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Watson Park

INDIANAPOLIS, IN 46205

Real Estate Market Report  ·  Marion County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
143
⇧ 24.3% vs 115 last year
Pending
28
20% pending ratio
Median Price
$304,950
⇧ 3.4% vs $295,000 last year
Average Price
$359,101
⇧ 10.2% vs $325,752 last year
Days on Market
89
⇧ 20.3% vs 74 days last year

Market Context

Population: 28,327  ·  Density: 1,752.2/mi²  ·  Median household income: $63,161

Typical home value: $254,256  ·  Homeownership: 52.7%

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46205) currently shows 143 active listings, with 28 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 74 days last year.

The median listing price has risen 3.4% year-over-year, from $295,000 to $304,950.

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: 143 this year vs 115 last year
  • Days on market: 89 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $304,950 (+3.4% YoY)
  • Average: $359,101 (+10.2% 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 8.5 miles — 1,130 listings ($348,131,254 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46205Indianapolis, IN 462050.0 mi143$51,351,443$304,950$359,101
46218Indianapolis, IN 462182.4 mi162$25,874,802$150,000$159,721
46202Indianapolis, IN 462023.4 mi121$66,768,526$449,100$551,806
46201Indianapolis, IN 462014.0 mi213$48,286,461$199,900$226,697
46226Indianapolis, IN 462264.5 mi116$30,181,576$212,700$260,186
46260Indianapolis, IN 462605.3 mi64$32,620,352$300,000$509,693
46219Indianapolis, IN 462195.7 mi111$23,959,461$197,000$215,851
46250Indianapolis, IN 462506.3 mi41$16,780,685$335,000$409,285
46224Indianapolis, IN 462246.8 mi37$9,284,003$245,000$250,919
46216Indianapolis, IN 462167.2 mi10$3,450,610$385,000$345,061
46290Indianapolis, IN 462907.4 mi5$3,658,700$549,900$731,740
46107Beech Grove, IN 461078.0 mi47$9,838,275$210,000$209,325
46256Indianapolis, IN 462568.5 mi60$26,076,360$312,500$434,606

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46205?

As of January 2026, there are 143 active listings in INDIANAPOLIS, IN (zip code 46205), compared to 115 the prior year.

What is the median home price in INDIANAPOLIS, IN 46205?

The median listing price in INDIANAPOLIS, IN 46205 is $304,950 as of January 2026, a 3.4% increase from $295,000 the prior year.

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

Homes in INDIANAPOLIS, IN 46205 spend an average of 89 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46205?

Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46205 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 74 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 46205 save an estimated $6,099 compared to a typical 5% commission on the median listing price of $304,950. 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.