Data as of March 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46231) currently shows 28 active listings, with 11 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 36 days on market compared to 51 days last year.
The median listing price has fallen 10.9% year-over-year, from $290,000 to $258,500.
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 March 2026, there are 28 active listings in INDIANAPOLIS, IN (zip code 46231), compared to 19 the prior year.
The median listing price in INDIANAPOLIS, IN 46231 is $258,500 as of March 2026, a 10.9% decrease from $290,000 the prior year.
Homes in INDIANAPOLIS, IN 46231 spend an average of 36 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of March 2026, INDIANAPOLIS, IN 46231 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 36 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46231 save an estimated $5,170 compared to a typical 5% commission on the median listing price of $258,500. 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.