Mitch's Weekly Market Report
Indianapolis, IN 46226
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46226
Mon Jun 16 2025
This week the median list price for Indianapolis, IN 46226 is $164,250 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $164,250 | |
| Median Price of New Listings | $244,900 | |
| Per Square Foot | $112 | |
| Average Days on Market | 55 | |
| Median Days on Market | 18 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
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 |
|---|---|---|---|---|---|---|---|---|
| $269,900 | 2,543 | 0 - 4,500 sqft | 2 | 2.5 | 46 | 1 | 1 | 7 |
| $199,200 | 1,295 | - | 2 | 2 | 49 | 1 | 0 | 10 |
| $149,900 | 1,248 | - | 3 | 2 | 51 | 0 | 0 | 77 |
| $112,450 | 1,176 | 0 - 4,500 sqft | 2 | 2 | 53 | 0 | 0 | 126 |