Population: 42,223 · Density: 1,110.9/mi² · Median household income: $75,318
Typical home value: $197,114 · Homeownership: 68.7%
Data as of January 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46237) currently shows 161 active listings, with 44 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 81 days on market compared to 62 days last year.
The median listing price has risen 5.6% year-over-year, from $260,450 to $275,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46237 | Indianapolis, IN 46237 | 0.0 mi | 161 | $50,410,871 | $275,000 | $313,111 |
| 46107 | Beech Grove, IN 46107 | 3.2 mi | 47 | $9,838,275 | $210,000 | $209,325 |
| 46259 | Indianapolis, IN 46259 | 5.0 mi | 55 | $26,658,170 | $379,900 | $484,694 |
| 46143 | Greenwood, IN 46143 | 5.7 mi | 230 | $108,137,720 | $380,000 | $470,164 |
| 46142 | Greenwood, IN 46142 | 6.5 mi | 77 | $26,783,988 | $334,900 | $347,844 |
| 46201 | Indianapolis, IN 46201 | 7.2 mi | 213 | $48,286,461 | $199,900 | $226,697 |
| 46219 | Indianapolis, IN 46219 | 7.8 mi | 111 | $23,959,461 | $197,000 | $215,851 |
| 46221 | Indianapolis, IN 46221 | 8.7 mi | 80 | $17,659,840 | $220,000 | $220,748 |
| 46218 | Indianapolis, IN 46218 | 9.4 mi | 162 | $25,874,802 | $150,000 | $159,721 |
| 46163 | New Palestine, IN 46163 | 9.9 mi | 52 | $21,011,120 | $392,400 | $404,060 |
| 46241 | Indianapolis, IN 46241 | 10.8 mi | 65 | $12,141,545 | $185,000 | $186,793 |
| 46205 | Indianapolis, IN 46205 | 11.2 mi | 143 | $51,351,443 | $304,950 | $359,101 |
| 46110 | Boggstown, IN 46110 | 11.6 mi | 1 | $174,900 | $174,900 | $174,900 |
As of January 2026, there are 161 active listings in INDIANAPOLIS, IN (zip code 46237), compared to 107 the prior year.
The median listing price in INDIANAPOLIS, IN 46237 is $275,000 as of January 2026, a 5.6% increase from $260,450 the prior year.
Homes in INDIANAPOLIS, IN 46237 spend an average of 81 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46237 is currently a Buyer's Market. Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46237 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.