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

Thu Apr 24 2025
This week the median list price for Indianapolis, IN 46216 is $423,660 with the market action index hovering around 31. This is an increase over last month's market action index of 24. 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 Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Indianapolis, IN 46216

Thu Apr 24 2025
This week the median list price for Indianapolis, IN 46216 is $423,660 with the market action index hovering around 31. This is an increase over last month's market action index of 24. 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 Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $423,660
Median Price of New Listings $0
Per Square Foot $191
Average Days on Market 109
Median Days on Market 109
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 31
Slight Seller's Advantage

Prices in this zip code seem to have settled around a 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
$431,820 2,130 0 - 4,500 sqft 3 3 0 0 0 42
$415,500 2,300 0 - 4,500 sqft 3 3 1 0 0 175