Bates-Hendricks, IN Real Estate Market: Home Prices (Oct 2025 to Sep 2026)

From October 2025 to September 2026, 122 home sales were recorded in the Bates-Hendricks Neighborhood Association area, with a median sale price of $309,128, against $229,000 for Marion County (public sales records via STATS Indiana). The area sits across two ZIP Codes: in ZIP Code 46203 the median home went under contract in 40 days in October 2026, and in ZIP Code 46225 it took 33 days (Indiana REALTORS Housing Hub). What that means for a seller depends on their price range and their home's condition.

What we analyzed: home sales recorded in public records for the Bates-Hendricks Neighborhood Association area and Marion County, October 2025 to September 2026, plus Indiana REALTORS Housing Hub figures for ZIP Codes 46203 and 46225 as a whole, October 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.

Bates-Hendricks home prices and days on market

Oct 2025 to Sep 2026

Recorded home sales: 122; Oct 2025 to Sep 2026
Median sale price: $309,128; Oct 2025 to Sep 2026
Median, latest three months: $317,950; Jul to Sep 2026, 16 sales
Marion County median: $229,000; Oct 2025 to Sep 2026

Source: Indiana Department of Local Government Finance sales disclosure data via STATS Indiana (stats.indiana.edu), home sales recorded in Marion County through September 2026; neighborhood boundary from the City of Indianapolis (IndyGIS); addresses located with the U.S. Census Bureau geocoder. Recorded sales include homes sold without a listing.

What have Bates-Hendricks homes sold for over the past year?

From October 2025 to September 2026, 122 home sales were recorded in the Bates-Hendricks Neighborhood Association area, and the median sale price was $309,128. The middle half of sales ran from $199,975 to $370,500. Marion County recorded 14,106 home sales over the same 12 months, with a median of $229,000.

The largest band was $300,000 to $399,999, with 45 sales (37%). Another 30 (25%) were under $200,000, 27 (22%) were from $200,000 to $299,999, 19 (16%) were from $400,000 to $599,999, and 1 sale (1%) was $600,000 and up.

By quarter, the median was $295,000 on 36 sales from October to December 2025, $327,500 on 14 sales from January to March 2026, $307,878 on 56 sales from April to June 2026, and $317,950 on 16 sales from July to September 2026. The same three months a year earlier recorded 27 sales with a median of $212,000. These are recorded home sales from public records, which include homes sold without a listing, and quarters with fewer sales move around more, so use the 12-month figures first.

How do the two ZIP Codes around Bates-Hendricks compare?

They are close on price and different on supply. The neighborhood's boundary crosses ZIP Code 46203 and ZIP Code 46225, and the Housing Hub reports each as a whole, not the neighborhood alone. The median sale price (3-month average, August to October 2026) was $189,950 in ZIP Code 46203 and $182,500 in ZIP Code 46225, which was down 20% from a year earlier as published.

Months of inventory in October 2026 was 5.6 in ZIP Code 46203 and 6.6 in ZIP Code 46225, against 3.7 for Marion County. The map below shows these ZIP Code medians, which are a different group of homes from the neighborhood's recorded sales.

Map of Marion County, Indiana ZIP Codes shaded by median sale price (3-month average), Aug 2026–Oct 2026. Bates-Hendricks: 46203: $190K; 46225: $182K. Other ZIPs: 46107: $200K; 46113: $293K; 46183: too few sales; 46201: $168K; 46202: $465K; 46204: $345K; 46205: $300K; 46208: $235K; 46214: $242K; 46216: too few sales; 46217: $260K; 46218: $121K; 46219: $193K; 46220: $355K; 46221: $225K; 46222: $132K; 46224: $215K; 46226: $160K; 46227: $234K; 46228: $315K; 46229: $239K; 46231: $250K; 46234: $295K; 46235: $220K; 46236: $374K; 46237: $264K; 46239: $308K; 46240: $365K; 46241: $174K; 46250: $332K; 46254: $230K; 46256: $377K; 46259: $398K; 46260: $295K; 46268: $268K; 46278: $454K. — Median sale price (3-month average) by ZIP Code, Aug 2026–Oct 2026. Bates-Hendricks's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

How fast are homes going under contract around Bates-Hendricks?

