Mitch's Weekly Market Report

Indianapolis, IN 46220

Condos/Townhomes

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


Indianapolis, IN 46220

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46220 is $287,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has increased to 16. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Indianapolis, IN 46220

Mon Sep 15 2025
This week the median list price for Indianapolis, IN 46220 is $287,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has increased to 16. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $287,500
Median Price of New Listings $295,000
Per Square Foot $188
Average Days on Market 67
Median Days on Market 42
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$349,450 1,941 0 - 4,500 sqft 2 2.3 21 0 0 42
$305,000 1,800 0 - 4,500 sqft 2 2.3 29 2 0 3
$277,450 1,559 0 - 4,500 sqft 2 2 25 0 0 63
$266,450 1,256 0 - 4,500 sqft 2 1 21 1 0 49