Zip Code: 46278 (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 46278 Zip Code (Indianapolis, Indiana) in February 2026 was $421,132.346. The month over month percentage change (MoM) was 0.30%, and the year over year percentage change (YoY) was 3.64%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46278 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 46278 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: 46278 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46278 (Indianapolis, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46278 (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	223216.37226410417	-0.08	4.28
Feb 2015	223506.50104325087	0.13	4.20
Mar 2015	224342.0282874728	0.37	4.09
Apr 2015	225168.54652232796	0.37	3.78
May 2015	225712.5332059825	0.24	3.30
Jun 2015	226145.4410293143	0.19	2.90
Jul 2015	226440.86638365095	0.13	2.49
Aug 2015	227045.0573076346	0.27	2.34
Sep 2015	227690.36684938564	0.28	2.15
Oct 2015	228502.71343444558	0.36	2.22
Nov 2015	228792.26571352486	0.13	2.24
Dec 2015	229088.99739152775	0.13	2.55
Jan 2016	229289.64822676615	0.09	2.72
Feb 2016	229873.10766875054	0.25	2.85
Mar 2016	230320.43643630375	0.20	2.67
Apr 2016	230746.81009759856	0.19	2.48
May 2016	231231.4014940221	0.21	2.44
Jun 2016	231982.7202352923	0.33	2.58
Jul 2016	232924.29736681073	0.41	2.86
Aug 2016	233830.28905872008	0.39	2.99
Sep 2016	234689.35138560124	0.37	3.07
Oct 2016	235932.27978955954	0.53	3.25
Nov 2016	237258.44531741863	0.56	3.70
Dec 2016	238537.63388420315	0.54	4.12
Jan 2017	239286.66518116396	0.31	4.36
Feb 2017	240193.07718556825	0.38	4.49
Mar 2017	241097.56015408688	0.38	4.68
Apr 2017	242213.15077800347	0.46	4.97
May 2017	243016.9959554878	0.33	5.10
Jun 2017	243881.038522118	0.36	5.13
Jul 2017	244838.27593626908	0.39	5.12
Aug 2017	245975.48863761072	0.46	5.19
Sep 2017	246960.70743520957	0.40	5.23
Oct 2017	248068.2492235078	0.45	5.14
Nov 2017	249384.8446971384	0.53	5.11
Dec 2017	250890.45972225745	0.60	5.18
Jan 2018	252354.44631154303	0.58	5.46
Feb 2018	253569.3244698851	0.48	5.57
Mar 2018	255080.73283045075	0.60	5.80
Apr 2018	256264.20760341044	0.46	5.80
May 2018	257534.24986210556	0.50	5.97
Jun 2018	258600.61680992143	0.41	6.04
Jul 2018	259840.50340438224	0.48	6.13
Aug 2018	261019.7764652006	0.45	6.12
Sep 2018	262349.3475265621	0.51	6.23
Oct 2018	263650.2793443462	0.50	6.28
Nov 2018	264828.9672006048	0.45	6.19
Dec 2018	265427.6097394218	0.23	5.79
Jan 2019	266120.7912364893	0.26	5.46
Feb 2019	267059.36488626845	0.35	5.32
Mar 2019	268424.3125448269	0.51	5.23
Apr 2019	269475.29102472827	0.39	5.16
May 2019	270320.93041044887	0.31	4.97
Jun 2019	270848.9801409189	0.20	4.74
Jul 2019	271444.1861238303	0.22	4.47
Aug 2019	272294.32476042357	0.31	4.32
Sep 2019	273359.10450015514	0.39	4.20
Oct 2019	274776.0963419202	0.52	4.22
Nov 2019	276348.3094805072	0.57	4.35
