Mitch's Weekly Market Report

Indianapolis, IN 46268

Condos/Townhomes

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


Indianapolis, IN 46268

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46268 is $183,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has increased to 19. 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 46268

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46268 is $183,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has increased to 19. 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 $183,000
Median Price of New Listings $199,900
Per Square Foot $132
Average Days on Market 86
Median Days on Market 42
Price Decreased 47%
Price Increased 0%
Relisted 11%
Inventory 19
Median Rent
Market Action 45
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$229,900 1,690 4,500 - 6,500 sqft 3 2.5 43 0 0 42
$190,000 1,180 4,500 - 6,500 sqft 2 2 44 1 0 28
$169,900 1,334 0 - 4,500 sqft 2 2 34 0 0 28
$149,950 1,352 0 - 4,500 sqft 2 1.5 43 0 0 301