Mitch's Weekly Market Report

Indianapolis, IN 46203

Single-Family Homes

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


Indianapolis, IN 46203

Mon Oct 26 2026
This week the median list price for Indianapolis, IN 46203 is $219,200 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 248. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indianapolis, IN 46203

Mon Oct 26 2026
This week the median list price for Indianapolis, IN 46203 is $219,200 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 248. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $219,200
Median Price of New Listings $189,500
Per Square Foot $167
Average Days on Market 109
Median Days on Market 77
Price Decreased 60%
Price Increased 0%
Relisted 3%
Inventory 248
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$387,450 2,240 0 - 4,500 sqft 3 2.5 100 2 8 70
$255,000 1,600 4,500 - 6,500 sqft 3 2 93 4 7 77
$191,500 1,078 4,500 - 6,500 sqft 3 2 103 3 4 91
$132,400 912 4,500 - 6,500 sqft 2 1 84 5 8 77