Mitch's Weekly Market Report

Indianapolis, IN 46268

Condos/Townhomes

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


Indianapolis, IN 46268

Sat Sep 12 2026
This week the median list price for Indianapolis, IN 46268 is $175,000 with the market action index hovering around 34. This is less than last month's market action index of 42. Inventory has increased to 27. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Indianapolis, IN 46268

Sat Sep 12 2026
This week the median list price for Indianapolis, IN 46268 is $175,000 with the market action index hovering around 34. This is less than last month's market action index of 42. Inventory has increased to 27. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $175,000
Median Price of New Listings $149,900
Per Square Foot $131
Average Days on Market 72
Median Days on Market 35
Price Decreased 44%
Price Increased 4%
Relisted 7%
Inventory 27
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate 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
$229,900 1,489 4,500 - 6,500 sqft 2 2 43 1 0 28
$187,500 1,459 4,500 - 6,500 sqft 2 2 43 0 0 42
$165,000 1,180 0 - 4,500 sqft 2 1.5 45 0 0 35
$111,500 1,132 0 - 4,500 sqft 1 1.3 39 2 0 17