Mitch's Weekly Market Report

Indianapolis, IN 46203

Condos/Townhomes

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


Indianapolis, IN 46203

Sun Aug 17 2025
This week the median list price for Indianapolis, IN 46203 is $650,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has decreased to 4. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Indianapolis, IN 46203

Sun Aug 17 2025
This week the median list price for Indianapolis, IN 46203 is $650,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has decreased to 4. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $650,000
Median Price of New Listings $0
Per Square Foot $295
Average Days on Market 98
Median Days on Market 91
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 41
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

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
$1,250,000 4,070 - 3 3.5 150 0 1 147
$750,000 2,080 0 - 4,500 sqft 3 2.5 19 0 0 63
$550,000 1,939 0 - 4,500 sqft 3 2 19 0 1 105
$190,000 1,256 - 3 2 19 0 0 77