Mitch's Weekly Market Report

Indianapolis, IN 46280

Condos/Townhomes

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


Current active inventory in Indianapolis, IN 46280 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46280

Thu May 01 2025
This week the median list price for Indianapolis, IN 46280 is $297,450 with the market action index hovering around 28. This is less than last month's market action index of 37. Inventory has increased to 2. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Indianapolis, IN 46280

Thu May 01 2025
This week the median list price for Indianapolis, IN 46280 is $297,450 with the market action index hovering around 28. This is less than last month's market action index of 37. Inventory has increased to 2. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $297,450
Median Price of New Listings $319,900
Per Square Foot $210
Average Days on Market 88
Median Days on Market 88
Price Decreased 50%
Price Increased 0%
Relisted 50%
Inventory 2
Median Rent
Market Action 28
Slight Buyer'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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$319,900 1,483 4,500 - 6,500 sqft 2 2 23 1 0 0
$275,000 1,329 4,500 - 6,500 sqft 2 2 23 0 0 175