Mitch's Weekly Market Report

Indianapolis, IN 46208

Single-Family Homes

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


Indianapolis, IN 46208

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46208 is $220,000 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 119. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indianapolis, IN 46208

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46208 is $220,000 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 119. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $220,000
Median Price of New Listings $193,450
Per Square Foot $141
Average Days on Market 95
Median Days on Market 42
Price Decreased 53%
Price Increased 0%
Relisted 3%
Inventory 119
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. 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
$428,750 2,170 4,500 - 6,500 sqft 3 2.5 100 3 2 38
$262,450 1,783 4,500 - 6,500 sqft 3 2 96 3 4 42
$187,450 1,381 4,500 - 6,500 sqft 3 1.5 103 4 2 66
$125,000 1,228 4,500 - 6,500 sqft 3 1 106 4 3 35