Data as of July 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46228) currently shows 57 active listings, with 23 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 56 days on market compared to 38 days last year.
The median listing price has fallen 14.1% year-over-year, from $344,700 to $296,000.
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.
Population: 16,397 · Density: 799.2/mi² · Median household income: $85,272
Typical home value: $222,950 · Homeownership: 81.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46228 | Indianapolis, IN 46228 | 0.0 mi | 46 | $21,176,652 | $292,000 | $460,362 |
| 46260 | Indianapolis, IN 46260 | 3.6 mi | 72 | $39,093,408 | $304,750 | $542,964 |
| 46205 | Indianapolis, IN 46205 | 3.8 mi | 143 | $53,616,277 | $302,950 | $374,939 |
| 46222 | Indianapolis, IN 46222 | 4.1 mi | 90 | $16,865,550 | $165,175 | $187,395 |
| 46202 | Indianapolis, IN 46202 | 4.9 mi | 131 | $68,832,771 | $461,300 | $525,441 |
| 46240 | Indianapolis, IN 46240 | 5.7 mi | 47 | $27,216,290 | $401,175 | $579,070 |
| 46278 | Indianapolis, IN 46278 | 6.0 mi | 23 | $12,569,684 | $387,475 | $546,508 |
| 46214 | Indianapolis, IN 46214 | 6.2 mi | 39 | $9,385,506 | $239,200 | $240,654 |
| 46201 | Indianapolis, IN 46201 | 7.1 mi | 213 | $52,394,379 | $203,700 | $245,983 |
| 46280 | Indianapolis, IN 46280 | 7.5 mi | 16 | $8,764,192 | $347,500 | $547,762 |
| 46226 | Indianapolis, IN 46226 | 7.9 mi | 109 | $27,830,861 | $209,950 | $255,329 |
| 46032 | Carmel, IN 46032 | 8.2 mi | 139 | $115,076,710 | $569,500 | $827,890 |
| 46219 | Indianapolis, IN 46219 | 9.4 mi | 115 | $24,871,855 | $207,450 | $216,277 |
As of July 2026, there are 57 active listings in INDIANAPOLIS, IN (zip code 46228), compared to 45 the prior year.
The median listing price in INDIANAPOLIS, IN 46228 is $296,000 as of July 2026, a 14.1% decrease from $344,700 the prior year.
Homes in INDIANAPOLIS, IN 46228 spend an average of 56 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 46228 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46228 save an estimated $5,920 compared to a typical 5% commission on the median listing price of $296,000. 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.