Public records do not show days on market, so this answer uses the two ZIP Codes as a whole. In October 2026 the median home went under contract in 40 days in ZIP Code 46203 and in 33 days in ZIP Code 46225, against 35 days for Marion County. ZIP Code 46203 was up 45% from a year earlier as published, and ZIP Code 46225 was down 25%.

In the same month, 76 new listings came on the market in ZIP Code 46203 and 14 in ZIP Code 46225, and 65 and 12 new pending contracts were recorded, as published by the Housing Hub.

Map of Marion County, Indiana ZIP Codes shaded by median days on market, October 2026. Bates-Hendricks: 46203: 40 days; 46225: too few sales. Other ZIPs: 46107: 36 days; 46113: 60 days; 46183: too few sales; 46201: 52 days; 46202: 58 days; 46204: too few sales; 46205: 35 days; 46208: 57 days; 46214: 33 days; 46216: too few sales; 46217: 25 days; 46218: 58 days; 46219: 39 days; 46220: 33 days; 46221: 16 days; 46222: 46 days; 46224: 28 days; 46226: 52 days; 46227: 37 days; 46228: 18 days; 46229: 24 days; 46231: 15 days; 46234: 26 days; 46235: 47 days; 46236: 32 days; 46237: 46 days; 46239: 40 days; 46240: 38 days; 46241: 34 days; 46250: 29 days; 46254: 30 days; 46256: 49 days; 46259: 104 days; 46260: 14 days; 46268: 16 days; 46278: 66 days. — Median days on market by ZIP Code, October 2026. Bates-Hendricks's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Are listings around Bates-Hendricks cutting their price?

Many are. In the three weeks to the week of Oct. 26, 2026, 67.1% of listings in ZIP Code 46203 and 67.4% in ZIP Code 46225 had a price decrease, against 60.5% across Marion County.

Homes sold for 90.5% of their original list price in ZIP Code 46203 and 90.1% in ZIP Code 46225, against 94.2% for the county. By the Housing Hub's original-list-price measure, under 96 percent is a buyer's market. That is the call for each ZIP Code as a whole, and a single price range can differ.

Map of Marion County, Indiana ZIP Codes shaded by share of listings with a price decrease, Week of Oct. 26, 2026. Bates-Hendricks: 46203: 67.1%; 46225: 67.4%. Other ZIPs: 46107: 51.6%; 46113: 63.0%; 46183: too few listings; 46201: 65.2%; 46202: 60.3%; 46204: 70.4%; 46205: 65.1%; 46208: 68.5%; 46214: 50.4%; 46216: too few listings; 46217: 63.6%; 46218: 58.0%; 46219: 56.0%; 46220: 61.7%; 46221: 53.2%; 46222: 60.6%; 46224: 46.5%; 46226: 60.7%; 46227: 62.2%; 46228: 52.8%; 46229: 62.8%; 46231: 46.7%; 46234: 69.0%; 46235: 50.9%; 46236: 51.1%; 46237: 61.7%; 46239: 62.1%; 46240: 53.3%; 46241: 47.8%; 46250: 60.5%; 46254: 59.8%; 46256: 60.2%; 46259: 64.2%; 46260: 59.1%; 46268: 47.2%; 46278: 62.0%. — Share of listings with a price decrease by ZIP Code, Week of Oct. 26, 2026. Bates-Hendricks's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Is there more for sale around Bates-Hendricks than a year ago?

An average of 283 homes were for sale in ZIP Code 46203 in October 2026, up 12% from a year earlier as published, and 74 in ZIP Code 46225, up 20%.

