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Bridgewater Carefree Estates Geist Woods Loma Industrial Park Marina Village Masthead Sail Place Windermere Pointe Windjammer Bay

INDIANAPOLIS, IN 46256

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

Neighborhoods in ZIP 46256

Bridgewater · Carefree Estates · Geist Woods · Loma Industrial Park · Marina Village · Masthead · Sail Place · Windermere Pointe · Windjammer Bay

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46256) currently shows 104 active listings, with 35 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 36 days last year.

The median listing price has risen 3.1% year-over-year, from $366,000 to $377,450.

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Market Context

Market Context

Population: 22,373  ·  Density: 775.1/mi²  ·  Median household income: $83,330

Typical home value: $256,352  ·  Homeownership: 72.0%

Market Overview

Active Listings
104
⇧ 22.4% vs 85 last year
Pending
35
34% pending ratio
Median Price
$377,450
⇧ 3.1% vs $366,000 last year
Average Price
$469,051
⇩ 18% vs $572,158 last year
Days on Market
52
⇧ 44.4% vs 36 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 1.8% vs $166/sqft last year
Median Home Size
2,190 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 104 this year vs 85 last year
  • Days on market: 52 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $377,450 (+3.1% YoY)
  • Average: $469,051 (-18% 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 10.9 miles — 1,319 listings ($498,564,943 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46256Indianapolis, IN 462560.0 mi59$23,767,796$304,450$402,844
46216Indianapolis, IN 462162.8 mi12$4,471,452$385,000$372,621
46038Fishers, IN 460384.2 mi97$39,008,647$360,000$402,151
46235Indianapolis, IN 462355.1 mi106$26,168,220$252,450$246,870
46220Indianapolis, IN 462205.8 mi98$39,717,048$336,700$405,276
46240Indianapolis, IN 462405.9 mi47$27,216,290$401,175$579,070
46033Carmel, IN 460336.4 mi80$45,447,520$529,925$568,094
46218Indianapolis, IN 462188.3 mi160$25,962,080$149,950$162,263
46205Indianapolis, IN 462058.5 mi143$53,616,277$302,950$374,939
46260Indianapolis, IN 462608.9 mi72$39,093,408$304,750$542,964
46040Fortville, IN 460409.5 mi89$51,969,592$496,999$583,928
46201Indianapolis, IN 4620110.6 mi213$52,394,379$203,700$245,983
46062Noblesville, IN 4606210.9 mi143$69,732,234$451,778$487,638

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46256?

As of September 2026, there are 104 active listings in INDIANAPOLIS, IN (zip code 46256), compared to 85 the prior year.

What is the median home price in INDIANAPOLIS, IN 46256?

The median listing price in INDIANAPOLIS, IN 46256 is $377,450 as of September 2026, a 3.1% increase from $366,000 the prior year.

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

Homes in INDIANAPOLIS, IN 46256 spend an average of 52 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46256?

Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46256 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 36 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 46256 save an estimated $7,549 compared to a typical 5% commission on the median listing price of $377,450. 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.