Data as of September 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46231) currently shows 35 active listings, with 11 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 39 days on market compared to 37 days last year.
The median listing price has fallen 8.7% year-over-year, from $294,450 to $268,750.
Population: 11,209 · Density: 370.9/mi² · Median household income: $73,087
Typical home value: $178,128 · Homeownership: 77.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46231 | Indianapolis, IN 46231 | 0.0 mi | 24 | $6,861,504 | $262,250 | $285,896 |
| 46168 | Plainfield, IN 46168 | 4.1 mi | 104 | $41,398,864 | $364,475 | $398,066 |
| 46221 | Indianapolis, IN 46221 | 5.2 mi | 93 | $20,560,719 | $229,000 | $221,083 |
| 46113 | Camby, IN 46113 | 6.0 mi | 61 | $19,521,525 | $297,450 | $320,025 |
| 46224 | Indianapolis, IN 46224 | 6.4 mi | 43 | $10,619,968 | $240,000 | $246,976 |
| 46217 | Indianapolis, IN 46217 | 7.9 mi | 103 | $29,687,587 | $268,175 | $288,229 |
| 46254 | Indianapolis, IN 46254 | 9.3 mi | 90 | $20,447,820 | $221,900 | $227,198 |
| 46202 | Indianapolis, IN 46202 | 9.8 mi | 131 | $68,832,771 | $461,300 | $525,441 |
| 46112 | Brownsburg, IN 46112 | 10.4 mi | 113 | $46,585,719 | $374,625 | $412,263 |
| 46208 | Indianapolis, IN 46208 | 10.8 mi | 131 | $32,392,632 | $209,925 | $247,272 |
| 46228 | Indianapolis, IN 46228 | 11.1 mi | 46 | $21,176,652 | $292,000 | $460,362 |
| 46278 | Indianapolis, IN 46278 | 12.1 mi | 23 | $12,569,684 | $387,475 | $546,508 |
| 46122 | Danville, IN 46122 | 12.2 mi | 67 | $24,634,627 | $349,224 | $367,681 |
As of September 2026, there are 35 active listings in INDIANAPOLIS, IN (zip code 46231), compared to 33 the prior year.
The median listing price in INDIANAPOLIS, IN 46231 is $268,750 as of September 2026, a 8.7% decrease from $294,450 the prior year.
Homes in INDIANAPOLIS, IN 46231 spend an average of 39 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46231 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46231 save an estimated $5,375 compared to a typical 5% commission on the median listing price of $268,750. 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.