Mitch's Weekly Market Report
Indianapolis, IN 46216
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46216
Tue Jun 09 2026
This week the median list price for Indianapolis, IN 46216 is $339,950 with the market action index hovering around 47. This is less than last month's market action index of 60. Inventory has increased to 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
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
| Median List Price | $339,950 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $174 | |
| Average Days on Market | 49 | |
| Median Days on Market | 35 | |
| Price Decreased | 50% | |
| Price Increased | 17% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $387,450 | 2,379 | 0 - 4,500 sqft | 3 | 2.5 | 9 | 0 | 1 | 45 |
| $350,000 | 1,852 | 0 - 4,500 sqft | 3 | 2.5 | 6 | 0 | 0 | 21 |
| $327,450 | 1,730 | 0 - 4,500 sqft | 3 | 2.5 | 5 | 0 | 0 | 77 |
| $260,000 | 2,472 | 4,500 - 6,500 sqft | 2 | 2 | 24 | 0 | 0 | 28 |