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INDIANAPOLIS, IN 46254

Real Estate Market Report  ·  Marion County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46254) currently shows 98 active listings, with 46 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 39 days last year.

The median listing price has risen 7.8% year-over-year, from $213,450 to $230,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
98
⇧ 36.1% vs 72 last year
Pending
46
47% pending ratio
Median Price
$230,000
⇧ 7.8% vs $213,450 last year
Average Price
$244,219
⇧ 8.6% vs $224,842 last year
Days on Market
47
⇧ 20.5% vs 39 days last year

Price Per Square Foot

Median $/sqft
$154
⇧ 1.3% vs $152/sqft last year
Median Home Size
1,422 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 72 last year
  • Days on market: 47 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $230,000 (+7.8% YoY)
  • Average: $244,219 (+8.6% 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 9.9 miles — 1,336 listings ($406,903,675 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46254Indianapolis, IN 462540.0 mi90$20,447,820$221,900$227,198
46228Indianapolis, IN 462283.7 mi46$21,176,652$292,000$460,362
46268Indianapolis, IN 462684.0 mi61$15,581,657$255,000$255,437
46214Indianapolis, IN 462144.0 mi39$9,385,506$239,200$240,654
46208Indianapolis, IN 462085.4 mi131$32,392,632$209,925$247,272
46112Brownsburg, IN 461126.1 mi113$46,585,719$374,625$412,263
46205Indianapolis, IN 462057.3 mi143$53,616,277$302,950$374,939
46290Indianapolis, IN 462908.2 mi6$3,820,440$549,900$636,740
46220Indianapolis, IN 462208.7 mi98$39,717,048$336,700$405,276
46123Avon, IN 461239.0 mi177$69,235,320$352,475$391,160
46225Indianapolis, IN 462259.3 mi59$16,588,145$272,450$281,155
46218Indianapolis, IN 462189.4 mi160$25,962,080$149,950$162,263
46201Indianapolis, IN 462019.9 mi213$52,394,379$203,700$245,983

Frequently Asked Questions

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

As of April 2026, there are 98 active listings in INDIANAPOLIS, IN (zip code 46254), compared to 72 the prior year.

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

The median listing price in INDIANAPOLIS, IN 46254 is $230,000 as of April 2026, a 7.8% increase from $213,450 the prior year.

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

Homes in INDIANAPOLIS, IN 46254 spend an average of 47 days on the market before going under contract, compared to 39 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 April 2026, INDIANAPOLIS, IN 46254 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 39 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 $4,600 compared to a typical 5% commission on the median listing price of $230,000. 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.