Mitch's Weekly Market Report

Indianapolis, IN 46236

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Indianapolis, IN 46236

Tue Apr 28 2026
This week the median list price for Indianapolis, IN 46236 is $380,750 with the market action index hovering around 48. This is an increase over last month's market action index of 40. Inventory has increased to 6. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Indianapolis, IN 46236

Tue Apr 28 2026
This week the median list price for Indianapolis, IN 46236 is $380,750 with the market action index hovering around 48. This is an increase over last month's market action index of 40. Inventory has increased to 6. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $380,750
Median Price of New Listings $214,900
Per Square Foot $173
Average Days on Market 95
Median Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 48
Strong Seller's Market

Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.

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
$572,000 2,790 0 - 4,500 sqft 3 2.5 29 0 0 24
$507,500 2,776 0 - 4,500 sqft 3 2.5 30 0 0 154
$234,450 1,580 0 - 4,500 sqft 2 2 34 1 0 143
$199,900 1,431 0 - 4,500 sqft 2 1.5 38 0 0 77