Closed sales over the 12 months from November 2025 to October 2026 were 608 in ZIP Code 46203 and 134 in ZIP Code 46225, up 20% as published. These are ZIP Code figures, so they describe the competition a listing meets, not the neighborhood's own sales.

Map of Marion County, Indiana ZIP Codes shaded by months of inventory, October 2026. Bates-Hendricks: 46203: 5.6 mo; 46225: 6.6 mo. Other ZIPs: 46107: 2.2 mo; 46113: 3.6 mo; 46183: too few sales; 46201: 6.5 mo; 46202: 7.9 mo; 46204: 11.8 mo; 46205: 4.6 mo; 46206: too few sales; 46208: 5.0 mo; 46214: 2.8 mo; 46216: 3.8 mo; 46217: 3.1 mo; 46218: 5.2 mo; 46219: 3.7 mo; 46220: 2.3 mo; 46221: 3.0 mo; 46222: 3.7 mo; 46224: 2.4 mo; 46226: 3.1 mo; 46227: 3.4 mo; 46228: 3.1 mo; 46229: 4.0 mo; 46231: 2.8 mo; 46234: 3.0 mo; 46235: 4.0 mo; 46236: 1.9 mo; 46237: 3.4 mo; 46239: 3.6 mo; 46240: 2.5 mo; 46241: 3.1 mo; 46250: 3.3 mo; 46254: 2.6 mo; 46256: 2.3 mo; 46259: 4.8 mo; 46260: 2.8 mo; 46268: 3.2 mo; 46278: 3.3 mo. — Months of inventory by ZIP Code, October 2026. Bates-Hendricks's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Where we stand on Bates-Hendricks price forecasts

Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

Your options for selling a Bates-Hendricks home

There is more than one way to sell a Bates-Hendricks home. We will lay them side by side with your numbers so you can choose.

List on the market

Usually the highest price, if you have time to prepare and show the home.

A local agent walks through your home
Recent sales at your price, side by side
A pricing and preparation plan for your first weeks on the market

Guaranteed sale

For sellers who need to know the home will sell before they make their next move. Conditions apply.

We agree on the price up front
Plan your move around a known outcome

Cash offer

Speed and certainty. Sell as-is, on your timeline.

No repairs or showings
See how a cash price compares with listing

A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.

Who this may not be right for

You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.

We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.

Questions Bates-Hendricks sellers ask us

How long does it take to sell a house in Bates-Hendricks?

In October 2026 the median home went under contract in 40 days in ZIP Code 46203 and in 33 days in ZIP Code 46225, each as a whole (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my Bates-Hendricks home?

We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. The better question is what your plan looks like at today's numbers.

Where do these Bates-Hendricks figures come from?

The sale prices are recorded home sales from public records for the Bates-Hendricks Neighborhood Association area, which include homes sold without a listing. Days on market and price cuts are not in those records, so we use ZIP Code 46203 and ZIP Code 46225 figures for them and label them that way.

How do Bates-Hendricks prices compare with Marion County?

From October 2025 to September 2026 the median recorded sale price in the Bates-Hendricks Neighborhood Association area was $309,128, compared with $229,000 for Marion County, both from public records.

More for Bates-Hendricks sellers

Sources: Indiana Department of Local Government Finance sales disclosure data via STATS Indiana (stats.indiana.edu), home sales recorded in Marion County through September 2026; neighborhood boundary from the City of Indianapolis (IndyGIS); addresses located with the U.S. Census Bureau geocoder. ZIP Codes 46203 and 46225 figures as published by the Indiana REALTORS Housing Hub (data.indianarealtors.com): median days on market, months of inventory and inventory October 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. ZIP areas: U.S. Census Bureau. Maps: OpenStreetMap contributors. Recorded sales include homes sold without a listing.

This page is general information about the Bates-Hendricks market, not an appraisal or a valuation of any specific home.

Bates-Hendricks Real Estate Market: Home Prices and Trends