Mitch's Weekly Market Report

Indianapolis, IN 46226

Condos/Townhomes

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


Indianapolis, IN 46226

Fri May 01 2026
This week the median list price for Indianapolis, IN 46226 is $187,450 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 12. 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Indianapolis, IN 46226

Fri May 01 2026
This week the median list price for Indianapolis, IN 46226 is $187,450 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 12. 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $187,450
Median Price of New Listings $229,000
Per Square Foot $117
Average Days on Market 65
Median Days on Market 18
Price Decreased 17%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 43
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

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
$325,000 2,498 - 2 2.5 48 1 1 28
$229,000 1,618 0.25 - 0.5 acre 2 2 49 2 0 0
$169,000 1,742 - 3 2.5 52 0 0 63
$129,900 1,256 - 3 2 52 0 0 7