Concord
Data as of July 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46227) currently shows 203 active listings, with 71 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 44 days on market compared to 38 days last year.
The median listing price has fallen 4.3% year-over-year, from $258,100 to $247,075.
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: 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 July 2026, there are 203 active listings in INDIANAPOLIS, IN (zip code 46227), compared to 150 the prior year.
The median listing price in INDIANAPOLIS, IN 46227 is $247,075 as of July 2026, a 4.3% decrease from $258,100 the prior year.
Homes in INDIANAPOLIS, IN 46227 spend an average of 44 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of July 2026, INDIANAPOLIS, IN 46227 is currently a Buyer's Market. Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46227 save an estimated $4,942 compared to a typical 5% commission on the median listing price of $247,075. 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.