Phoenix - AZ vs Indianapolis - IN: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ and Indianapolis - IN, IN - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Phoenix - AZ
Indianapolis - IN
Typical home value (ZHVI)
$445,924
$296,033
Year-over-year change
-1.5%
+1.0%
Median list price
$484,333
$305,800
Days on market (median)
38 days
13 days
% of listings with price cut
32.4%
32.8%

What this means for buyers

Phoenix - AZ is roughly 51% more expensive than Indianapolis - IN in typical home value. Homes sit on market longer in Phoenix - AZ (38 days vs 13), suggesting more buyer leverage there.

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Other comparisons

Chicago - IL vs Phoenix - AZ Dallas - TX vs Phoenix - AZ Philadelphia - PA vs Phoenix - AZ
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