Data as of July 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46231) currently shows 29 active listings, with 12 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 49 days on market compared to 23 days last year.
The median listing price has risen 0.6% year-over-year, from $272,750 to $274,475.
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: 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 July 2026, there are 29 active listings in INDIANAPOLIS, IN (zip code 46231), compared to 28 the prior year.
The median listing price in INDIANAPOLIS, IN 46231 is $274,475 as of July 2026, a 0.6% increase from $272,750 the prior year.
Homes in INDIANAPOLIS, IN 46231 spend an average of 49 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of July 2026, INDIANAPOLIS, IN 46231 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46231 save an estimated $5,490 compared to a typical 5% commission on the median listing price of $274,475. 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.