Mitch's Weekly Market Report

Indianapolis, IN 46216

Condos/Townhomes

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


Current active inventory in Indianapolis, IN 46216 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46216

Mon Oct 20 2025
This week the median list price for Indianapolis, IN 46216 is $337,450 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has decreased 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 has recently reached a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.

Indianapolis, IN 46216

Mon Oct 20 2025
This week the median list price for Indianapolis, IN 46216 is $337,450 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has decreased 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 has recently reached a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $337,450
Median Price of New Listings $0
Per Square Foot $185
Average Days on Market 123
Median Days on Market 123
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 25
Slight Buyer's Advantage

Prices in this zip code seem to be pulling gently back from its high-point. This week prices slid a notch further down. We’re still near the high point of the market so we’ll keep an eye on the Market Action Index to anticipate any more significant down shifts in pricing.

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
$419,900 2,130 0 - 4,500 sqft 3 3 0 0 0 224
$0 0 - NaN 0 NaN 0 0 NaN
$255,000 1,472 4,500 - 6,500 sqft 3 1.5 94 0 0 21
$0 0 - NaN 0 NaN 0 0 NaN