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Mapleton

INDIANAPOLIS, IN 46208

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

Market Overview

Active Listings
128
⇧ 19.6% vs 107 last year
Pending
31
24% pending ratio
Median Price
$199,450
⇩ 8.1% vs $217,000 last year
Average Price
$226,167
⇩ 29.2% vs $319,247 last year
Days on Market
78
vs 78 days last year

Market Context

Population: 22,729  ·  Density: 1,272.5/mi²  ·  Median household income: $46,693

Typical home value: $160,679  ·  Homeownership: 52.2%

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46208) currently shows 128 active listings, with 31 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

The median listing price has fallen 8.1% year-over-year, from $217,000 to $199,450.

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: 128 this year vs 107 last year
  • Days on market: 78 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $199,450 (-8.1% YoY)
  • Average: $226,167 (-29.2% 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 — 1,146 listings ($311,024,937 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46208Indianapolis, IN 462080.0 mi128$28,949,376$199,450$226,167
46228Indianapolis, IN 462282.3 mi48$20,278,848$304,000$422,476
46222Indianapolis, IN 462223.1 mi93$16,824,723$162,500$180,911
46218Indianapolis, IN 462184.1 mi162$25,874,802$150,000$159,721
46201Indianapolis, IN 462014.8 mi213$48,286,461$199,900$226,697
46260Indianapolis, IN 462605.1 mi64$32,620,352$300,000$509,693
46225Indianapolis, IN 462255.7 mi66$17,981,766$250,000$272,451
46240Indianapolis, IN 462406.4 mi42$25,082,148$395,000$597,194
46214Indianapolis, IN 462146.6 mi43$10,323,440$238,500$240,080
46219Indianapolis, IN 462197.4 mi111$23,959,461$197,000$215,851
46250Indianapolis, IN 462507.9 mi41$16,780,685$335,000$409,285
46234Indianapolis, IN 462348.2 mi70$31,921,330$304,900$456,019
46241Indianapolis, IN 462418.5 mi65$12,141,545$185,000$186,793

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46208?

As of January 2026, there are 128 active listings in INDIANAPOLIS, IN (zip code 46208), compared to 107 the prior year.

What is the median home price in INDIANAPOLIS, IN 46208?

The median listing price in INDIANAPOLIS, IN 46208 is $199,450 as of January 2026, a 8.1% decrease from $217,000 the prior year.

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

Homes in INDIANAPOLIS, IN 46208 spend an average of 78 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46208?

Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46208 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46208 save an estimated $3,989 compared to a typical 5% commission on the median listing price of $199,450. 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.