House Prices

Forest Hills Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$311,174
average size per house2255 ft²
average price per ft²131 $ / ft²

04/15/2026 - The value range (VR) for house prices in Forest Hills Indianapolis, IN is $124.45/ sqft to $137.55/ sqft. An average home with 2255 sqft costs approximately $264,920 to $292,806. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46220, while the highest are in ZIP 46220. The average price per sqare feet is $131. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Forest Hills Indianapolis

46220120 $ / ft²




Historical development of home values in Forest Hills Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $144,515 -53.6%
2011 $138,926 -55.4%
2012 $138,552 -55.5%
2013 $143,731 -53.8%
2014 $150,878 -51.5%
2015 $158,622 -49.0%
2016 $166,900 -46.4%
2017 $175,908 -43.5%
2018 $185,633 -40.3%
2019 $194,241 -37.6%
2020 $204,282 -34.4%
2021 $232,349 -25.3%
2022 $270,866 -13.0%
2023 $285,641 -8.2%
2024 $302,166 -2.9%
2025 $311,174 0.0%

Graph: estimated home values in Forest Hills Indianapolis over time (USD)



Example: 100% financing house in Forest Hills Indianapolis

Loan amount: $311,174

Interest rate: 5.66%

Fixed monthly payment: $1,798.96

Breakdown in the 1st month:
Interest portion: $1,468.74  –  Principal portion: $330.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,520.39 $4,067.16 $307,106.84
2 $17,283.95 $4,303.60 $302,803.24
3 $17,033.77 $4,553.79 $298,249.45
4 $16,769.04 $4,818.51 $293,430.94
5 $16,488.92 $5,098.63 $288,332.31
6 $16,192.52 $5,395.04 $282,937.27
7 $15,878.88 $5,708.67 $277,228.60
8 $15,547.02 $6,040.54 $271,188.07
9 $15,195.86 $6,391.69 $264,796.37
10 $14,824.28 $6,763.27 $258,033.10
11 $14,431.11 $7,156.44 $250,876.66
12 $14,015.08 $7,572.47 $243,304.19
13 $13,574.86 $8,012.69 $235,291.50
14 $13,109.05 $8,478.50 $226,813.01
15 $12,616.17 $8,971.38 $217,841.62
16 $12,094.63 $9,492.92 $208,348.70
17 $11,542.77 $10,044.78 $198,303.92
18 $10,958.83 $10,628.72 $187,675.19
19 $10,340.94 $11,246.61 $176,428.58
20 $9,687.13 $11,900.42 $164,528.16
21 $8,995.32 $12,592.23 $151,935.93
22 $8,263.28 $13,324.27 $138,611.66
23 $7,488.69 $14,098.86 $124,512.80
24 $6,669.07 $14,918.48 $109,594.32
25 $5,801.81 $15,785.75 $93,808.58
26 $4,884.12 $16,703.43 $77,105.15
27 $3,913.09 $17,674.46 $59,430.69
28 $2,885.60 $18,701.95 $40,728.74
29 $1,798.39 $19,789.16 $20,939.58
30 $647.97 $20,939.58 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Forest Hills Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$224,451$477,467
Ø fast selling$204,046$429,721
Ø high price sale$244,855$525,214

In 2026, houses in Forest Hills Indianapolis, IN will be offered at an average price of $131 per square foot. A 1,500 sqft home priced at $224,451 is 21.71% more expensive per square foot than a 3,900 sqft home priced at $477,467. Home prices in Forest Hills Indianapolis, IN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $330,554. Sellers who can wait longer may achieve a higher price of up to $404,011.

FAQ – Home Values in Forest Hills Indianapolis

What is the median home value in Forest Hills Indianapolis in 2026?

In 2026, the typical home value in Forest Hills Indianapolis is about $311,174 for an average home size of 2255 square feet. This corresponds to an average price of roughly $131 per square foot.

What is the average cost per square foot in Forest Hills Indianapolis?

In 2026, homes in Forest Hills Indianapolis sell for an average of around $131 per square foot, with a typical range between $124.45 and $137.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Forest Hills?

The average home size in Forest Hills Indianapolis is about 2255 square feet, with an estimated 2026 value around $311,174.



Neighborhoods close to Forest Hills Indianapolis, IN

Bridgeport Indianapolis, IN108 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
Downtown Goshen Goshen, IN84 $ / ft²
Old Northside Indianapolis, IN189 $ / ft²
Lamb Lake Trafalgar, IN115 $ / ft²
University Park Greenwood, IN113 $ / ft²
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