Data as of September 2026. Source: Realtor.com.
The INDIANAPOLIS, IN real estate market (46240) currently shows 71 active listings, with 25 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
The median listing price has risen 3.3% year-over-year, from $388,375 to $401,188.
Population: 20,123 · Density: 793.7/mi² · Median household income: $63,317
Typical home value: $295,960 · Homeownership: 45.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46240 | Indianapolis, IN 46240 | 0.0 mi | 47 | $27,216,290 | $401,175 | $579,070 |
| 46290 | Indianapolis, IN 46290 | 2.8 mi | 6 | $3,820,440 | $549,900 | $636,740 |
| 46250 | Indianapolis, IN 46250 | 2.9 mi | 38 | $15,298,116 | $307,425 | $402,582 |
| 46032 | Carmel, IN 46032 | 4.8 mi | 139 | $115,076,710 | $569,500 | $827,890 |
| 46205 | Indianapolis, IN 46205 | 5.5 mi | 143 | $53,616,277 | $302,950 | $374,939 |
| 46268 | Indianapolis, IN 46268 | 5.8 mi | 61 | $15,581,657 | $255,000 | $255,437 |
| 46226 | Indianapolis, IN 46226 | 6.0 mi | 109 | $27,830,861 | $209,950 | $255,329 |
| 46216 | Indianapolis, IN 46216 | 6.7 mi | 12 | $4,471,452 | $385,000 | $372,621 |
| 46218 | Indianapolis, IN 46218 | 7.0 mi | 160 | $25,962,080 | $149,950 | $162,263 |
| 46254 | Indianapolis, IN 46254 | 8.7 mi | 90 | $20,447,820 | $221,900 | $227,198 |
| 46235 | Indianapolis, IN 46235 | 9.2 mi | 106 | $26,168,220 | $252,450 | $246,870 |
| 46201 | Indianapolis, IN 46201 | 9.2 mi | 213 | $52,394,379 | $203,700 | $245,983 |
| 46222 | Indianapolis, IN 46222 | 9.4 mi | 90 | $16,865,550 | $165,175 | $187,395 |
As of September 2026, there are 71 active listings in INDIANAPOLIS, IN (zip code 46240), compared to 58 the prior year.
The median listing price in INDIANAPOLIS, IN 46240 is $401,188 as of September 2026, a 3.3% increase from $388,375 the prior year.
Homes in INDIANAPOLIS, IN 46240 spend an average of 55 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46240 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46240 save an estimated $8,024 compared to a typical 5% commission on the median listing price of $401,188. 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.