Market Snapshot
- Median listing price
- $170K
- Median rent
- $949/mo
- Days on market
- 304 days
- Gross rental yield
- 6.70%
- STR vs LTR
- $1,066/mo STR · $949/mo LTR
The median listing price in Indianapolis, IN ZIP 46219 is $169,900 as of June 2026.
The median market rent in Indianapolis, IN ZIP 46219 is $949/month as of June 2026.
The median days on market in Indianapolis, IN ZIP 46219 is 304 days as of June 2026. The market is currently neutral.
At a median list price of $169,900 and a median rent of $949/month, the gross rental yield in Indianapolis, IN ZIP 46219 is 6.70% as of June 2026.
In Indianapolis, IN ZIP 46219, median Airbnb revenue is $1,066/month compared to median long-term rent of $949/month as of June 2026.
Indianapolis, IN 46219 Real Estate Market Report
ZIP Code: 46219
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the 46219 area average 6.63%, reflecting a market where rates have remained above 6% throughout 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator is the median sold price of 151,000, which reflects recent transaction activity and aligns with a price year-over-year trend that is up and a market temperature that is neutral.
- There is a notable spread between the median listing price of 169,900 and the median sold price of 151,000, which suggests seller expectations exceed recent transaction levels and may indicate pricing friction that buyers can exploit through negotiation.
- The market shows a long median days on market of 304, consistent with slower sales velocity; combined with relatively constrained active supply in the analyzed sample, this appears to produce measured liquidity rather than rapid turnover.
- Financing and rental context: 6.63% average 30-year fixed mortgage rates signal elevated interest rate pressure, while the median market rent of 949 and a rent year-over-year trend that is up suggest rental demand is strengthening even as borrowing costs remain elevated.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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