Mitch's Weekly Market Report

Indianapolis, IN 46218

Single-Family Homes

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


Indianapolis, IN 46218

Thu Apr 24 2025
This week the median list price for Indianapolis, IN 46218 is $159,837 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 118. 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 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 46218

Thu Apr 24 2025
This week the median list price for Indianapolis, IN 46218 is $159,837 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 118. 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 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 $159,837
Median Price of New Listings $189,900
Per Square Foot $134
Average Days on Market 74
Median Days on Market 49
Price Decreased 47%
Price Increased 6%
Relisted 2%
Inventory 118
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$225,000 1,752 6,500 - 8,000 sqft 3 2 74 6 3 70
$175,000 1,276 4,500 - 6,500 sqft 3 1 75 4 5 42
$147,700 1,051 6,500 - 8,000 sqft 3 1 76 1 1 38
$115,000 925 4,500 - 6,500 sqft 2 1 76 2 9 45