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

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46216 is $415,500 with the market action index hovering around 31. This is an increase over last month's market action index of 23. Inventory has held steady at or around 1. 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 Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Indianapolis, IN 46216

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46216 is $415,500 with the market action index hovering around 31. This is an increase over last month's market action index of 23. Inventory has held steady at or around 1. 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 Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

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 $180
Average Days on Market 119
Median Days on Market 119
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 31
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. 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
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$415,500 2,300 0 - 4,500 sqft 3 3 1 0 1 119