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City / Town Overview

Indianapolis, IN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Indianapolis, IN real estate market currently shows 4,413 active listings, with 1,369 pending sales. Homes are averaging 51.8 days on the market before going under contract.

Inventory has increased compared to last year, with 628 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51.8 days on market compared to 47.7 days last year.

The median listing price has fallen 4.3% year-over-year, from $283,477 to $271,166.

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Market Context

Market Context

Population: 978,291  ·  Density: 1,136.2/mi²  ·  Median household income: $63,770

Typical home value: $188,880  ·  Homeownership: 56.8%

Included Areas

Indianapolis: 46201, 46202, 46203, 46206, 46207, 46209, 46213, 46214, 46216, 46217, 46218, 46219

St. Joseph: 46204, 46244

Watson Park: 46205

Mapleton: 46208

Nora: 46240

Area Map

Market Overview

Active Listings
4,413
⇧ 16.6% vs 3,785 last year
Pending
1,369
31% pending ratio
Median Price
$271,166
⇩ 4.3% vs $283,477 last year
Average Price
$324,467
⇩ 4.1% vs $338,275 last year
Days on Market
51.8
⇧ 8.6% vs 48 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 10.2% vs $148/sqft last year
Median Home Size
1,687 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %