Mitch's Weekly Market Report

Indianapolis, IN 46217

Condos/Townhomes

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


Indianapolis, IN 46217

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46217 is $209,900 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has increased to 12. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Indianapolis, IN 46217

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46217 is $209,900 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has increased to 12. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $209,900
Median Price of New Listings $237,900
Per Square Foot $170
Average Days on Market 52
Median Days on Market 25
Price Decreased 58%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$237,900 1,372 4,500 - 6,500 sqft 2 2 26 1 0 14
$210,000 1,218 0 - 4,500 sqft 3 2 24 0 0 91
$199,900 1,118 0 - 4,500 sqft 2 2 25 0 0 28
$134,900 1,143 6,500 - 8,000 sqft 2 1.5 50 0 0 14