House Prices

North Square Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$172,801
average size per house1514 ft²
average price per ft²123 $ / ft²

04/15/2026 - The value range (VR) for house prices in North Square Indianapolis, IN is $116.85/ sqft to $129.15/ sqft. An average home with 1514 sqft costs approximately $190,180 to $210,199. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46203, while the highest are in ZIP 46203. The average price per sqare feet is $123. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes North Square Indianapolis

46203127 $ / ft²




Historical development of home values in North Square Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $80,252 -53.6%
2011 $77,149 -55.4%
2012 $76,941 -55.5%
2013 $79,817 -53.8%
2014 $83,786 -51.5%
2015 $88,086 -49.0%
2016 $92,683 -46.4%
2017 $97,685 -43.5%
2018 $103,086 -40.3%
2019 $107,866 -37.6%
2020 $113,442 -34.4%
2021 $129,028 -25.3%
2022 $150,417 -13.0%
2023 $158,622 -8.2%
2024 $167,799 -2.9%
2025 $172,801 0.0%

Graph: estimated home values in North Square Indianapolis over time (USD)



Example: 100% financing house in North Square Indianapolis

Loan amount: $172,801

Interest rate: 6.45%

Fixed monthly payment: $1,086.54

Breakdown in the 1st month:
Interest portion: $928.81  â€“  Principal portion: $157.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,088.69 $1,949.84 $170,851.16
2 $10,959.14 $2,079.39 $168,771.78
3 $10,820.99 $2,217.54 $166,554.24
4 $10,673.65 $2,364.88 $164,189.36
5 $10,516.52 $2,522.00 $161,667.35
6 $10,348.96 $2,689.57 $158,977.78
7 $10,170.26 $2,868.27 $156,109.52
8 $9,979.69 $3,058.84 $153,050.68
9 $9,776.45 $3,262.07 $149,788.60
10 $9,559.72 $3,478.81 $146,309.79
11 $9,328.58 $3,709.95 $142,599.84
12 $9,082.09 $3,956.44 $138,643.40
13 $8,819.21 $4,219.31 $134,424.09
14 $8,538.88 $4,499.65 $129,924.44
15 $8,239.92 $4,798.61 $125,125.83
16 $7,921.09 $5,117.44 $120,008.39
17 $7,581.08 $5,457.45 $114,550.94
18 $7,218.48 $5,820.05 $108,730.89
19 $6,831.79 $6,206.74 $102,524.15
20 $6,419.40 $6,619.12 $95,905.03
21 $5,979.62 $7,058.91 $88,846.12
22 $5,510.62 $7,527.91 $81,318.21
23 $5,010.45 $8,028.08 $73,290.13
24 $4,477.05 $8,561.47 $64,728.66
25 $3,908.22 $9,130.31 $55,598.35
26 $3,301.59 $9,736.94 $45,861.41
27 $2,654.65 $10,383.87 $35,477.54
28 $1,964.73 $11,073.79 $24,403.74
29 $1,228.98 $11,809.55 $12,594.19
30 $444.33 $12,594.19 $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 North Square Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$239,989$510,521
Ø fast selling$218,172$459,469
Ø high price sale$261,806$561,573

In 2026, houses in North Square Indianapolis, IN will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $239,989 is 24.72% more expensive per square foot than a 3,900 sqft home priced at $510,521. Home prices in North Square 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 $353,438. Sellers who can wait longer may achieve a higher price of up to $431,980.


Explore North Square, Indianapolis, IN

The North Square neighborhood in Indianapolis, IN sits just southeast of downtown, blending historic charm with an energetic urban feel.

Anchored near Fountain Square and the Cultural Trail, it offers residents quick access to galleries, eateries, and live entertainment.

Location & Vibe

Tree-lined streets and colorful murals give North Square a creative vibe that pairs well with its tight-knit, front-porch culture.

You?ll find locally owned cafés, craft breweries, and indie shops within an easy stroll, creating a walkable, community-first atmosphere.

Housing & Real Estate

Housing in North Square ranges from restored historic cottages and Craftsman bungalows to stylish new infill homes and townhomes.

With rising interest from buyers and investors, the area?s real estate market is competitive, yet still offers attainable options compared to neighboring hot spots.

Lifestyle & Amenities

Pocket parks, nearby fitness studios, and year-round neighborhood events make daily life convenient and connected.

Food lovers appreciate the eclectic dining along Virginia Avenue and Prospect Street, with everything from coffee to chef-driven menus close by.

Getting Around

Commuters enjoy fast access to downtown, I-65/I-70, bike lanes, and IndyGo routes including the Red Line BRT corridor through Fountain Square.

Whether you?re seeking a walkable lifestyle or long-term growth potential, North Square, Indianapolis delivers a balanced blend of convenience, culture, and value.



FAQ – Home Values in North Square Indianapolis

What is the median home value in North Square Indianapolis in 2026?

In 2026, the typical home value in North Square Indianapolis is about $172,801 for an average home size of 1514 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in North Square Indianapolis?

In 2026, homes in North Square Indianapolis sell for an average of around $123 per square foot, with a typical range between $116.85 and $129.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in North Square?

The average home size in North Square Indianapolis is about 1514 square feet, with an estimated 2026 value around $172,801.



Neighborhoods close to North Square 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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