Mitch's Weekly Market Report

Indianapolis, IN 46214

Single-Family Homes

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 $221,500 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has decreased to 10. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indianapolis, IN 46214

Wed Apr 08 2026
This week the median list price for Indianapolis, IN 46214 is $221,500 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has decreased to 10. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $221,500
Median Price of New Listings $179,499
Per Square Foot $147
Average Days on Market 64
Median Days on Market 18
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 61
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$280,000 1,928 0.25 - 0.5 acre 4 2.5 28 0 2 77
$236,500 1,964 0.25 - 0.5 acre 3 1.8 49 0 1 87
$210,000 1,416 0.25 - 0.5 acre 3 2 58 0 1 14
$179,499 1,292 0.25 - 0.5 acre 3 1.5 69 2 1 0