Indianapolis home values (September 2026)
The typical home in the Indianapolis, IN metro is worth $291,634, +1% over the last 12 months. Updated monthly from Zillow Research data.
- Typical value
- $291,634
- 1-year change
- +1%
- 5-year change
- +22.6%
- 10-year change
- +95.1%
Where Indianapolis stands
- #73 most expensive of the 100 largest U.S. metros; #57 by 1-year price growth.
- At or near its all-time high ($292,063).
Home equity in Indianapolis
At an 85% combined loan-to-value cap, a typical $291,634 home supports up to $247,889 of total borrowing. With a typical mortgage still owed, about $84,574 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.
Compare nearby metros
- Lakeland, FL — $295,502 (-2.2% 1-yr)
- Des Moines, IA — $292,513 (+0.5% 1-yr)
- Buffalo, NY — $287,359 (+3.6% 1-yr)
- Rochester, NY — $281,279 (+4.9% 1-yr)
Frequently asked questions
What is the typical home value in Indianapolis?
The typical home in the Indianapolis, IN metro area is worth about $291,634 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #73 of the 100 largest U.S. metros.
Are home prices in Indianapolis going up or down?
Over the past 12 months the typical value changed +1% (#57 of 100 large metros by 1-year growth). Over 5 years it changed +22.6%, and over 10 years +95.1%. Values are at or near their all-time high.
How much home equity could a Indianapolis homeowner borrow against?
Lenders typically cap combined loan-to-value at about 85%. On a typical $291,634 home that's $247,889 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $84,574 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.
Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.