Mitch's Weekly Market Report

Indianapolis, IN 46221

Single-Family Homes

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


Indianapolis, IN 46221

Mon Dec 01 2025
This week the median list price for Indianapolis, IN 46221 is $234,987 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 69. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Indianapolis, IN 46221

Mon Dec 01 2025
This week the median list price for Indianapolis, IN 46221 is $234,987 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 69. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $234,987
Median Price of New Listings $247,500
Per Square Foot $162
Average Days on Market 69
Median Days on Market 42
Price Decreased 61%
Price Increased 0%
Relisted 0%
Inventory 69
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$287,500 2,041 8,000 - 10,000 sqft 3 2.3 22 1 4 59
$242,900 1,456 0.25 - 0.5 acre 3 2 29 2 1 35
$220,000 1,278 6,500 - 8,000 sqft 3 2 32 1 2 35
$153,000 936 4,500 - 6,500 sqft 2 1 85 0 3 49