Mitch's Weekly Market Report

Indianapolis, IN 46280

Condos/Townhomes

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



Indianapolis, IN 46280

Fri Oct 31 2025
This week the median list price for Indianapolis, IN 46280 is $312,500 with the market action index hovering around 39. This is less than last month's market action index of 58. Inventory has increased to 7. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 46280

Fri Oct 31 2025
This week the median list price for Indianapolis, IN 46280 is $312,500 with the market action index hovering around 39. This is less than last month's market action index of 58. Inventory has increased to 7. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $312,500
Median Price of New Listings $329,900
Per Square Foot $194
Average Days on Market 30
Median Days on Market 28
Price Decreased 71%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 39
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$332,400 1,625 4,500 - 6,500 sqft 2 2 24 0 0 21
$321,200 1,588 4,500 - 6,500 sqft 2 2 23 1 0 42
$290,950 1,571 4,500 - 6,500 sqft 2 2 23 0 0 35
$235,000 1,207 4,500 - 6,500 sqft 1 1.5 23 0 0 14