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INDIANAPOLIS, IN 46236

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 (46236) currently shows 83 active listings, with 33 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 48 days last year.

The median listing price has fallen 1% year-over-year, from $359,950 to $356,475.

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.

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Market Context

Market Context

Population: 26,993  ·  Density: 992.9/mi²  ·  Median household income: $107,469

Typical home value: $258,857  ·  Homeownership: 87.5%

Market Overview

Active Listings
83
⇧ 16.9% vs 71 last year
Pending
33
40% pending ratio
Median Price
$356,475
⇩ 1% vs $359,950 last year
Average Price
$483,519
⇩ 18.3% vs $591,881 last year
Days on Market
42
⇩ 12.5% vs 48 days last year

Price Per Square Foot

Median $/sqft
$171
⇧ 5.6% vs $162/sqft last year
Median Home Size
2,378 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 71 last year
  • Days on market: 42 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $356,475 (-1% YoY)
  • Average: $483,519 (-18.3% 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 11.8 miles — 1,011 listings ($379,837,409 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46236Indianapolis, IN 462360.0 mi73$35,611,444$364,750$487,828
46216Indianapolis, IN 462162.8 mi12$4,471,452$385,000$372,621
46235Indianapolis, IN 462353.7 mi106$26,168,220$252,450$246,870
46250Indianapolis, IN 462505.4 mi38$15,298,116$307,425$402,582
46038Fishers, IN 460385.9 mi97$39,008,647$360,000$402,151
46040Fortville, IN 460407.5 mi89$51,969,592$496,999$583,928
46240Indianapolis, IN 462408.3 mi47$27,216,290$401,175$579,070
46280Indianapolis, IN 462808.6 mi16$8,764,192$347,500$547,762
46218Indianapolis, IN 462189.1 mi160$25,962,080$149,950$162,263
46205Indianapolis, IN 462059.9 mi143$53,616,277$302,950$374,939
46154Maxwell, IN 4615410.7 mi1$99,900$99,900$99,900
46260Indianapolis, IN 4626011.2 mi72$39,093,408$304,750$542,964
46239Indianapolis, IN 4623911.8 mi157$52,557,791$312,950$334,763

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46236?

As of March 2026, there are 83 active listings in INDIANAPOLIS, IN (zip code 46236), compared to 71 the prior year.

What is the median home price in INDIANAPOLIS, IN 46236?

The median listing price in INDIANAPOLIS, IN 46236 is $356,475 as of March 2026, a 1% decrease from $359,950 the prior year.

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

Homes in INDIANAPOLIS, IN 46236 spend an average of 42 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46236?

Based on current inventory and days-on-market data as of March 2026, INDIANAPOLIS, IN 46236 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 48 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 46236 save an estimated $7,130 compared to a typical 5% commission on the median listing price of $356,475. 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.