Mitch's Weekly Market Report

Indianapolis, IN 46204

Single-Family Homes

ToHelpUMove Inc.| 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

Wed Apr 29 2026
This week the median list price for Indianapolis, IN 46204 is $687,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has increased to 2. 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.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Indianapolis, IN 46204

Wed Apr 29 2026
This week the median list price for Indianapolis, IN 46204 is $687,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has increased to 2. 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.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $687,500
Median Price of New Listings $0
Per Square Foot $211
Average Days on Market 126
Median Days on Market 126
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 56
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$800,000 3,438 0 - 4,500 sqft 5 4.5 2 0 0 196
$0 0 - NaN 0 NaN 0 0 NaN
$575,000 3,034 0 - 4,500 sqft 3 2.5 128 0 0 56
$0 0 - NaN 0 NaN 0 0 NaN