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INDIANAPOLIS, IN 46234

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

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46234) currently shows 63 active listings, with 31 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 54 days on market compared to 30 days last year.

The median listing price has fallen 8% year-over-year, from $330,000 to $303,675.

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 Context

Market Context

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

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

Market Overview

Active Listings
63
⇩ 1.6% vs 64 last year
Pending
31
49% pending ratio
Median Price
$303,675
⇩ 8% vs $330,000 last year
Average Price
$487,888
⇩ 4.9% vs $513,153 last year
Days on Market
54
⇧ 80% vs 30 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 10.1% vs $148/sqft last year
Median Home Size
1,872 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 64 last year
  • Days on market: 54 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $303,675 (-8% YoY)
  • Average: $487,888 (-4.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.1 miles — 1,011 listings ($414,525,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46234Indianapolis, IN 462340.0 mi63$31,055,724$309,100$492,948
46224Indianapolis, IN 462243.9 mi43$10,619,968$240,000$246,976
46112Brownsburg, IN 461124.8 mi113$46,585,719$374,625$412,263
46278Indianapolis, IN 462786.0 mi23$12,569,684$387,475$546,508
46231Indianapolis, IN 462316.2 mi24$6,861,504$262,250$285,896
46228Indianapolis, IN 462287.2 mi46$21,176,652$292,000$460,362
46208Indianapolis, IN 462088.2 mi131$32,392,632$209,925$247,272
46202Indianapolis, IN 462028.9 mi131$68,832,771$461,300$525,441
46204Indianapolis, IN 462049.4 mi52$37,398,972$405,000$719,211
46260Indianapolis, IN 462609.8 mi72$39,093,408$304,750$542,964
46205Indianapolis, IN 4620510.2 mi143$53,616,277$302,950$374,939
46217Indianapolis, IN 4621711.9 mi103$29,687,587$268,175$288,229
46122Danville, IN 4612212.1 mi67$24,634,627$349,224$367,681

Frequently Asked Questions

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

As of March 2026, there are 63 active listings in INDIANAPOLIS, IN (zip code 46234), compared to 64 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46234 is $303,675 as of March 2026, a 8% decrease from $330,000 the prior year.

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

Homes in INDIANAPOLIS, IN 46234 spend an average of 54 days on the market before going under contract, compared to 30 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 March 2026, INDIANAPOLIS, IN 46234 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 54 days on market compared to 30 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 $6,074 compared to a typical 5% commission on the median listing price of $303,675. 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.