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INDIANAPOLIS, IN 46214

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

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46214) currently shows 55 active listings, with 28 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 29 days on market compared to 38 days last year.

The median listing price has fallen 7% year-over-year, from $224,500 to $208,750.

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

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

Market Overview

Active Listings
55
⇧ 52.8% vs 36 last year
Pending
28
51% pending ratio
Median Price
$208,750
⇩ 7% vs $224,500 last year
Average Price
$220,224
⇩ 7.6% vs $238,244 last year
Days on Market
29
⇩ 23.7% vs 38 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 5.5% vs $145/sqft last year
Median Home Size
1,351 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 36 last year
  • Days on market: 29 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $208,750 (-7% YoY)
  • Average: $220,224 (-7.6% 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 April 2026, there are 55 active listings in INDIANAPOLIS, IN (zip code 46214), compared to 36 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46214 is $208,750 as of April 2026, a 7% decrease from $224,500 the prior year.

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

Homes in INDIANAPOLIS, IN 46214 spend an average of 29 days on the market before going under contract, compared to 38 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 April 2026, INDIANAPOLIS, IN 46214 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 29 days on market compared to 38 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 $4,175 compared to a typical 5% commission on the median listing price of $208,750. 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.