Dec 2019	278087.35549070936	0.63	4.77
Jan 2020	280123.18159352784	0.73	5.26
Feb 2020	282042.026760187	0.69	5.61
Mar 2020	284020.95496088313	0.70	5.81
Apr 2020	285262.5825714715	0.44	5.86
May 2020	285921.4781601298	0.23	5.77
Jun 2020	286283.71340259287	0.13	5.70
Jul 2020	287244.3348764412	0.34	5.82
Aug 2020	289244.8277010515	0.70	6.23
Sep 2020	292593.4463106654	1.16	7.04
Oct 2020	296755.8120915632	1.42	8.00
Nov 2020	301494.2001536522	1.60	9.10
Dec 2020	305711.4469159818	1.40	9.93
Jan 2021	309443.6586742146	1.22	10.47
Feb 2021	313325.02294826036	1.25	11.09
Mar 2021	318107.95599816204	1.53	12.00
Apr 2021	323070.6833585684	1.56	13.25
May 2021	328478.570709221	1.67	14.88
Jun 2021	333700.03454017657	1.59	16.56
Jul 2021	338855.9328453627	1.55	17.97
Aug 2021	342636.3896905563	1.12	18.46
Sep 2021	345324.39048083546	0.79	18.02
Oct 2021	348405.73311099905	0.89	17.41
Nov 2021	352267.6773580292	1.11	16.84
Dec 2021	356455.20031413995	1.19	16.60
Jan 2022	360724.3767974577	1.20	16.57
Feb 2022	365801.4338982298	1.41	16.75
Mar 2022	371541.51368873916	1.57	16.80
Apr 2022	377795.4291367899	1.68	16.94
May 2022	383028.100025439	1.39	16.61
Jun 2022	387427.22786672576	1.15	16.10
Jul 2022	389104.41649710765	0.43	14.83
Aug 2022	388984.3422133685	-0.03	13.53
Sep 2022	387088.71379273775	-0.49	12.09
Oct 2022	385928.0893863978	-0.30	10.77
Nov 2022	385356.0094885358	-0.15	9.39
Dec 2022	385889.81657103606	0.14	8.26
Jan 2023	385837.69487126125	-0.01	6.96
Feb 2023	385981.40882421524	0.04	5.52
Mar 2023	385891.336531223	-0.02	3.86
Apr 2023	386642.51559587213	0.20	2.34
May 2023	387308.04829211975	0.17	1.12
Jun 2023	388625.84581930254	0.34	0.31
Jul 2023	390172.96041002654	0.40	0.28
Aug 2023	392131.98401509016	0.50	0.81
Sep 2023	393683.61956510023	0.40	1.70
Oct 2023	394397.062948147	0.18	2.19
Nov 2023	393904.27224596683	-0.12	2.22
Dec 2023	393028.16870478186	-0.22	1.85
Jan 2024	392651.76235026465	-0.10	1.77
Feb 2024	393055.89071521914	0.10	1.83
Mar 2024	394519.342377112	0.37	2.24
Apr 2024	396367.55777037656	0.47	2.52
May 2024	398450.8173233569	0.53	2.88
Jun 2024	399383.7134934391	0.23	2.77
Jul 2024	399704.2853299089	0.08	2.44
Aug 2024	399669.51551443106	-0.01	1.92
Sep 2024	400255.6089409518	0.15	1.67
Oct 2024	401119.0385392346	0.22	1.70
Nov 2024	402124.5021068982	0.25	2.09
Dec 2024	403404.18980297865	0.32	2.64
Jan 2025	404801.49044286535	0.35	3.09
Feb 2025	406332.1696648382	0.38	3.38
Mar 2025	407398.0289789838	0.26	3.26
Apr 2025	408040.70624004403	0.16	2.95
May 2025	408592.6908456657	0.14	2.55
Jun 2025	409048.18547542306	0.11	2.42
Jul 2025	410244.68734495406	0.29	2.64
Aug 2025	411081.37743441947	0.20	2.86
Sep 2025	412492.7771179201	0.34	3.06
Oct 2025	413947.9991389741	0.35	3.20
Nov 2025	416078.43402146845	0.52	3.47
Dec 2025	418130.75427279033	0.49	3.65
Jan 2026	419863.13025470165	0.41	3.72
Feb 2026	421132.34647724085	0.30	3.64