Concord
Data as of March 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46227) currently shows 154 active listings, with 52 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 71 days on market compared to 50 days last year.
The median listing price has risen 2.5% year-over-year, from $229,900 to $235,600.
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 March 2026, there are 154 active listings in INDIANAPOLIS, IN (zip code 46227), compared to 128 the prior year.
The median listing price in INDIANAPOLIS, IN 46227 is $235,600 as of March 2026, a 2.5% increase from $229,900 the prior year.
Homes in INDIANAPOLIS, IN 46227 spend an average of 71 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of March 2026, INDIANAPOLIS, IN 46227 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46227 save an estimated $4,712 compared to a typical 5% commission on the median listing price of $235,600. 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.