Mitch's Weekly Market Report

Indianapolis, IN 46217

Condos/Townhomes

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


Indianapolis, IN 46217

Sat Oct 03 2026
This week the median list price for Indianapolis, IN 46217 is $207,400 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 6. 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 Buyer's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Indianapolis, IN 46217

Sat Oct 03 2026
This week the median list price for Indianapolis, IN 46217 is $207,400 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 6. 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 Buyer's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $207,400
Median Price of New Listings $0
Per Square Foot $119
Average Days on Market 102
Median Days on Market 109
Price Decreased 33%
Price Increased 0%
Relisted 33%
Inventory 6
Median Rent
Market Action 29
Slight Buyer's Advantage

Prices in this zip code seem to be pulling gently back from its high-point. This week prices slid a notch further down. We’re still near the high point of the market so we’ll keep an eye on the Market Action Index to anticipate any more significant down shifts in pricing.

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
$213,500 1,841 0 - 4,500 sqft 3 2.5 20 0 0 147
$209,900 1,721 0 - 4,500 sqft 3 2.5 21 0 0 7
$189,950 1,513 0 - 4,500 sqft 2 2.5 23 0 0 115
$134,900 1,152 - 2 1.5 45 0 0 77