Mitch's Weekly Market Report

Indianapolis, IN 46240

Single-Family Homes

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


Indianapolis, IN 46240

Tue Oct 13 2026
This week the median list price for Indianapolis, IN 46240 is $452,500 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 36. 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 46240

Tue Oct 13 2026
This week the median list price for Indianapolis, IN 46240 is $452,500 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 36. 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 $452,500
Median Price of New Listings $379,900
Per Square Foot $207
Average Days on Market 86
Median Days on Market 63
Price Decreased 47%
Price Increased 3%
Relisted 14%
Inventory 36
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$1,250,000 4,191 0.5 - 1 acre 4 3.5 40 0 0 98
$535,000 3,258 0.5 - 1 acre 3 2.5 65 0 0 70
$384,900 2,066 0.5 - 1 acre 3 2.5 55 5 2 0
$255,000 1,344 0.25 - 0.5 acre 2 2 72 0 0 42