Mitch's Weekly Market Report
Indianapolis, IN 46240
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46240
Tue Mar 24 2026
This week the median list price for Indianapolis, IN 46240 is $440,000 with the market action index hovering around 52. This is an increase over last month's market action index of 47. Inventory has increased to 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $440,000 | |
| Median Price of New Listings | $335,000 | |
| Per Square Foot | $247 | |
| Average Days on Market | 30 | |
| Median Days on Market | 11 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median Rent | ||
| Market Action | 52 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $932,450 | 2,721 | 0 - 4,500 sqft | 3 | 2.5 | 40 | 0 | 1 | 77 |
| $545,000 | 2,572 | 6,500 - 8,000 sqft | 3 | 2 | 34 | 0 | 0 | 7 |
| $297,500 | 2,109 | 4,500 - 6,500 sqft | 2 | 2.5 | 42 | 1 | 0 | 7 |
| $215,000 | 890 | - | 2 | 1 | 42 | 0 | 0 | 7 |