Mitch's Weekly Market Report

Indianapolis, IN 46229

Condos/Townhomes

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


Indianapolis, IN 46229

Tue Oct 14 2025
This week the median list price for Indianapolis, IN 46229 is $194,860 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has decreased to 10. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indianapolis, IN 46229

Tue Oct 14 2025
This week the median list price for Indianapolis, IN 46229 is $194,860 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has decreased to 10. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $194,860
Median Price of New Listings $0
Per Square Foot $129
Average Days on Market 105
Median Days on Market 63
Price Decreased 70%
Price Increased 20%
Relisted 0%
Inventory 10
Median Rent
Market Action 41
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
$279,900 1,615 6,500 - 8,000 sqft 2 2 3 0 1 154
$202,360 1,568 0 - 4,500 sqft 2 2.3 27 0 1 66
$149,900 1,124 - 2 2 29 0 1 49
$80,000 933 - 2 1.3 49 0 0 42