Mitch's Weekly Market Report

Indianapolis, IN 46268

Condos/Townhomes

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


Indianapolis, IN 46268

Tue Oct 27 2026
This week the median list price for Indianapolis, IN 46268 is $182,450 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 26. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Indianapolis, IN 46268

Tue Oct 27 2026
This week the median list price for Indianapolis, IN 46268 is $182,450 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 26. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $182,450
Median Price of New Listings $204,950
Per Square Foot $134
Average Days on Market 91
Median Days on Market 53
Price Decreased 46%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 34
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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 1,450 8,000 - 10,000 sqft 2 2.5 43 1 0 42
$186,450 1,346 0 - 4,500 sqft 2 1.8 38 1 0 38
$170,000 1,272 0 - 4,500 sqft 2 1.5 43 0 2 84
$118,450 1,132 0 - 4,500 sqft 1 1.3 38 0 0 52