Mitch's Weekly Market Report

Indianapolis, IN 46202

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Indianapolis, IN 46202

Fri Aug 01 2025
This week the median list price for Indianapolis, IN 46202 is $382,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 32. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Indianapolis, IN 46202

Fri Aug 01 2025
This week the median list price for Indianapolis, IN 46202 is $382,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 32. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $382,000
Median Price of New Listings $412,500
Per Square Foot $281
Average Days on Market 144
Median Days on Market 81
Price Decreased 47%
Price Increased 0%
Relisted 0%
Inventory 32
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$604,900 1,973 - 2 2.3 3 0 2 206
$449,100 1,586 - 2 2.3 13 1 0 108
$316,950 1,173 0 - 4,500 sqft 2 2 74 1 1 42
$239,500 1,052 6,500 - 8,000 sqft 1 1.5 49 0 1 73