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City / Town Overview

Indianapolis, IN

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

Market Analysis

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

The Indianapolis, IN real estate market currently shows 3,925 active listings, with 1,485 pending sales. Homes are averaging 46.4 days on the market before going under contract.

Inventory has increased compared to last year, with 540 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46.4 days on market compared to 44.5 days last year.

The median listing price has fallen 1.9% year-over-year, from $275,879 to $270,734.

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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, 46203, 46213, 46214, 46217, 46219, 46220, 46221, 46226, 46227, 46228, 46229

Old Southside: 46206, 46207, 46209, 46225

Trilobi Hills: 46216, 46249

Fayette Street Conservation Area: 46202

Holy Cross: 46204

Watson Park: 46205

Mapleton: 46208

Otterbein: 46218

Venerable Flackville: 46222

Old Speedway: 46224

New Bethel Subdivision: 46239

Sherwood Forest: 46240

St. Joseph: 46244

Ivy Hills: 46250

Area Map

Market Overview

Active Listings
3,925
⇧ 16% vs 3,385 last year
Pending
1,485
38% pending ratio
Median Price
$270,734
⇩ 1.9% vs $275,879 last year
Average Price
$319,038
⇩ 3.9% vs $331,835 last year
Days on Market
46.4
⇧ 4.3% vs 45 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 9.9% vs $150/sqft last year
Median Home Size
1,679 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 %