Condos/Townhomes
Thu May 07 2026
This week the median list price for Indianapolis, IN 46225 is $397,000 with the market action index hovering around 25. This is an increase over last month's market action index of 22. Inventory has decreased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
| Median List Price | $397,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $185 | |
| Average Days on Market | 180 | |
| Median Days on Market | 109 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 4 | |
| Median Rent | ||
| Market Action | 25 | |
| Slight Buyer's Advantage | ||
We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $425,000 | 2,285 | 0 - 4,500 sqft | 2 | 2 | 21 | 0 | 1 | 469 |
| $405,000 | 0 | 4,500 - 6,500 sqft | NaN | 0 | 109 | 0 | 0 | 105 |
| $389,000 | 2,435 | 0 - 4,500 sqft | 3 | 2 | 21 | 0 | 0 | 35 |
| $380,000 | 1,874 | - | 2 | 2 | 114 | 0 | 0 | 112 |