Mitch's Weekly Market Report

Indianapolis, IN 46203

Single-Family Homes

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


Indianapolis, IN 46203

Fri Jun 12 2026
This week the median list price for Indianapolis, IN 46203 is $239,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 211. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Indianapolis, IN 46203

Fri Jun 12 2026
This week the median list price for Indianapolis, IN 46203 is $239,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 211. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $239,000
Median Price of New Listings $230,000
Per Square Foot $174
Average Days on Market 95
Median Days on Market 49
Price Decreased 50%
Price Increased 0%
Relisted 7%
Inventory 211
Median Rent
Market Action 38
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark and have had an upward price trend over the last few weeks. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$410,000 2,152 0 - 4,500 sqft 3 3 101 6 2 42
$270,000 1,540 4,500 - 6,500 sqft 3 2 106 4 5 49
$199,900 1,144 4,500 - 6,500 sqft 3 1.5 91 4 5 42
$147,400 1,007 4,500 - 6,500 sqft 3 1 88 7 6 77