Mitch's Weekly Market Report
Indianapolis, IN 46216
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46216
Sat Dec 06 2025
This week the median list price for Indianapolis, IN 46216 is $399,000 with the market action index hovering around 22. This is less than last month's market action index of 25. Inventory has increased to 7.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $399,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $180 | |
| Average Days on Market | 108 | |
| Median Days on Market | 7 | |
| Price Decreased | 14% | |
| Price Increased | 0% | |
| Relisted | 14% | |
| Inventory | 7 | |
| Median Rent | ||
| Market Action | 22 | |
| Slight Buyer's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $399,990 | 2,174 | 0 - 4,500 sqft | 3 | 2.5 | 0 | 0 | 0 | 203 |
| $399,495 | 2,130 | 0 - 4,500 sqft | 3 | 2.8 | 0 | 0 | 0 | 136 |
| $390,000 | 2,196 | 0 - 4,500 sqft | 3 | 2.5 | 0 | 0 | 0 | 7 |
| $255,000 | 1,472 | 4,500 - 6,500 sqft | 3 | 1.5 | 94 | 0 | 0 | 63 |