House Prices

Southwest Hills Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$84,324
average size per house1517 ft²
average price per ft²57 $ / ft²

04/15/2026 - The value range (VR) for house prices in Southwest Hills Indianapolis, IN is $54.15/ sqft to $59.85/ sqft. An average home with 1517 sqft costs approximately $83,789 to $92,609. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46221, while the highest are in ZIP 46221. The average price per sqare feet is $57. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Southwest Hills Indianapolis

4622172 $ / ft²




Historical development of home values in Southwest Hills Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $39,162 -53.6%
2011 $37,647 -55.4%
2012 $37,546 -55.5%
2013 $38,949 -53.8%
2014 $40,886 -51.5%
2015 $42,984 -49.0%
2016 $45,228 -46.4%
2017 $47,669 -43.5%
2018 $50,304 -40.3%
2019 $52,637 -37.6%
2020 $55,358 -34.4%
2021 $62,963 -25.3%
2022 $73,401 -13.0%
2023 $77,405 -8.2%
2024 $81,883 -2.9%
2025 $84,324 0.0%

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



Example: 100% financing house in Southwest Hills Indianapolis

Loan amount: $84,324

Interest rate: 6.12%

Fixed monthly payment: $512.09

Breakdown in the 1st month:
Interest portion: $430.05  –  Principal portion: $82.04

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,132.54 $1,012.53 $83,311.47
2 $5,068.81 $1,076.26 $82,235.21
3 $5,001.06 $1,144.01 $81,091.21
4 $4,929.05 $1,216.02 $79,875.19
5 $4,852.50 $1,292.56 $78,582.63
6 $4,771.14 $1,373.92 $77,208.70
7 $4,684.66 $1,460.41 $75,748.29
8 $4,592.73 $1,552.33 $74,195.96
9 $4,495.02 $1,650.05 $72,545.91
10 $4,391.15 $1,753.91 $70,792.00
11 $4,280.75 $1,864.31 $68,927.69
12 $4,163.40 $1,981.67 $66,946.02
13 $4,038.66 $2,106.40 $64,839.62
14 $3,906.07 $2,238.99 $62,600.62
15 $3,765.14 $2,379.93 $60,220.69
16 $3,615.33 $2,529.74 $57,690.96
17 $3,456.09 $2,688.97 $55,001.98
18 $3,286.83 $2,858.24 $52,143.75
19 $3,106.92 $3,038.15 $49,105.60
20 $2,915.68 $3,229.39 $45,876.21
21 $2,712.40 $3,432.67 $42,443.54
22 $2,496.33 $3,648.74 $38,794.80
23 $2,266.65 $3,878.42 $34,916.38
24 $2,022.52 $4,122.55 $30,793.83
25 $1,763.02 $4,382.05 $26,411.79
26 $1,487.19 $4,657.88 $21,753.91
27 $1,193.99 $4,951.07 $16,802.83
28 $882.34 $5,262.73 $11,540.11
29 $551.07 $5,593.99 $5,946.11
30 $198.95 $5,946.11 $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 Southwest Hills Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$105,525$224,479
Ø fast selling$95,932$202,031
Ø high price sale$115,118$246,927

In 2026, houses in Southwest Hills Indianapolis, IN will be offered at an average price of $57 per square foot. A 1,500 sqft home priced at $105,525 is 23.46% more expensive per square foot than a 3,900 sqft home priced at $224,479. Home prices in Southwest 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 $155,409. Sellers who can wait longer may achieve a higher price of up to $189,944.


Southwest Hills, Indianapolis, IN Neighborhood Guide

Southwest Hills in Indianapolis, IN is a quiet, residential neighborhood known for tree-lined streets and a relaxed suburban feel.
Residents appreciate its convenient position on the city?s southwest side with quick connections to I-465 and I-70 for easy commuting to Downtown Indianapolis.
The area blends single-family homes, tidy yards, and community pride, making Southwest Hills attractive to first-time buyers and long-term homeowners.

Location & Lifestyle

Daily life in Southwest Hills centers on walkable blocks, friendly neighbors, and a pace that feels calm yet well connected.
Nearby shopping centers, essential services, and local eateries put everyday conveniences just minutes from most homes.

Housing & Real Estate

The Southwest Hills housing market features a mix of ranch-style and traditional homes, offering competitive prices compared to many Indianapolis neighborhoods.
Homebuyers searching Southwest Hills Indianapolis homes for sale will find properties with garages, yards, and space for growing households.

Parks, Schools & Commute

Recreation options include access to neighborhood parks, trails, and sports fields in the broader southwest corridor, plus quick trips to White River attractions and citywide greenways.
Families value access to nearby public and private schools and youth programs throughout the southwest side.
With a convenient commute, practical amenities, and a welcoming atmosphere, Southwest Hills stands out as a solid choice for Indianapolis real estate and everyday living.



FAQ – Home Values in Southwest Hills Indianapolis

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

In 2026, the typical home value in Southwest Hills Indianapolis is about $84,324 for an average home size of 1517 square feet. This corresponds to an average price of roughly $57 per square foot.

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

In 2026, homes in Southwest Hills Indianapolis sell for an average of around $57 per square foot, with a typical range between $54.15 and $59.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Southwest Hills?

The average home size in Southwest Hills Indianapolis is about 1517 square feet, with an estimated 2026 value around $84,324.



Neighborhoods close to Southwest 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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