Mitch's Weekly Market Report

Indianapolis, IN 46256

Condos/Townhomes

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


Indianapolis, IN 46256

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46256 is $229,450 with the market action index hovering around 43. This is less than last month's market action index of 50. Inventory has increased to 8. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Indianapolis, IN 46256

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46256 is $229,450 with the market action index hovering around 43. This is less than last month's market action index of 50. Inventory has increased to 8. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $229,450
Median Price of New Listings $0
Per Square Foot $131
Average Days on Market 94
Median Days on Market 74
Price Decreased 38%
Price Increased 0%
Relisted 25%
Inventory 8
Median Rent
Market Action 43
Slight Seller's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$498,450 2,545 0 - 4,500 sqft 3 2.8 31 0 1 108
$232,500 1,679 0 - 4,500 sqft 2 2.5 41 0 0 38
$225,900 1,796 0 - 4,500 sqft 1 1.8 42 0 1 185
$212,499 2,077 - 2 2.3 41 0 0 42