Mitch's Weekly Market Report

Indianapolis, IN 46204

Single-Family Homes

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


Indianapolis, IN 46204

Thu Jun 11 2026
This week the median list price for Indianapolis, IN 46204 is $551,250 with the market action index hovering around 30. This is less than last month's market action index of 41. Inventory has increased 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Indianapolis, IN 46204

Thu Jun 11 2026
This week the median list price for Indianapolis, IN 46204 is $551,250 with the market action index hovering around 30. This is less than last month's market action index of 41. Inventory has increased 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $551,250
Median Price of New Listings $0
Per Square Foot $231
Average Days on Market 102
Median Days on Market 77
Price Decreased 75%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$785,000 3,438 0 - 4,500 sqft 5 4.5 2 0 0 238
$565,000 3,034 0 - 4,500 sqft 3 2.5 128 0 0 98
$537,500 2,280 0 - 4,500 sqft 2 3 25 0 0 14
$534,000 2,280 0 - 4,500 sqft 3 3.5 24 0 0 56