Mitch's Weekly Market Report

Indianapolis, IN 46218

Single-Family Homes

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


Indianapolis, IN 46218

Sun Jul 05 2026
This week the median list price for Indianapolis, IN 46218 is $147,200 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 160. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Indianapolis, IN 46218

Sun Jul 05 2026
This week the median list price for Indianapolis, IN 46218 is $147,200 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 160. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $147,200
Median Price of New Listings $142,499
Per Square Foot $137
Average Days on Market 99
Median Days on Market 60
Price Decreased 48%
Price Increased 0%
Relisted 4%
Inventory 160
Median Rent
Market Action 34
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
$214,950 1,485 4,500 - 6,500 sqft 3 2 81 2 3 63
$164,900 1,110 4,500 - 6,500 sqft 3 1.3 76 6 2 52
$135,000 945 4,500 - 6,500 sqft 3 1 76 2 4 52
$109,700 893 4,500 - 6,500 sqft 3 1 77 6 4 70