Market Snapshot
- Median listing price
- $160K
- Median rent
- $1,249/mo
- Days on market
- 321 days
- Gross rental yield
- 9.37%
- STR vs LTR
- $1,122/mo STR · $1,249/mo LTR
The median listing price in Indianapolis, IN ZIP 46226 is $159,947.5 as of June 2026.
The median market rent in Indianapolis, IN ZIP 46226 is $1,249/month as of June 2026.
The median days on market in Indianapolis, IN ZIP 46226 is 321 days as of June 2026. The market is currently neutral.
At a median list price of $159,947.5 and a median rent of $1,249/month, the gross rental yield in Indianapolis, IN ZIP 46226 is 9.37% as of June 2026.
In Indianapolis, IN ZIP 46226, median Airbnb revenue is $1,122/month compared to median long-term rent of $1,249/month as of June 2026.
Indianapolis, IN 46226 Real Estate Market Report
ZIP Code: 46226
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
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.
Key Findings
- 164,300 is the median sold price, which should be treated as the primary indicator of current market value and recent transaction activity; given the long median days on market of 321, this representative recent sale level appears alongside slower sales velocity and suggests buyers may have increased negotiation leverage. neutral market temperature supports a balanced interpretation.
- There is a modest gap between the 159,948 median listing price and the 164,300 median sold price, which may indicate pricing friction where seller expectations and final transaction prices are close but variable; combined with the median days on market of 321, this suggests a market that is normalizing with selective buyer concessions. stable
- The 119 median price per square foot, paired with the 1,249 median market rent, indicates ongoing rental demand supporting price resilience; with the rent year-over-year trend reported as up, investors focused on income properties may find market fundamentals supportive, though liquidity is moderated by slower transaction pace. up
- Macro signals show the price year-over-year trend is up while interest rate pressure is elevated, which together suggest upward pricing momentum tempered by financing headwinds; market temperature is expressly reported as neutral, so expect balanced conditions rather than a one-sided market.
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.
Sold below market average
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, 6.50% rate, 1.1% 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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