House Prices

Park Forest Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$236,606
average size per house2256 ft²
average price per ft²106 $ / ft²

04/15/2026 - The value range (VR) for house prices in Park Forest Indianapolis, IN is $100.7/ sqft to $111.3/ sqft. An average home with 2256 sqft costs approximately $229,451 to $253,604. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46217, while the highest are in ZIP 46217. The average price per sqare feet is $106. Our analysis is based on 22 property listings.

Avergage prices by ZIP codes Park Forest Indianapolis

46217108 $ / ft²




Historical development of home values in Park Forest Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $109,884 -53.6%
2011 $105,635 -55.4%
2012 $105,350 -55.5%
2013 $109,288 -53.8%
2014 $114,722 -51.5%
2015 $120,610 -49.0%
2016 $126,905 -46.4%
2017 $133,754 -43.5%
2018 $141,149 -40.3%
2019 $147,694 -37.6%
2020 $155,329 -34.4%
2021 $176,670 -25.3%
2022 $205,957 -13.0%
2023 $217,192 -8.2%
2024 $229,756 -2.9%
2025 $236,606 0.0%

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



Example: 100% financing house in Park Forest Indianapolis

Loan amount: $236,606

Interest rate: 6.06%

Fixed monthly payment: $1,427.71

Breakdown in the 1st month:
Interest portion: $1,194.86  –  Principal portion: $232.85

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,259.39 $2,873.16 $233,732.84
2 $14,080.36 $3,052.19 $230,680.65
3 $13,890.17 $3,242.38 $227,438.28
4 $13,688.14 $3,444.41 $223,993.86
5 $13,473.51 $3,659.04 $220,334.82
6 $13,245.51 $3,887.04 $216,447.78
7 $13,003.30 $4,129.25 $212,318.52
8 $12,746.00 $4,386.55 $207,931.97
9 $12,472.66 $4,659.89 $203,272.08
10 $12,182.30 $4,950.25 $198,321.83
11 $11,873.84 $5,258.71 $193,063.11
12 $11,546.16 $5,586.39 $187,476.72
13 $11,198.06 $5,934.49 $181,542.23
14 $10,828.27 $6,304.28 $175,237.95
15 $10,435.44 $6,697.11 $168,540.83
16 $10,018.13 $7,114.42 $161,426.41
17 $9,574.82 $7,557.73 $153,868.68
18 $9,103.88 $8,028.67 $145,840.01
19 $8,603.60 $8,528.95 $137,311.05
20 $8,072.14 $9,060.41 $128,250.65
21 $7,507.57 $9,624.98 $118,625.67
22 $6,907.82 $10,224.73 $108,400.95
23 $6,270.70 $10,861.85 $97,539.10
24 $5,593.88 $11,538.67 $86,000.43
25 $4,874.88 $12,257.66 $73,742.76
26 $4,111.09 $13,021.46 $60,721.30
27 $3,299.70 $13,832.85 $46,888.45
28 $2,437.75 $14,694.80 $32,193.64
29 $1,522.09 $15,610.46 $16,583.18
30 $549.37 $16,583.18 $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 Park Forest Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$194,314$413,359
Ø fast selling$176,649$372,023
Ø high price sale$211,979$454,695

In 2026, houses in Park Forest Indianapolis, IN will be offered at an average price of $106 per square foot. A 1,500 sqft home priced at $194,314 is 23.23% more expensive per square foot than a 3,900 sqft home priced at $413,359. Home prices in Park Forest 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 $286,172. Sellers who can wait longer may achieve a higher price of up to $349,766.


Park Forest, Indianapolis, IN Neighborhood Guide

Park Forest is a welcoming neighborhood in Indianapolis, IN, known for a peaceful residential vibe within Marion County.
Homebuyers explore Park Forest for a blend of established homes, mature trees, and convenient access to everyday essentials. The community?s suburban feel appeals to residents who value quiet streets while remaining connected to city amenities.

Homes and Lifestyle

Park Forest real estate typically features single-family homes with varied architectural styles and competitive Indianapolis pricing. Local shopping, dining, and services are a short drive away, making errands simple for busy households. Outdoor lovers appreciate proximity to neighborhood green spaces and recreation options across the Indianapolis parks system.

Amenities, Schools, and Commute

Families often look at area school options and youth programs that serve Park Forest and surrounding communities. Commuters benefit from access to major thoroughfares that link Park Forest with downtown Indianapolis and regional employment hubs. Residents also enjoy community events and nearby attractions that showcase Indy?s sports, arts, and dining scene.

If you are researching homes for sale in Park Forest Indianapolis, connect with a local real estate expert to get neighborhood insights, market trends, and up-to-date listings.



FAQ – Home Values in Park Forest Indianapolis

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

In 2026, the typical home value in Park Forest Indianapolis is about $236,606 for an average home size of 2256 square feet. This corresponds to an average price of roughly $106 per square foot.

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

In 2026, homes in Park Forest Indianapolis sell for an average of around $106 per square foot, with a typical range between $100.7 and $111.3 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Park Forest?

The average home size in Park Forest Indianapolis is about 2256 square feet, with an estimated 2026 value around $236,606.



Neighborhoods close to Park Forest 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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