Mitch's Weekly Market Report
Indianapolis, IN 46280
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46280
Mon Aug 03 2026
This week the median list price for Indianapolis, IN 46280 is $414,950 with the market action index hovering around 52. This is less than last month's market action index of 56. Inventory has increased to 16.
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 consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $414,950 | |
| Median Price of New Listings | $345,000 | |
| Per Square Foot | $256 | |
| Average Days on Market | 81 | |
| Median Days on Market | 63 | |
| Price Decreased | 81% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 52 | |
| Strong Seller's Market | ||
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $885,750 | 3,212 | 6,500 - 8,000 sqft | 4 | 3 | 0 | 0 | 1 | 126 |
| $476,995 | 1,798 | 0.25 - 0.5 acre | 3 | 2.5 | 66 | 0 | 0 | 66 |
| $372,000 | 1,544 | 0.5 - 1 acre | 3 | 2 | 66 | 0 | 0 | 52 |
| $333,500 | 1,702 | 0.25 - 0.5 acre | 3 | 1.5 | 70 | 1 | 0 | 24 |