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Kingpark Mapelton (Fall Creek) Martindale (Brightwood) United Northeast

INDIANAPOLIS, IN 46205

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

Neighborhoods in ZIP 46205

Kingpark · Mapelton (Fall Creek) · Martindale (Brightwood) · United Northeast

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46205) currently shows 226 active listings, with 56 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 58 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 49 days last year.

The median listing price has fallen 10.9% year-over-year, from $332,475 to $296,375.

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Market Context

Market Context

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

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

Market Overview

Active Listings
226
⇧ 34.5% vs 168 last year
Pending
56
25% pending ratio
Median Price
$296,375
⇩ 10.9% vs $332,475 last year
Average Price
$333,404
⇩ 9.1% vs $366,972 last year
Days on Market
59
⇧ 20.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 20% vs $140/sqft last year
Median Home Size
1,791 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 226 this year vs 168 last year
  • Days on market: 59 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $296,375 (-10.9% YoY)
  • Average: $333,404 (-9.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.5 miles — 1,152 listings ($361,307,355 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46205Indianapolis, IN 462050.0 mi143$53,616,277$302,950$374,939
46218Indianapolis, IN 462182.4 mi160$25,962,080$149,950$162,263
46202Indianapolis, IN 462023.4 mi131$68,832,771$461,300$525,441
46201Indianapolis, IN 462014.0 mi213$52,394,379$203,700$245,983
46226Indianapolis, IN 462264.5 mi109$27,830,861$209,950$255,329
46260Indianapolis, IN 462605.3 mi72$39,093,408$304,750$542,964
46219Indianapolis, IN 462195.7 mi115$24,871,855$207,450$216,277
46250Indianapolis, IN 462506.3 mi38$15,298,116$307,425$402,582
46224Indianapolis, IN 462246.8 mi43$10,619,968$240,000$246,976
46216Indianapolis, IN 462167.2 mi12$4,471,452$385,000$372,621
46290Indianapolis, IN 462907.4 mi6$3,820,440$549,900$636,740
46107Beech Grove, IN 461078.0 mi51$10,727,952$214,450$210,352
46256Indianapolis, IN 462568.5 mi59$23,767,796$304,450$402,844

Frequently Asked Questions

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

As of September 2026, there are 226 active listings in INDIANAPOLIS, IN (zip code 46205), compared to 168 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46205 is $296,375 as of September 2026, a 10.9% decrease from $332,475 the prior year.

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

Homes in INDIANAPOLIS, IN 46205 spend an average of 59 days on the market before going under contract, compared to 49 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 September 2026, INDIANAPOLIS, IN 46205 is currently a Buyer's Market. Inventory has increased compared to last year, with 58 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 49 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 $5,928 compared to a typical 5% commission on the median listing price of $296,375. 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.