2024	330291.02635917783	0.27	2.65
Dec 2024	331234.09734653874	0.29	2.86
Jan 2025	332310.49072274583	0.33	2.96
Feb 2025	333249.5069140673	0.28	2.88
Mar 2025	333663.45409352897	0.12	2.37
Apr 2025	333916.7691300939	0.08	1.79
May 2025	334230.2953272699	0.09	1.38
Jun 2025	334572.9668528761	0.10	1.43
Jul 2025	335035.348851003	0.14	1.74
Aug 2025	335225.99463688117	0.06	2.00
Sep 2025	335626.08712775266	0.12	2.10
Oct 2025	335705.6166839767	0.02	1.92
Nov 2025	336159.0946128285	0.14	1.78
Dec 2025	336814.2009292975	0.20	1.69
Jan 2026	337645.7410451244	0.25	1.61
Feb 2026	338639.06503321324	0.29	1.62