Mitch's Weekly Market Report

Indianapolis, IN 46208

Single-Family Homes

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


Indianapolis, IN 46208

Tue Oct 27 2026
This week the median list price for Indianapolis, IN 46208 is $199,950 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 120. 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 46208

Tue Oct 27 2026
This week the median list price for Indianapolis, IN 46208 is $199,950 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 120. 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 $199,950
Median Price of New Listings $272,450
Per Square Foot $134
Average Days on Market 113
Median Days on Market 84
Price Decreased 67%
Price Increased 2%
Relisted 8%
Inventory 120
Median Rent
Market Action 33
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. Keep an eye on the Market Action Index for a leading indicator of the duration of this downtrend.

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
$425,000 2,336 6,500 - 8,000 sqft 4 2.5 99 2 1 80
$239,950 1,748 4,500 - 6,500 sqft 3 2 96 0 3 98
$169,950 1,375 4,500 - 6,500 sqft 3 2 106 0 4 80
$119,000 1,401 4,500 - 6,500 sqft 3 1 106 2 3 91