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INDIANAPOLIS, IN 46254

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

Market Overview

Active Listings
84
⇧ 40% vs 60 last year
Pending
30
36% pending ratio
Median Price
$225,000
⇧ 2.3% vs $219,900 last year
Average Price
$235,732
⇧ 7.8% vs $218,681 last year
Days on Market
52
⇩ 11.9% vs 59 days last year

Market Context

Population: 41,259  ·  Density: 1,265.6/mi²  ·  Median household income: $54,562

Typical home value: $158,603  ·  Homeownership: 45.6%

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46254) currently shows 84 active listings, with 30 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 59 days last year.

The median listing price has risen 2.3% year-over-year, from $219,900 to $225,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 60 last year
  • Days on market: 52 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (+2.3% YoY)
  • Average: $235,732 (+7.8% 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 9.9 miles — 1,299 listings ($380,890,660 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46254Indianapolis, IN 462540.0 mi84$19,801,488$225,000$235,732
46228Indianapolis, IN 462283.7 mi48$20,278,848$304,000$422,476
46268Indianapolis, IN 462684.0 mi59$15,328,436$255,000$259,804
46214Indianapolis, IN 462144.0 mi43$10,323,440$238,500$240,080
46208Indianapolis, IN 462085.4 mi128$28,949,376$199,450$226,167
46112Brownsburg, IN 461126.1 mi106$42,215,878$359,900$398,263
46205Indianapolis, IN 462057.3 mi143$51,351,443$304,950$359,101
46290Indianapolis, IN 462908.2 mi5$3,658,700$549,900$731,740
46220Indianapolis, IN 462208.7 mi90$37,804,590$349,900$420,051
46123Avon, IN 461239.0 mi152$59,035,432$360,000$388,391
46225Indianapolis, IN 462259.3 mi66$17,981,766$250,000$272,451
46218Indianapolis, IN 462189.4 mi162$25,874,802$150,000$159,721
46201Indianapolis, IN 462019.9 mi213$48,286,461$199,900$226,697

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46254?

As of January 2026, there are 84 active listings in INDIANAPOLIS, IN (zip code 46254), compared to 60 the prior year.

What is the median home price in INDIANAPOLIS, IN 46254?

The median listing price in INDIANAPOLIS, IN 46254 is $225,000 as of January 2026, a 2.3% increase from $219,900 the prior year.

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

Homes in INDIANAPOLIS, IN 46254 spend an average of 52 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46254?

Based on current inventory and days-on-market data as of January 2026, INDIANAPOLIS, IN 46254 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 59 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 46254 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.