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Westside

INDIANAPOLIS, IN 46224

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

Neighborhoods in ZIP 46224

Westside

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46224) currently shows 51 active listings, with 26 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 17 days last year.

The median listing price has fallen 8.8% year-over-year, from $251,000 to $229,000.

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: 39,704  ·  Density: 2,144.0/mi²  ·  Median household income: $49,950

Typical home value: $142,880  ·  Homeownership: 36.9%

Market Overview

Active Listings
51
⇧ 64.5% vs 31 last year
Pending
26
51% pending ratio
Median Price
$229,000
⇩ 8.8% vs $251,000 last year
Average Price
$252,769
⇧ 7.2% vs $235,880 last year
Days on Market
45
⇧ 164.7% vs 17 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 12% vs $150/sqft last year
Median Home Size
1,371 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 31 last year
  • Days on market: 45 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $229,000 (-8.8% YoY)
  • Average: $252,769 (+7.2% 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 10.3 miles — 1,364 listings ($465,938,506 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46224Indianapolis, IN 462240.0 mi43$10,619,968$240,000$246,976
46222Indianapolis, IN 462222.2 mi90$16,865,550$165,175$187,395
46234Indianapolis, IN 462343.9 mi63$31,055,724$309,100$492,948
46208Indianapolis, IN 462084.8 mi131$32,392,632$209,925$247,272
46202Indianapolis, IN 462025.1 mi131$68,832,771$461,300$525,441
46225Indianapolis, IN 462256.2 mi59$16,588,145$272,450$281,155
46205Indianapolis, IN 462056.8 mi143$53,616,277$302,950$374,939
46221Indianapolis, IN 462217.2 mi93$20,560,719$229,000$221,083
46123Avon, IN 461237.9 mi177$69,235,320$352,475$391,160
46260Indianapolis, IN 462608.1 mi72$39,093,408$304,750$542,964
46218Indianapolis, IN 462188.4 mi160$25,962,080$149,950$162,263
46220Indianapolis, IN 462209.3 mi98$39,717,048$336,700$405,276
46168Plainfield, IN 4616810.3 mi104$41,398,864$364,475$398,066

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46224?

As of June 2026, there are 51 active listings in INDIANAPOLIS, IN (zip code 46224), compared to 31 the prior year.

What is the median home price in INDIANAPOLIS, IN 46224?

The median listing price in INDIANAPOLIS, IN 46224 is $229,000 as of June 2026, a 8.8% decrease from $251,000 the prior year.

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

Homes in INDIANAPOLIS, IN 46224 spend an average of 45 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46224?

Based on current inventory and days-on-market data as of June 2026, INDIANAPOLIS, IN 46224 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 17 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 46224 save an estimated $4,580 compared to a typical 5% commission on the median listing price of $229,000. 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.