Population: 22,729 · Density: 1,272.5/mi² · Median household income: $46,693
Typical home value: $160,679 · Homeownership: 52.2%
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46208 | Indianapolis, IN 46208 | 0.0 mi | 128 | $28,949,376 | $199,450 | $226,167 |
| 46228 | Indianapolis, IN 46228 | 2.3 mi | 48 | $20,278,848 | $304,000 | $422,476 |
| 46222 | Indianapolis, IN 46222 | 3.1 mi | 93 | $16,824,723 | $162,500 | $180,911 |
| 46218 | Indianapolis, IN 46218 | 4.1 mi | 162 | $25,874,802 | $150,000 | $159,721 |
| 46201 | Indianapolis, IN 46201 | 4.8 mi | 213 | $48,286,461 | $199,900 | $226,697 |
| 46260 | Indianapolis, IN 46260 | 5.1 mi | 64 | $32,620,352 | $300,000 | $509,693 |
| 46225 | Indianapolis, IN 46225 | 5.7 mi | 66 | $17,981,766 | $250,000 | $272,451 |
| 46240 | Indianapolis, IN 46240 | 6.4 mi | 42 | $25,082,148 | $395,000 | $597,194 |
| 46214 | Indianapolis, IN 46214 | 6.6 mi | 43 | $10,323,440 | $238,500 | $240,080 |
| 46219 | Indianapolis, IN 46219 | 7.4 mi | 111 | $23,959,461 | $197,000 | $215,851 |
| 46250 | Indianapolis, IN 46250 | 7.9 mi | 41 | $16,780,685 | $335,000 | $409,285 |
| 46234 | Indianapolis, IN 46234 | 8.2 mi | 70 | $31,921,330 | $304,900 | $456,019 |
| 46241 | Indianapolis, IN 46241 | 8.5 mi | 65 | $12,141,545 | $185,000 | $186,793 |
As of January 2026, there are 128 active listings in INDIANAPOLIS, IN (zip code 46208), compared to 107 the prior year.
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.
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.
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.
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.