Concord
Data as of September 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46227) currently shows 183 active listings, with 51 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 53 days on market compared to 48 days last year.
The median listing price has risen 1.2% year-over-year, from $242,000 to $245,000.
Population: 56,794 · Density: 1,313.9/mi² · Median household income: $49,032
Typical home value: $177,840 · Homeownership: 44.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46227 | Indianapolis, IN 46227 | 0.0 mi | 149 | $35,421,025 | $229,925 | $237,725 |
| 46217 | Indianapolis, IN 46217 | 3.3 mi | 103 | $29,687,587 | $268,175 | $288,229 |
| 46142 | Greenwood, IN 46142 | 4.5 mi | 79 | $27,651,580 | $339,450 | $350,020 |
| 46225 | Indianapolis, IN 46225 | 4.8 mi | 59 | $16,588,145 | $272,450 | $281,155 |
| 46221 | Indianapolis, IN 46221 | 5.7 mi | 93 | $20,560,719 | $229,000 | $221,083 |
| 46201 | Indianapolis, IN 46201 | 6.8 mi | 213 | $52,394,379 | $203,700 | $245,983 |
| 46239 | Indianapolis, IN 46239 | 7.7 mi | 157 | $52,557,791 | $312,950 | $334,763 |
| 46241 | Indianapolis, IN 46241 | 8.0 mi | 62 | $11,712,110 | $185,575 | $188,905 |
| 46219 | Indianapolis, IN 46219 | 8.7 mi | 115 | $24,871,855 | $207,450 | $216,277 |
| 46218 | Indianapolis, IN 46218 | 9.2 mi | 160 | $25,962,080 | $149,950 | $162,263 |
| 46208 | Indianapolis, IN 46208 | 10.4 mi | 131 | $32,392,632 | $209,925 | $247,272 |
| 46224 | Indianapolis, IN 46224 | 10.6 mi | 43 | $10,619,968 | $240,000 | $246,976 |
| 46229 | Indianapolis, IN 46229 | 11.3 mi | 85 | $20,744,080 | $229,900 | $244,048 |
As of September 2026, there are 183 active listings in INDIANAPOLIS, IN (zip code 46227), compared to 185 the prior year.
The median listing price in INDIANAPOLIS, IN 46227 is $245,000 as of September 2026, a 1.2% increase from $242,000 the prior year.
Homes in INDIANAPOLIS, IN 46227 spend an average of 53 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46227 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 53 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46227 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.