The 46221 housing market is very competitive. The median sale price of a home in 46221 was $230K last month, up 1.5% since last year. The median sale price per square foot in 46221 is $145, down 8.8% since last year.
In May 2025, 46221 home prices were up 1.5% compared to last year, selling for a median price of $230K. On average, homes in 46221 sell after 17 days on the market compared to 11 days last year. There were 115 homes sold in May this year, up from 98 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,000
+1.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
46221, IN
$230,000
+1.5%
United States
To compare other locations to the 46221 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Indiana add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 46221
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 46221 housing market?
46221 is very competitive. Homes sell in 16 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 46221 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 46221.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
46221 has a minor risk of flooding. 778 properties in 46221 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 46221. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
46221 has a moderate risk of wildfire. There are 32 properties in 46221 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 46221.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
46221 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 46221 is most at risk from hurricanes. 10,493 properties in 46221 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 56 mph.