Indianapolis, IN 46229

Mitch's Weekly Market Report

Indianapolis, IN 46229

Condos/Townhomes

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

Fri Jun 12 2026
This week the median list price for Indianapolis, IN 46229 is $182,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 7. Click here to stay informed with the Indianapolis market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Median List Price		$182,000
Median Price of New Listings		$0
Per Square Foot		$124
Average Days on Market		159
Median Days on Market		133
Price Decreased		71%
Price Increased		14%
Relisted		14%
Inventory		7
Median Rent
Market Action		41
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	Absorbed	DOM
$257,450	1,614	4,500 - 6,500 sqft	2	2.3	2	1	273
$190,950	1,540	0 - 4,500 sqft	3	2	37	0	56
$102,500	943	-	2	1.3	53	0	84
$80,000	905	-	2	1.5	49	0	287

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	Absorbed	DOM
$257,450	1,614	4,500 - 6,500 sqft	2	2.3	2	1	273
$190,950	1,540	0 - 4,500 sqft	3	2	37	0	56
$102,500	943	-	2	1.3	53	0	84
$80,000	905	-	2	1.5	49	0	287

Median Price	Top $257,450	Upper $190,950	Lower $102,500	Bottom $80,000
Sq. Ft.	1,614	1,540	943	905
Lot Size	4,500 - 6,500 sqft	0 - 4,500 sqft	-	-
Beds	2	3	2	2
Baths	2.3	2	1.3	1.5
Age	2	37	53	49
New	0	0	0	0
Absorbed	1	0	0	0
DOM	273	56	84	287

Mitch's Weekly Market Report