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City / Town Overview

Indianapolis, IN

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

Market Analysis

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

The Indianapolis, IN real estate market currently shows 4,332 active listings, with 1,523 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 599 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 44.1 days last year.

The median listing price has fallen 3.1% year-over-year, from $284,010 to $275,180.

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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
4,332
⇧ 16% vs 3,733 last year
Pending
1,523
35% pending ratio
Median Price
$275,180
⇩ 3.1% vs $284,010 last year
Average Price
$325,264
⇩ 4.1% vs $339,137 last year
Days on Market
48
⇧ 8.8% vs 44 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 10.6% vs $148/sqft last year
Median Home Size
1,694 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%
⇧ 203.7%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %