Mitch's Weekly Market Report

Indianapolis, IN 46226

Condos/Townhomes

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


Indianapolis, IN 46226

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46226 is $221,950 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 10. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Indianapolis, IN 46226

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46226 is $221,950 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 10. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $221,950
Median Price of New Listings $0
Per Square Foot $148
Average Days on Market 79
Median Days on Market 60
Price Decreased 60%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 41
Slight Seller's Advantage

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
$285,000 1,847 0 - 4,500 sqft 2 2.5 47 0 1 21
$238,950 1,626 - 2 2 36 0 0 59
$200,000 1,413 - 2 2 48 0 0 91
$110,200 1,297 - 3 1.8 58 0 0 192