Mitch's Weekly Market Report
Indianapolis, IN 46240
Single-Family Homes
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 $414,500 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has increased to 22.
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 | $414,500 | |
| Median Price of New Listings | $330,000 | |
| Per Square Foot | $228 | |
| Average Days on Market | 69 | |
| Median Days on Market | 53 | |
| Price Decreased | 27% | |
| Price Increased | 5% | |
| Relisted | 5% | |
| Inventory | 22 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $1,175,000 | 3,309 | 0.5 - 1 acre | 4 | 3.3 | 75 | 0 | 1 | 45 |
| $479,990 | 2,080 | 0.25 - 0.5 acre | 3 | 3 | 35 | 1 | 0 | 21 |
| $344,950 | 1,571 | 0.25 - 0.5 acre | 3 | 1.8 | 69 | 1 | 1 | 38 |
| $225,000 | 1,156 | 6,500 - 8,000 sqft | 2 | 2 | 91 | 1 | 1 | 91 |