Mitch's Weekly Market Report

Indianapolis, IN 46254

Condos/Townhomes

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


Indianapolis, IN 46254

Sat Aug 02 2025
This week the median list price for Indianapolis, IN 46254 is $174,900 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has increased to 21. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Indianapolis, IN 46254

Sat Aug 02 2025
This week the median list price for Indianapolis, IN 46254 is $174,900 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has increased to 21. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $174,900
Median Price of New Listings $212,500
Per Square Foot $145
Average Days on Market 65
Median Days on Market 35
Price Decreased 48%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Market Action 47
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$239,450 1,457 4,500 - 6,500 sqft 2 2 41 3 1 3
$200,000 1,297 0 - 4,500 sqft 2 2 37 1 2 21
$150,000 1,061 0 - 4,500 sqft 2 1.5 52 1 0 42
$135,000 993 0 - 4,500 sqft 2 2 38 1 0 112