Mitch's Weekly Market Report

Indianapolis, IN 46204

Single-Family Homes

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


Current active inventory in Indianapolis, IN 46204 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46204

Fri Oct 09 2026
This week the median list price for Indianapolis, IN 46204 is $495,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 3. 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 Buyer'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 continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Indianapolis, IN 46204

Fri Oct 09 2026
This week the median list price for Indianapolis, IN 46204 is $495,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 3. 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 Buyer'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 continue to fall. 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 $495,000
Median Price of New Listings $0
Per Square Foot $289
Average Days on Market 40
Median Days on Market 21
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 28
Slight Buyer's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$500,000 2,280 0 - 4,500 sqft 3 3.5 24 0 0 91
$495,000 1,657 0 - 4,500 sqft 2 2.5 6 0 0 21
$478,888 1,657 0 - 4,500 sqft 3 2.5 7 0 0 7
$0 0 - NaN 0 NaN 0 0 NaN