Mitch's Weekly Market Report

Indianapolis, IN 46214

Condos/Townhomes

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


Indianapolis, IN 46214

Wed Apr 08 2026
This week the median list price for Indianapolis, IN 46214 is $185,000 with the market action index hovering around 40. This is less than last month's market action index of 46. Inventory has increased to 11. 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 46214

Wed Apr 08 2026
This week the median list price for Indianapolis, IN 46214 is $185,000 with the market action index hovering around 40. This is less than last month's market action index of 46. Inventory has increased to 11. 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 $185,000
Median Price of New Listings $0
Per Square Foot $153
Average Days on Market 62
Median Days on Market 21
Price Decreased 45%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$207,900 1,408 0 - 4,500 sqft 2 2.5 28 0 1 56
$189,000 1,294 0 - 4,500 sqft 2 2.5 43 0 0 28
$175,000 1,100 0 - 4,500 sqft 2 1.5 39 0 0 21
$154,700 940 0 - 4,500 sqft 2 1.3 40 0 0 10