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Data as of April 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46220) currently shows 140 active listings, with 62 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 40 days on market compared to 33 days last year.
The median listing price has fallen 4.7% year-over-year, from $356,000 to $339,300.
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.
Population: 37,102 · Density: 1,220.4/mi² · Median household income: $93,595
Typical home value: $302,372 · Homeownership: 64.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46220 | Indianapolis, IN 46220 | 0.0 mi | 98 | $39,717,048 | $336,700 | $405,276 |
| 46205 | Indianapolis, IN 46205 | 3.1 mi | 143 | $53,616,277 | $302,950 | $374,939 |
| 46226 | Indianapolis, IN 46226 | 3.6 mi | 109 | $27,830,861 | $209,950 | $255,329 |
| 46260 | Indianapolis, IN 46260 | 4.3 mi | 72 | $39,093,408 | $304,750 | $542,964 |
| 46280 | Indianapolis, IN 46280 | 4.8 mi | 16 | $8,764,192 | $347,500 | $547,762 |
| 46216 | Indianapolis, IN 46216 | 5.2 mi | 12 | $4,471,452 | $385,000 | $372,621 |
| 46256 | Indianapolis, IN 46256 | 5.8 mi | 59 | $23,767,796 | $304,450 | $402,844 |
| 46201 | Indianapolis, IN 46201 | 6.5 mi | 213 | $52,394,379 | $203,700 | $245,983 |
| 46268 | Indianapolis, IN 46268 | 6.9 mi | 61 | $15,581,657 | $255,000 | $255,437 |
| 46235 | Indianapolis, IN 46235 | 7.3 mi | 106 | $26,168,220 | $252,450 | $246,870 |
| 46236 | Indianapolis, IN 46236 | 7.6 mi | 73 | $35,611,444 | $364,750 | $487,828 |
| 46033 | Carmel, IN 46033 | 7.8 mi | 80 | $45,447,520 | $529,925 | $568,094 |
| 46254 | Indianapolis, IN 46254 | 8.7 mi | 90 | $20,447,820 | $221,900 | $227,198 |
As of April 2026, there are 140 active listings in INDIANAPOLIS, IN (zip code 46220), compared to 114 the prior year.
The median listing price in INDIANAPOLIS, IN 46220 is $339,300 as of April 2026, a 4.7% decrease from $356,000 the prior year.
Homes in INDIANAPOLIS, IN 46220 spend an average of 40 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of April 2026, INDIANAPOLIS, IN 46220 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46220 save an estimated $6,786 compared to a typical 5% commission on the median listing price of $339,300. 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.