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Holly Hills · Indianapolis · Perry Township

Homes for Sale in Holly Hills, Indianapolis

A mid-1970s neighborhood with a median sale near $235,500. Here is what homes sell for, how long they take, and what to check first.

The Holly Hills market right nowSingle-family closings · 12 months through August 2026
28Sales, last 12 monthsPrior 12 months: 20
$235,500Median sale priceWas $239,250 the year before
16Median days on marketWas 40 the year before
97.1%Of list price, average54% sold at or above list
Middle 80% of sales ran $218,500 to $289,930; median $158 per living sq ft on a median 1,552 sq ft. “Last 12 months” is September 2025 through August 2026; the year before is September 2024 through August 2025. At 28 sales a year, one or two big closings move the median, so I pull actual comparables for any specific house. Source: MIBOR Broker Listing Cooperative, single-family closings with the MLS subdivision name Holly Hills, pulled October 3, 2026.

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The honest version

What Holly Hills Is Actually Like

Holly Hills is in Perry Township, in the Perry Township Schools per MLS records. The homes that sold here in the last two years were mostly built between 1973 and 1976, a mix of one-story and two-story homes.

The MLS shows 28 closings in the last 12 months against 20 the year before, at a median of $235,500, down from $239,250. Homes went under contract in a median of 16 days, down from 40, and closed at 97.1% of list on average, with 54% closing at or above list.

Holly Hills's median sale was $235,500, down from $239,250. The middle 80% of sales ran $218,500 to $289,930 (MIBOR).

What you are actually buying: a smaller house, usually around 1,552 square feet and more than 40 years old. What you are giving up: a newer house. These homes were built in the mid-1970s, so ask what has been replaced and price the rest.

Live listings

Browse Holly Hills Homes by Price

Every search below is live MLS data. Save one and you'll get new matches by email the morning they list.

How it breaks down

What to Know Before You Buy in Holly Hills

Dues, size range and a thin sample.

Dues and amenities

Association dues are not part of the MLS data behind this page, so I am not quoting a number. Ask the listing agent for the current dues and what they cover, then confirm with the association itself.

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A wide size range

Homes here ran from about 1,132 to 1,989 square feet in the last two years, so a price per square foot of $158 is a better comparison than the sale price alone.

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Build years

Homes here were built between about 1973 and 1976, so check the year built of any comparable you rely on.

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A small sample

At 28 sales in 12 months, one or two unusual closings can move the median. I pull actual comparables for any specific house.

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Schools & the ballot

Perry Township Schools

Holly Hills sales in the MLS list Perry Township Schools as the district. Which elementary, middle and high school an address feeds into can change with boundary updates, so confirm the assignment for the specific address with the district.

The ballot

Voters first approved an operating referendum in May 2015 and renewed it in May 2022 for eight years at about 42 cents per $100 of assessed value, roughly $19.3 million a year. That rate is already on the tax bill. I found no Perry Township Schools question on the November 3, 2026 ballot, though the state list I checked may not be complete. Referendum rates sit outside the 1% cap.

Living here

The Drive, Taxes & Fit

The drive

Drive your actual commute at your actual start time before you commit.

Taxes

Indiana caps homestead property tax at 1% of gross assessed value under the circuit breaker, so most owner-occupants land at or near that figure before any voter-approved referendum rate, which sits outside the cap. Rentals and second homes are capped at 2% and should be modeled separately. Marion County's local income tax is 2.02%, per the Indiana Department of Revenue's county rate notice effective October 1, 2026. Confirm assessments with the Marion County Assessor.

Who Holly Hills is wrong for

If you want a larger house, compare McFarland Farms, where the median home was about 2,042 square feet. If you want a newer house, see The Villages of Cobblestone. For all of Perry Township, see my Perry Township guide.

Questions I get weekly

Buying in Holly Hills

What do homes in Holly Hills sell for?

The median single-family sale in Holly Hills was $235,500 over the 12 months through August 2026, on 28 closings, and the middle 80% of sales ran $218,500 to $289,930 (MIBOR BLC).

How fast do Holly Hills homes sell?

The median was 16 days on market over the last 12 months, against 40 the year before, and 54% of homes closed at or above list price.

How much are Holly Hills HOA dues?

Dues are not part of the MLS data behind this page. Ask the listing agent and confirm with the association.

What school district serves Holly Hills?

Perry Township Schools in MLS records. Confirm the specific school assignment for the address with the district.

When were homes in Holly Hills built?

Most homes that sold in the last two years were built between 1973 and 1976, with a median build year of 1975.

Is there a school referendum near Holly Hills?

Voters first approved an operating referendum in May 2015 and renewed it in May 2022 for eight years at about 42 cents per $100 of assessed value, roughly $19.3 million a year. That rate is already on the tax bill. I found no Perry Township Schools question on the November 3, 2026 ballot, though the state list I checked may not be complete. Referendum rates sit outside the 1% cap.

Your Realtor

Thinking About Holly Hills? Let's Talk.

I'm Wes Johnston, a Realtor with Trueblood Real Estate, based in Fishers. I cover the whole Indianapolis metro, and every guide on this site is built the same way: MIBOR numbers, public sources, and the trade-offs a listing description won't mention.

My job isn't to open doors. It's to tell you what a house is actually worth, what's wrong with it, and whether it's the right move for what you're trying to do — then negotiate hard on your behalf and own the process from contract to close.

If you're two years out, that's fine. Most of my best clients started with a question, not a showing.

Wes Johnston
REALTOR® · Trueblood Real Estate · License #RB18001276

Fishers-based. Honest numbers, every part of the metro. Committed to your success.

For buyers

See Holly Hills Listings the Day They List

About 28 homes sold here in the last year. A saved search gets you each new Holly Hills listing the morning it hits the market.

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For sellers

What's Your Holly Hills Home Worth?

Not a national algorithm guessing from square footage. A real valuation based on what's actually selling near you, from someone who has been inside those houses.