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INDIANAPOLIS, IN 46201

Real Estate Market Report  ·  Marion County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
213
⇩ 0.9% vs 215 last year
Pending
36
17% pending ratio
Median Price
$199,900
⇩ 4.8% vs $209,975 last year
Average Price
$226,697
⇩ 9.8% vs $251,207 last year
Days on Market
86
⇧ 13.2% vs 76 days last year

Market Context

Population: 31,680  ·  Density: 2,190.5/mi²  ·  Median household income: $38,848

Typical home value: $122,810  ·  Homeownership: 45.0%

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46201) currently shows 213 active listings, with 36 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 86 days on market compared to 76 days last year.

The median listing price has fallen 4.8% year-over-year, from $209,975 to $199,900.

Whether you are buying or selling in INDIANAPOLIS, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 213 this year vs 215 last year
  • Days on market: 86 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $199,900 (-4.8% YoY)
  • Average: $226,697 (-9.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.2 miles — 1,062 listings ($356,990,025 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46201Indianapolis, IN 462010.0 mi213$48,286,461$199,900$226,697
46204Indianapolis, IN 462042.5 mi45$35,559,225$472,000$790,205
46202Indianapolis, IN 462022.9 mi121$66,768,526$449,100$551,806
46225Indianapolis, IN 462253.6 mi66$17,981,766$250,000$272,451
46107Beech Grove, IN 461074.1 mi47$9,838,275$210,000$209,325
46226Indianapolis, IN 462265.5 mi116$30,181,576$212,700$260,186
46220Indianapolis, IN 462206.5 mi90$37,804,590$349,900$420,051
46227Indianapolis, IN 462276.8 mi147$34,814,157$234,900$236,831
46228Indianapolis, IN 462287.1 mi48$20,278,848$304,000$422,476
46224Indianapolis, IN 462247.9 mi37$9,284,003$245,000$250,919
46216Indianapolis, IN 462168.3 mi10$3,450,610$385,000$345,061
46221Indianapolis, IN 462218.8 mi80$17,659,840$220,000$220,748
46240Indianapolis, IN 462409.2 mi42$25,082,148$395,000$597,194

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46201?

As of January 2026, there are 213 active listings in INDIANAPOLIS, IN (zip code 46201), compared to 215 the prior year.

What is the median home price in INDIANAPOLIS, IN 46201?

The median listing price in INDIANAPOLIS, IN 46201 is $199,900 as of January 2026, a 4.8% decrease from $209,975 the prior year.

How long do homes stay on the market in INDIANAPOLIS, IN?

Homes in INDIANAPOLIS, IN 46201 spend an average of 86 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46201?

Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46201 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 76 days last year.

How much can I save on real estate commission in INDIANAPOLIS, IN?

With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46201 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.