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INDIANAPOLIS, IN 46234

Real Estate Market Report  ·  Marion County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
70
⇧ 89.2% vs 37 last year
Pending
21
30% pending ratio
Median Price
$304,900
⇧ 2.5% vs $297,425 last year
Average Price
$456,019
⇧ 21% vs $376,864 last year
Days on Market
61
⇩ 15.3% vs 72 days last year

Market Context

Population: 27,385  ·  Density: 854.7/mi²  ·  Median household income: $85,108

Typical home value: $202,198  ·  Homeownership: 82.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The INDIANAPOLIS, IN real estate market (46234) currently shows 70 active listings, with 21 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 72 days last year.

The median listing price has risen 2.5% year-over-year, from $297,425 to $304,900.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 37 last year
  • Days on market: 61 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $304,900 (+2.5% YoY)
  • Average: $456,019 (+21% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.1 miles — 970 listings ($390,770,472 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46234Indianapolis, IN 462340.0 mi70$31,921,330$304,900$456,019
46224Indianapolis, IN 462243.9 mi37$9,284,003$245,000$250,919
46112Brownsburg, IN 461124.8 mi106$42,215,878$359,900$398,263
46278Indianapolis, IN 462786.0 mi22$12,711,006$484,900$577,773
46231Indianapolis, IN 462316.2 mi28$7,911,568$264,450$282,556
46228Indianapolis, IN 462287.2 mi48$20,278,848$304,000$422,476
46208Indianapolis, IN 462088.2 mi128$28,949,376$199,450$226,167
46202Indianapolis, IN 462028.9 mi121$66,768,526$449,100$551,806
46204Indianapolis, IN 462049.4 mi45$35,559,225$472,000$790,205
46260Indianapolis, IN 462609.8 mi64$32,620,352$300,000$509,693
46205Indianapolis, IN 4620510.2 mi143$51,351,443$304,950$359,101
46217Indianapolis, IN 4621711.9 mi103$30,839,127$265,000$299,409
46122Danville, IN 4612212.1 mi55$20,359,790$348,900$370,178

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46234?

As of January 2026, there are 70 active listings in INDIANAPOLIS, IN (zip code 46234), compared to 37 the prior year.

What is the median home price in INDIANAPOLIS, IN 46234?

The median listing price in INDIANAPOLIS, IN 46234 is $304,900 as of January 2026, a 2.5% increase from $297,425 the prior year.

How long do homes stay on the market in INDIANAPOLIS, IN?

Homes in INDIANAPOLIS, IN 46234 spend an average of 61 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46234?

Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46234 is currently a Balanced Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 72 days last year.

How much can I save on real estate commission in INDIANAPOLIS, IN?

With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46234 save an estimated $6,098 compared to a typical 5% commission on the median listing price of $304,900. 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.