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Westside

INDIANAPOLIS, IN 46224

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

Neighborhoods in ZIP 46224

Westside

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46224) currently shows 45 active listings, with 17 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 31 days last year.

The median listing price has fallen 3.7% year-over-year, from $243,999 to $235,000.

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
45
⇧ 87.5% vs 24 last year
Pending
17
38% pending ratio
Median Price
$235,000
⇩ 3.7% vs $243,999 last year
Average Price
$241,835
⇩ 3.9% vs $251,625 last year
Days on Market
43
⇧ 38.7% vs 31 days last year

Price Per Square Foot

Median $/sqft
$167
⇧ 12.8% vs $148/sqft last year
Median Home Size
1,267 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 24 last year
  • Days on market: 43 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $235,000 (-3.7% YoY)
  • Average: $241,835 (-3.9% 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 March 2026, there are 45 active listings in INDIANAPOLIS, IN (zip code 46224), compared to 24 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46224 is $235,000 as of March 2026, a 3.7% decrease from $243,999 the prior year.

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

Homes in INDIANAPOLIS, IN 46224 spend an average of 43 days on the market before going under contract, compared to 31 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 March 2026, INDIANAPOLIS, IN 46224 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 31 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 $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.