Population: 36,544 · Density: 1,012.2/mi² · Median household income: $51,050
Typical home value: $128,676 · Homeownership: 57.7%
Data as of January 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46203) currently shows 229 active listings, with 52 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 92 days on market compared to 77 days last year.
The median listing price has fallen 8.9% year-over-year, from $252,450 to $229,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46203 | Indianapolis, IN 46203 | 0.0 mi | 229 | $65,475,222 | $229,900 | $285,918 |
| 46201 | Indianapolis, IN 46201 | 2.6 mi | 213 | $48,286,461 | $199,900 | $226,697 |
| 46204 | Indianapolis, IN 46204 | 4.0 mi | 45 | $35,559,225 | $472,000 | $790,205 |
| 46237 | Indianapolis, IN 46237 | 4.6 mi | 161 | $50,410,871 | $275,000 | $313,111 |
| 46202 | Indianapolis, IN 46202 | 4.8 mi | 121 | $66,768,526 | $449,100 | $551,806 |
| 46239 | Indianapolis, IN 46239 | 5.2 mi | 144 | $49,339,008 | $314,950 | $342,632 |
| 46217 | Indianapolis, IN 46217 | 6.8 mi | 103 | $30,839,127 | $265,000 | $299,409 |
| 46208 | Indianapolis, IN 46208 | 7.2 mi | 128 | $28,949,376 | $199,450 | $226,167 |
| 46226 | Indianapolis, IN 46226 | 7.5 mi | 116 | $30,181,576 | $212,700 | $260,186 |
| 46259 | Indianapolis, IN 46259 | 8.3 mi | 55 | $26,658,170 | $379,900 | $484,694 |
| 46142 | Greenwood, IN 46142 | 9.1 mi | 77 | $26,783,988 | $334,900 | $347,844 |
| 46235 | Indianapolis, IN 46235 | 9.4 mi | 104 | $26,131,352 | $249,700 | $251,263 |
| 46228 | Indianapolis, IN 46228 | 9.5 mi | 48 | $20,278,848 | $304,000 | $422,476 |
As of January 2026, there are 229 active listings in INDIANAPOLIS, IN (zip code 46203), compared to 204 the prior year.
The median listing price in INDIANAPOLIS, IN 46203 is $229,900 as of January 2026, a 8.9% decrease from $252,450 the prior year.
Homes in INDIANAPOLIS, IN 46203 spend an average of 92 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46203 is currently a Buyer's Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46203 save an estimated $4,598 compared to a typical 5% commission on the median listing price of $229,900. 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.