Mitch's Weekly Market Report

Indianapolis, IN 46268

Condos/Townhomes

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


Indianapolis, IN 46268

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46268 is $184,950 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Indianapolis, IN 46268

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46268 is $184,950 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $184,950
Median Price of New Listings $180,000
Per Square Foot $129
Average Days on Market 78
Median Days on Market 56
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$238,500 1,557 6,500 - 8,000 sqft 2 1.8 45 0 1 56
$191,950 1,508 4,500 - 6,500 sqft 2 2 40 0 0 70
$180,000 1,234 0 - 4,500 sqft 2 1.5 43 1 2 7
$145,000 1,523 0 - 4,500 sqft 2 2 36 0 0 126