House Prices

Southport Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$206,290
average size per house2097 ft²
average price per ft²104 $ / ft²

04/15/2026 - The value range (VR) for house prices in Southport Indianapolis, IN is $98.8/ sqft to $109.2/ sqft. An average home with 2097 sqft costs approximately $218,372 to $241,358. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46227, while the highest are in ZIP 46227. The average price per sqare feet is $104. Our analysis is based on 19 property listings.

Avergage prices by ZIP codes Southport Indianapolis

46227102 $ / ft²




Historical development of home values in Southport Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $95,805 -53.6%
2011 $92,100 -55.4%
2012 $91,852 -55.5%
2013 $95,285 -53.8%
2014 $100,023 -51.5%
2015 $105,157 -49.0%
2016 $110,645 -46.4%
2017 $116,617 -43.5%
2018 $123,064 -40.3%
2019 $128,770 -37.6%
2020 $135,427 -34.4%
2021 $154,033 -25.3%
2022 $179,568 -13.0%
2023 $189,363 -8.2%
2024 $200,318 -2.9%
2025 $206,290 0.0%

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



Example: 100% financing house in Southport Indianapolis

Loan amount: $206,290

Interest rate: 6.32%

Fixed monthly payment: $1,280.11

Breakdown in the 1st month:
Interest portion: $1,087.15  –  Principal portion: $192.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,977.47 $2,383.82 $203,906.18
2 $12,822.27 $2,539.03 $201,367.15
3 $12,656.97 $2,704.33 $198,662.82
4 $12,480.90 $2,880.40 $195,782.42
5 $12,293.37 $3,067.93 $192,714.50
6 $12,093.63 $3,267.67 $189,446.83
7 $11,880.89 $3,480.41 $185,966.42
8 $11,654.29 $3,707.00 $182,259.42
9 $11,412.95 $3,948.35 $178,311.07
10 $11,155.89 $4,205.41 $174,105.66
11 $10,882.09 $4,479.21 $169,626.45
12 $10,590.47 $4,770.83 $164,855.63
13 $10,279.86 $5,081.43 $159,774.19
14 $9,949.03 $5,412.26 $154,361.93
15 $9,596.66 $5,764.63 $148,597.29
16 $9,221.35 $6,139.94 $142,457.35
17 $8,821.61 $6,539.69 $135,917.66
18 $8,395.84 $6,965.46 $128,952.21
19 $7,942.35 $7,418.95 $121,533.26
20 $7,459.33 $7,901.96 $113,631.30
21 $6,944.87 $8,416.42 $105,214.87
22 $6,396.91 $8,964.38 $96,250.49
23 $5,813.28 $9,548.01 $86,702.48
24 $5,191.65 $10,169.64 $76,532.84
25 $4,529.55 $10,831.74 $65,701.09
26 $3,824.35 $11,536.95 $54,164.14
27 $3,073.23 $12,288.07 $41,876.08
28 $2,273.20 $13,088.09 $28,787.98
29 $1,421.10 $13,940.20 $14,847.78
30 $513.51 $14,847.78 $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 Southport Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$198,954$423,228
Ø fast selling$180,867$380,905
Ø high price sale$217,040$465,551

In 2026, houses in Southport Indianapolis, IN will be offered at an average price of $104 per square foot. A 1,500 sqft home priced at $198,954 is 24.24% more expensive per square foot than a 3,900 sqft home priced at $423,228. Home prices in Southport 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 $293,004. Sellers who can wait longer may achieve a higher price of up to $358,116.


Living in Southport, Indianapolis, IN

Location and Access

The Southport neighborhood in Indianapolis, IN sits on the city?s south side and offers a convenient blend of suburban comfort and urban access.
Commuters value quick connections to I-65 and I-465, putting downtown Indianapolis, Greenwood, and the airport within easy reach.

Homes and Neighborhood Feel

Housing in Southport Indianapolis spans mid-century ranches, newer subdivisions, and budget-friendly apartments on tree-lined streets.
Quiet cul-de-sacs and walkable blocks create a family-friendly vibe with a relaxed pace.

Parks, Schools, and Amenities

Green space is close by at Southport Park and nearby Perry Park, where residents enjoy playgrounds, open fields, and seasonal activities.
The area is served by Perry Township Schools, anchored by Southport High School and Southport Middle School.
Daily errands are simple along the U.S. 31 and Southport Road retail corridors, with Greenwood Park Mall just a short drive south.
Dining options range from classic Hoosier comfort food to global eateries that reflect the Southside?s diverse community.

Community and Lifestyle

Local churches, civic groups, and neighborhood associations foster strong community connections and safety-minded engagement.
For buyers and renters seeking value, convenience, and connectivity, Southport in Indianapolis stands out as a smart place to call home.



FAQ – Home Values in Southport Indianapolis

What is the median home value in Southport Indianapolis in 2026?

In 2026, the typical home value in Southport Indianapolis is about $206,290 for an average home size of 2097 square feet. This corresponds to an average price of roughly $104 per square foot.

What is the average cost per square foot in Southport Indianapolis?

In 2026, homes in Southport Indianapolis sell for an average of around $104 per square foot, with a typical range between $98.8 and $109.2 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Southport?

The average home size in Southport Indianapolis is about 2097 square feet, with an estimated 2026 value around $206,290.



Neighborhoods close to Southport 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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