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INDIANAPOLIS, IN 46214

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

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46214) currently shows 62 active listings, with 23 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 35 days last year.

The median listing price has fallen 1% year-over-year, from $245,750 to $243,225.

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Market Context

Market Context

Population: 23,108  ·  Density: 1,195.7/mi²  ·  Median household income: $53,970

Typical home value: $165,514  ·  Homeownership: 47.6%

Market Overview

Active Listings
62
⇧ 12.7% vs 55 last year
Pending
23
37% pending ratio
Median Price
$243,225
⇩ 1% vs $245,750 last year
Average Price
$245,690
⇧ 0.4% vs $244,612 last year
Days on Market
52
⇧ 48.6% vs 35 days last year

Price Per Square Foot

Median $/sqft
$148
⇩ 4.5% vs $155/sqft last year
Median Home Size
1,570 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 55 last year
  • Days on market: 52 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $243,225 (-1% YoY)
  • Average: $245,690 (+0.4% 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 11.0 miles — 1,145 listings ($365,944,408 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46214Indianapolis, IN 462140.0 mi39$9,385,506$239,200$240,654
46234Indianapolis, IN 462342.3 mi63$31,055,724$309,100$492,948
46254Indianapolis, IN 462544.0 mi90$20,447,820$221,900$227,198
46231Indianapolis, IN 462315.3 mi24$6,861,504$262,250$285,896
46228Indianapolis, IN 462286.2 mi46$21,176,652$292,000$460,362
46202Indianapolis, IN 462026.8 mi131$68,832,771$461,300$525,441
46278Indianapolis, IN 462787.1 mi23$12,569,684$387,475$546,508
46221Indianapolis, IN 462217.4 mi93$20,560,719$229,000$221,083
46268Indianapolis, IN 462687.9 mi61$15,581,657$255,000$255,437
46168Plainfield, IN 461688.9 mi104$41,398,864$364,475$398,066
46201Indianapolis, IN 462019.7 mi213$52,394,379$203,700$245,983
46218Indianapolis, IN 4621810.2 mi160$25,962,080$149,950$162,263
46220Indianapolis, IN 4622011.0 mi98$39,717,048$336,700$405,276

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46214?

As of September 2026, there are 62 active listings in INDIANAPOLIS, IN (zip code 46214), compared to 55 the prior year.

What is the median home price in INDIANAPOLIS, IN 46214?

The median listing price in INDIANAPOLIS, IN 46214 is $243,225 as of September 2026, a 1% decrease from $245,750 the prior year.

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

Homes in INDIANAPOLIS, IN 46214 spend an average of 52 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46214?

Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46214 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 35 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 46214 save an estimated $4,865 compared to a typical 5% commission on the median listing price of $243,225. 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.