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 Jun 16 2025
This week the median list price for Indianapolis, IN 46216 is $415,500 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has held steady at or around 3. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Indianapolis, IN 46216

Mon Jun 16 2025
This week the median list price for Indianapolis, IN 46216 is $415,500 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has held steady at or around 3. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $415,500
Median Price of New Listings $0
Per Square Foot $189
Average Days on Market 114
Median Days on Market 98
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 24
Slight Buyer's Advantage

We continue to see prices in this zip code hovering around their high point. 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
$431,820 2,130 0 - 4,500 sqft 3 3 0 0 0 98
$415,500 2,300 0 - 4,500 sqft 3 3 1 0 0 231
$214,900 1,137 - 2 2 26 0 0 14
$0 0 - NaN 0 NaN 0 0 NaN