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)
$448,160
$290,745
Year-over-year change
-2.0%
+1.3%
Median list price
$489,967
$296,600
Days on market (median)
32 days
29 days
% of listings with price cut
32.9%
26.4%

What this means for buyers

Phoenix - AZ is roughly 54% more expensive than Indianapolis - IN in typical home value. Phoenix - AZ sees more listings with price cuts (32.9% vs 26.4%), a sign of softening seller expectations.

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Phoenix - AZ vs Dallas - TX Phoenix - AZ vs Philadelphia - PA Phoenix - AZ vs Atlanta - GA
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