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Near North United Northwest

INDIANAPOLIS, IN 46208

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

Neighborhoods in ZIP 46208

Near North · United Northwest

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46208) currently shows 142 active listings, with 41 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 58 days last year.

The median listing price has risen 14.2% year-over-year, from $204,725 to $233,750.

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 Context

Market Context

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

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

Market Overview

Active Listings
142
⇧ 0.7% vs 141 last year
Pending
41
29% pending ratio
Median Price
$233,750
⇧ 14.2% vs $204,725 last year
Average Price
$286,281
⇧ 1.5% vs $282,087 last year
Days on Market
61
⇧ 5.2% vs 58 days last year

Price Per Square Foot

Median $/sqft
$146
⇧ 28.1% vs $114/sqft last year
Median Home Size
1,580 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 142 this year vs 141 last year
  • Days on market: 61 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $233,750 (+14.2% YoY)
  • Average: $286,281 (+1.5% 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 — 1,135 listings ($324,012,447 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46208Indianapolis, IN 462080.0 mi131$32,392,632$209,925$247,272
46228Indianapolis, IN 462282.3 mi46$21,176,652$292,000$460,362
46222Indianapolis, IN 462223.1 mi90$16,865,550$165,175$187,395
46218Indianapolis, IN 462184.1 mi160$25,962,080$149,950$162,263
46201Indianapolis, IN 462014.8 mi213$52,394,379$203,700$245,983
46260Indianapolis, IN 462605.1 mi72$39,093,408$304,750$542,964
46225Indianapolis, IN 462255.7 mi59$16,588,145$272,450$281,155
46240Indianapolis, IN 462406.4 mi47$27,216,290$401,175$579,070
46214Indianapolis, IN 462146.6 mi39$9,385,506$239,200$240,654
46219Indianapolis, IN 462197.4 mi115$24,871,855$207,450$216,277
46250Indianapolis, IN 462507.9 mi38$15,298,116$307,425$402,582
46234Indianapolis, IN 462348.2 mi63$31,055,724$309,100$492,948
46241Indianapolis, IN 462418.5 mi62$11,712,110$185,575$188,905

Frequently Asked Questions

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

As of April 2026, there are 142 active listings in INDIANAPOLIS, IN (zip code 46208), compared to 141 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46208 is $233,750 as of April 2026, a 14.2% increase from $204,725 the prior year.

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

Homes in INDIANAPOLIS, IN 46208 spend an average of 61 days on the market before going under contract, compared to 58 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 April 2026, INDIANAPOLIS, IN 46208 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 58 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 46208 save an estimated $4,675 compared to a typical 5% commission on the median listing price of $233,750. 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.