Mitch's Weekly Market Report

Indianapolis, IN 46216

Single-Family Homes

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 $336,250 with the market action index hovering around 56. This is an increase over last month's market action index of 50. 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.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Indianapolis, IN 46216

Thu Apr 24 2025
This week the median list price for Indianapolis, IN 46216 is $336,250 with the market action index hovering around 56. This is an increase over last month's market action index of 50. 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.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $336,250
Median Price of New Listings $0
Per Square Foot $181
Average Days on Market 60
Median Days on Market 60
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 56
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$337,500 1,692 0 - 4,500 sqft 3 2.5 3 0 0 77
$335,000 2,044 0 - 4,500 sqft 3 2.5 6 0 0 42