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INDIANAPOLIS, IN 46259

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The INDIANAPOLIS, IN real estate market (46259) currently shows 75 active listings, with 22 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 64 days on market compared to 68 days last year.

The median listing price has fallen 6.1% year-over-year, from $418,750 to $393,000.

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Market Context

Market Context

Population: 14,944  ·  Density: 254.3/mi²  ·  Median household income: $123,173

Typical home value: $300,024  ·  Homeownership: 96.0%

Market Overview

Active Listings
75
⇧ 17.2% vs 64 last year
Pending
22
29% pending ratio
Median Price
$393,000
⇩ 6.1% vs $418,750 last year
Average Price
$469,984
⇩ 1.3% vs $475,990 last year
Days on Market
64
⇩ 5.9% vs 68 days last year

Price Per Square Foot

Median $/sqft
$155
⇧ 6.9% vs $145/sqft last year
Median Home Size
2,743 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 64 last year
  • Days on market: 64 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $393,000 (-6.1% YoY)
  • Average: $469,984 (-1.3% 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 13.6 miles — 967 listings ($359,295,580 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46259Indianapolis, IN 462590.0 mi57$27,265,266$417,500$478,338
46239Indianapolis, IN 462395.0 mi157$52,557,791$312,950$334,763
46163New Palestine, IN 461636.9 mi43$17,560,125$388,250$408,375
46110Boggstown, IN 461107.4 mi2$800,000$400,000$400,000
46184Whiteland, IN 461847.8 mi69$23,055,936$297,450$334,144
46130Fountaintown, IN 461308.2 mi9$2,717,964$292,500$301,996
46229Indianapolis, IN 462299.5 mi85$20,744,080$229,900$244,048
46142Greenwood, IN 4614210.3 mi79$27,651,580$339,450$350,020
46217Indianapolis, IN 4621711.1 mi103$29,687,587$268,175$288,229
46204Indianapolis, IN 4620412.3 mi52$37,398,972$405,000$719,211
46131Franklin, IN 4613112.7 mi87$30,462,789$326,175$350,147
46202Indianapolis, IN 4620213.1 mi131$68,832,771$461,300$525,441
46221Indianapolis, IN 4622113.6 mi93$20,560,719$229,000$221,083

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46259?

As of September 2026, there are 75 active listings in INDIANAPOLIS, IN (zip code 46259), compared to 64 the prior year.

What is the median home price in INDIANAPOLIS, IN 46259?

The median listing price in INDIANAPOLIS, IN 46259 is $393,000 as of September 2026, a 6.1% decrease from $418,750 the prior year.

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

Homes in INDIANAPOLIS, IN 46259 spend an average of 64 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46259?

Based on current inventory and days-on-market data as of September 2026, INDIANAPOLIS, IN 46259 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 68 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 46259 save an estimated $7,860 compared to a typical 5% commission on the median listing price of $393,000. 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.