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City / Town Overview

Indianapolis, IN

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

Market Analysis

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

The Indianapolis, IN real estate market currently shows 4,580 active listings, with 1,187 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 580 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 57 days on market compared to 50.2 days last year.

The median listing price has fallen 3.4% year-over-year, from $275,789 to $266,435.

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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
4,580
⇧ 14.5% vs 4,000 last year
Pending
1,187
26% pending ratio
Median Price
$266,435
⇩ 3.4% vs $275,789 last year
Average Price
$315,120
⇩ 5% vs $331,545 last year
Days on Market
57
⇧ 13.5% vs 50 days last year

Price Per Square Foot

Median $/sqft
$159
⇧ 8.4% vs $147/sqft last year
Median Home Size
1,671 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 %