Mitch's Weekly Market Report

Indianapolis, IN 46202

Condos/Townhomes

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


Indianapolis, IN 46202

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46202 is $365,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 36. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Indianapolis, IN 46202

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46202 is $365,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 36. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $365,000
Median Price of New Listings $399,999
Per Square Foot $281
Average Days on Market 131
Median Days on Market 70
Price Decreased 39%
Price Increased 3%
Relisted 0%
Inventory 36
Median Rent
Market Action 33
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
$599,900 2,374 - 2 2.5 8 0 1 182
$412,000 1,502 - 2 2 19 2 0 49
$325,000 1,225 0 - 4,500 sqft 2 2 45 1 0 56
$245,000 1,000 0 - 4,500 sqft 1 1.5 79 0 0 84