Mitch's Weekly Market Report

Indianapolis, IN 46205

Single-Family Homes

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


Indianapolis, IN 46205

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46205 is $299,999 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 136. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Indianapolis, IN 46205

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46205 is $299,999 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 136. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $299,999
Median Price of New Listings $286,950
Per Square Foot $179
Average Days on Market 88
Median Days on Market 56
Price Decreased 60%
Price Increased 3%
Relisted 4%
Inventory 136
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$542,450 2,977 4,500 - 6,500 sqft 4 2.8 98 3 2 49
$370,000 2,297 4,500 - 6,500 sqft 3 2.5 110 3 3 73
$276,500 1,543 4,500 - 6,500 sqft 3 2 102 5 1 52
$214,900 1,077 4,500 - 6,500 sqft 3 1 96 3 7 52