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INDIANAPOLIS, IN 46224

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

Market Overview

Active Listings
37
⇧ 19.4% vs 31 last year
Pending
10
27% pending ratio
Median Price
$245,000
⇩ 8% vs $266,225 last year
Average Price
$250,919
⇩ 3.2% vs $259,252 last year
Days on Market
56
⇩ 15.2% vs 66 days last year

Market Context

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

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

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46224) currently shows 37 active listings, with 10 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 66 days last year.

The median listing price has fallen 8% year-over-year, from $266,225 to $245,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 31 last year
  • Days on market: 56 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $245,000 (-8% YoY)
  • Average: $250,919 (-3.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.3 miles — 1,310 listings ($438,605,319 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46224Indianapolis, IN 462240.0 mi37$9,284,003$245,000$250,919
46222Indianapolis, IN 462222.2 mi93$16,824,723$162,500$180,911
46234Indianapolis, IN 462343.9 mi70$31,921,330$304,900$456,019
46208Indianapolis, IN 462084.8 mi128$28,949,376$199,450$226,167
46202Indianapolis, IN 462025.1 mi121$66,768,526$449,100$551,806
46225Indianapolis, IN 462256.2 mi66$17,981,766$250,000$272,451
46205Indianapolis, IN 462056.8 mi143$51,351,443$304,950$359,101
46221Indianapolis, IN 462217.2 mi80$17,659,840$220,000$220,748
46123Avon, IN 461237.9 mi152$59,035,432$360,000$388,391
46260Indianapolis, IN 462608.1 mi64$32,620,352$300,000$509,693
46218Indianapolis, IN 462188.4 mi162$25,874,802$150,000$159,721
46220Indianapolis, IN 462209.3 mi90$37,804,590$349,900$420,051
46168Plainfield, IN 4616810.3 mi104$42,529,136$365,000$408,934

Frequently Asked Questions

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

As of January 2026, there are 37 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 $245,000 as of January 2026, a 8% decrease from $266,225 the prior year.

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

Homes in INDIANAPOLIS, IN 46224 spend an average of 56 days on the market before going under contract, compared to 66 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 January 2026, INDIANAPOLIS, IN 46224 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 66 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 $4,900 compared to a typical 5% commission on the median listing price of $245,000. 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.