Mitch's Weekly Market Report

Indianapolis, IN 46235

Condos/Townhomes

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


Indianapolis, IN 46235

Wed Aug 19 2026
This week the median list price for Indianapolis, IN 46235 is $70,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has increased 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.

Slight Seller'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 have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Indianapolis, IN 46235

Wed Aug 19 2026
This week the median list price for Indianapolis, IN 46235 is $70,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has increased 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.

Slight Seller'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 have begun moving lower. 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 $70,500
Median Price of New Listings $0
Per Square Foot $67
Average Days on Market 130
Median Days on Market 95
Price Decreased 60%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. 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
$89,900 1,048 - 2 2 53 0 0 42
$73,000 1,048 - 2 1.5 53 0 0 84
$68,000 1,048 - 2 1.5 53 0 0 182
$45,000 1,439 - 2 1 53 0 0 231