46240 — Indianapolis, IN home prices
ZIP 46240 is flat, a premium-priced area.
Momentum+0.6%Flat
Vs typical+58%Premium
Rental yield4.9%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2003: $168,064 → today: $370,014 (2.2×)
Typical home value
$370,014
Zillow ZHVI
Since 2003
+120%
Rank in IN
#38
of 698 ZIPs
Median rent
$1,523/mo
4.9% gross yield
Market read
At $370,014, ZIP 46240 in Indianapolis is 58% above the typical IN ZIP ($234,890), ranking #38 of 698.
It sits in Marion County — see full county data →.
Home value history
Zillow ZHVI, yearly.
🏙️ Indianapolis prices🗂️ Marion County data📍 Open in Google Maps📊 All Indiana home prices🔎 ZIP lookup
Other ZIPs in Indianapolis
46278 · 46259 · 46202 · 46256 · 46220 · 46204 · 46250 · 46260
Frequently asked questions
What is the average home value in ZIP code 46240?
The typical home in ZIP 46240 (Indianapolis, IN) is worth $370,014 — 58% above the typical IN ZIP ($234,890).
How have home prices in 46240 changed since 2003?
Home values in ZIP 46240 are +120% versus 2003.
What is the rental yield in ZIP 46240?
Median rent is $1,523/mo, about a 4.9% gross yield.
What county is ZIP 46240 in?
ZIP 46240 is in Marion County.
| Year | ZIP 46240 home value |
|---|---|
| 2003 | $168,064 |
| 2004 | $175,060 |
| 2005 | $178,522 |
| 2006 | $184,927 |
| 2007 | $188,296 |
| 2008 | $183,275 |
| 2009 | $188,748 |
| 2010 | $177,481 |
| 2011 | $172,116 |
| 2012 | $173,076 |
| 2013 | $184,712 |
| 2014 | $192,691 |
| 2015 | $196,643 |
| 2016 | $210,084 |
| 2017 | $227,915 |
| 2018 | $244,138 |
| 2019 | $254,043 |
| 2020 | $277,260 |
| 2021 | $316,647 |
| 2022 | $339,346 |
| 2023 | $345,688 |
| 2024 | $355,845 |
| 2025 | $367,671 |
| 2026 | $370,014 |