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3-digit ZIP regional index

Home appreciation in ZIP codes 462xxIndianapolis, IN area

FHFA HPI® data shows the regional home price index for ZIP codes beginning with 462 changed +1.7% over the year to Q2 2026, compared with +4.6% for Indiana and +3.0% for the United States.

The region covers ZIP codes 46201–46290. Most of its 2010 population lived in Marion County (97%). Communities in the region include Lawrence, Speedway, Cumberland, Plainfield, Carmel. This is a regional index, not a ZIP5, street, or individual-home estimate.

1-year change
+1.7%

Year to Q2 2026

5-year change
+37.2%

vs U.S. +41.3%

Since Q1 1995
+216%

vs U.S. +292%

National rank (1 year)
692nd

of 882 ZIP3 regions

ZIP3 462 vs Indiana and the U.S.

FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026

1002003004001995200020052010201520202025
  • ZIP3 462: 315.8
  • Indiana: 319.8
  • Indianapolis-Carmel-Greenwood, IN metro: 319.6
  • United States: 391.6

Want a different starting year? Rebase this chart or compare with another ZIP3.

Appreciation by time window

Percent change in the regional index to Q2 2026; gaps are percentage points
WindowZIP3 462INU.S.Gap vs INGap vs U.S.
1 year+1.7%+4.6%+3.0%−2.9 pts−1.3 pts
3 years+9.3%+16.2%+12.9%−7.0 pts−3.6 pts
5 years+37.2%+46.7%+41.3%−9.4 pts−4.1 pts
10 years+103%+104%+93.3%−0.9 pts+9.4 pts
Since Q1 1995+216%+220%+292%−4.0 pts−75.7 pts

If you bought in ZIP3 462 in…

Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.

Bought inIndex change$300,000 then, at the regional rate
Q2 1995+210%$930,371
Q2 2000+157%$772,012
Q2 2005+119%$656,884
Q2 2010+129%$687,534
Q2 2015+111%$632,166
Q2 2020+56.3%$468,869
Q2 2021+37.2%$411,684
Q2 2023+9.3%$327,851
Q2 2025+1.7%$305,150

How ZIP3 462 ranks

Over the past year ZIP3 462 ranks 692nd of 882 3-digit ZIP regions nationally and 20th of 20 in Indiana. Its one-year change is −1.3 pts versus the nation and −2.9 pts versus Indiana. Rank 1 is the strongest appreciation.

WindowNational rankRank in Indiana
1 year692nd of 88220th of 20
3 years737th of 88220th of 20
5 years672nd of 88220th of 20
10 years275th of 88210th of 20
Since Q1 1995699th of 87910th of 20

Boom, bust, and recovery in ZIP3 462

ZIP3 462's index peaked in Q1 2007, fell 8.4% to its low in Q2 2011, and regained its peak in Q1 2015, about 8 years after the top. Today it sits +115% versus that 2000s peak. How every state and ZIP region fared

Area2000s peakLow pointPeak to lowBack to peakToday vs peak
ZIP3 462Q1 2007Q2 2011-8.4%Q1 2015 (8 yrs)+115%
INQ1 2008Q2 2011-7.3%Q3 2015 (7.5 yrs)+110%
MetroQ1 2008Q2 2011-7.3%Q1 2015 (7 yrs)+118%
U.S.Q1 2007Q2 2012-19.0%Q4 2016 (9.8 yrs)+89.3%

Appreciation after inflation

Adjusting for consumer price inflation, ZIP3 462's index has changed +42.6% in real terms since Q1 1995. Home prices vs inflation

WindowInflation (CPI-U)ZIP3 462 after inflationIN after inflationMetro after inflationU.S. after inflation
1 year+3.9%-2.1%+0.7%-0.4%-0.8%
3 years+9.8%-0.5%+5.8%+2.7%+2.8%
5 years+24.0%+10.6%+18.3%+15.9%+13.9%
10 years+39.1%+45.8%+46.4%+48.6%+39.0%
Since Q1 1995+121%+42.6%+44.5%+44.4%+76.8%

Estimate appreciation for a home in ZIP3 462

Estimate regional appreciation

Regional estimate

$608,223

Estimated gain
$308,223
Index change
+103%
Start index
155.78
End index
315.83

ZIP3 462 (Indianapolis, IN area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.

About this estimate. This calculator is an independent tool that applies the publicly available FHFA House Price Index® (FHFA HPI®) to a value you enter. The FHFA HPI® is a 3-digit ZIP (regional) index that measures average price movement across a broad area - it is not specific to any individual property, and the result is not an appraisal, tax assessment, lender valuation, or guaranteed market value. zipappreciation.com is not affiliated with or endorsed by the FHFA. Source: Federal Housing Finance Agency, FHFA HPI® (fhfa.gov).

Nearby 3-digit ZIP regions

3-digit ZIP regionState1 year5 yearsSince Q1 1995
461 · Greenwood, IN areaIN+3.2%+45.8%+213%
460 · Carmel, IN areaIN+6.5%+55.0%+236%
473 · Muncie, IN areaIN+9.0%+54.4%+205%
472 · Columbus, IN areaIN+2.9%+44.0%+212%
474 · Bloomington, IN areaIN+2.1%+38.3%+252%
469 · Kokomo, IN areaIN+5.2%+52.4%+206%

Recent quarterly index values

FHFA HPI® values for ZIP3 462 (original FHFA base, Q1 1995 = 100). Index type: Native 3-Digit ZIP index.
PeriodIndex
Q2 2026315.83
Q1 2026316.01
Q4 2025315.51
Q3 2025311.35
Q2 2025310.50
Q1 2025304.26
Q4 2024305.48
Q3 2024299.09
Q2 2024298.88
Q1 2024290.74
Q4 2023289.02
Q3 2023291.18

Frequently asked questions

How much have home prices risen in ZIP codes starting with 462?
Based on FHFA HPI® data for 3-digit ZIP region 462, the regional index changed +1.7% over the year to Q2 2026, +37.2% over five years, +103% over ten years, and +216% since Q1 1995.
Is ZIP3 462 appreciating faster than Indiana and the U.S.?
Over the past year the region's index +1.7% compares with +4.6% for Indiana and +3.0% for the U.S., a gap of −1.3 pts versus the nation. Over five years the gap versus the nation is −4.1 pts.
Which ZIP codes are in 3-digit ZIP region 462?
All ZIP codes that begin with 462. Census 2010 ZIP Code Tabulation Areas in this region run from 46201 to 46290 (37 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
Can I use this to value my home?
No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.