House Prices

Mars Hill Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$106,643
average size per house1479 ft²
average price per ft²73 $ / ft²

04/15/2026 - The value range (VR) for house prices in Mars Hill Indianapolis, IN is $67/ sqft to $71/ sqft. An average home with 1479 sqft costs approximately $99,292 to $105,220. Indianapolis, IN includes 2 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46241, while the highest are in ZIP 46221. The average price per sqare feet is $73. Our analysis is based on 27 property listings.

Avergage prices by ZIP codes Mars Hill Indianapolis

4622171 $ / ft²
4624167 $ / ft²




Historical development of home values in Mars Hill Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $49,527 -53.6%
2011 $47,612 -55.4%
2012 $47,484 -55.5%
2013 $49,258 -53.8%
2014 $51,708 -51.5%
2015 $54,362 -49.0%
2016 $57,198 -46.4%
2017 $60,286 -43.5%
2018 $63,619 -40.3%
2019 $66,569 -37.6%
2020 $70,010 -34.4%
2021 $79,629 -25.3%
2022 $92,829 -13.0%
2023 $97,893 -8.2%
2024 $103,556 -2.9%
2025 $106,643 0.0%

Graph: estimated home values in Mars Hill Indianapolis over time (USD)



Example: 100% financing house in Mars Hill Indianapolis

Loan amount: $106,643

Interest rate: 6.01%

Fixed monthly payment: $640.20

Breakdown in the 1st month:
Interest portion: $534.28  –  Principal portion: $105.92

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,375.76 $1,306.66 $105,336.34
2 $6,295.00 $1,387.42 $103,948.93
3 $6,209.26 $1,473.16 $102,475.76
4 $6,118.21 $1,564.21 $100,911.55
5 $6,021.53 $1,660.89 $99,250.66
6 $5,918.88 $1,763.54 $97,487.13
7 $5,809.89 $1,872.53 $95,614.59
8 $5,694.16 $1,988.26 $93,626.33
9 $5,571.27 $2,111.15 $91,515.18
10 $5,440.79 $2,241.63 $89,273.55
11 $5,302.25 $2,380.17 $86,893.39
12 $5,155.15 $2,527.27 $84,366.11
13 $4,998.95 $2,683.47 $81,682.64
14 $4,833.10 $2,849.32 $78,833.32
15 $4,657.00 $3,025.42 $75,807.89
16 $4,470.01 $3,212.41 $72,595.48
17 $4,271.47 $3,410.95 $69,184.53
18 $4,060.66 $3,621.76 $65,562.77
19 $3,836.82 $3,845.60 $61,717.17
20 $3,599.14 $4,083.28 $57,633.89
21 $3,346.77 $4,335.65 $53,298.24
22 $3,078.81 $4,603.61 $48,694.63
23 $2,794.29 $4,888.13 $43,806.50
24 $2,492.18 $5,190.24 $38,616.26
25 $2,171.40 $5,511.02 $33,105.23
26 $1,830.79 $5,851.63 $27,253.60
27 $1,469.13 $6,213.29 $21,040.32
28 $1,085.12 $6,597.30 $14,443.02
29 $677.38 $7,005.04 $7,437.98
30 $244.44 $7,437.98 $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 Mars Hill Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$132,760$282,417
Ø fast selling$120,691$254,176
Ø high price sale$144,830$310,659

In 2026, houses in Mars Hill Indianapolis, IN will be offered at an average price of $73 per square foot. A 1,500 sqft home priced at $132,760 is 23.05% more expensive per square foot than a 3,900 sqft home priced at $282,417. Home prices in Mars Hill 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 $195,520. Sellers who can wait longer may achieve a higher price of up to $238,968.


Mars Hill, Indianapolis, IN Neighborhood Guide

Overview

Mars Hill is a historic, working-class neighborhood on the southwest side of Indianapolis, IN. It offers a blend of modest single-family homes, long-standing residents, and convenient access to city amenities.

Location & Accessibility

Located near the junction of I-70 and I-465, Mars Hill Indianapolis provides an easy commute to downtown and regional employers. The neighborhood sits a short drive from Indianapolis International Airport and major logistics hubs, appealing to aviation and distribution workers.

Housing & Real Estate

Homebuyers will find primarily ranch-style and bungalow properties, with affordable price points compared to many other Indianapolis neighborhoods. Investors and first-time buyers appreciate steady rental demand and value-focused Mars Hill real estate opportunities.

Amenities & Lifestyle

Residents enjoy neighborhood parks, youth sports fields, and community centers, along with nearby trails and green spaces on the southwest side.
Local dining, everyday shopping, and service businesses line nearby corridors, while larger retail and entertainment options are minutes away in surrounding districts.

Community & Schools

The area has a strong sense of community, with churches, civic groups, and neighborhood associations supporting events and outreach. Families benefit from access to public and charter school options serving the southwest side of Indianapolis, plus quick routes to adult education and workforce training campuses.



FAQ – Home Values in Mars Hill Indianapolis

What is the median home value in Mars Hill Indianapolis in 2026?

In 2026, the typical home value in Mars Hill Indianapolis is about $106,643 for an average home size of 1479 square feet. This corresponds to an average price of roughly $73 per square foot.

What is the average cost per square foot in Mars Hill Indianapolis?

In 2026, homes in Mars Hill Indianapolis sell for an average of around $73 per square foot, with a typical range between $67 and $71 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Mars Hill?

The average home size in Mars Hill Indianapolis is about 1479 square feet, with an estimated 2026 value around $106,643.



Neighborhoods close to Mars Hill 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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