Mitch's Weekly Market Report

Indianapolis, IN 46228

Condos/Townhomes

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


Current active inventory in Indianapolis, IN 46228 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46228

Fri Aug 01 2025
This week the median list price for Indianapolis, IN 46228 is $260,000 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has decreased to 2. 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 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 46228

Fri Aug 01 2025
This week the median list price for Indianapolis, IN 46228 is $260,000 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has decreased to 2. 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 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 $260,000
Median Price of New Listings $0
Per Square Foot $154
Average Days on Market 35
Median Days on Market 35
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 50
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$325,000 1,921 - 3 2 41 0 1 42
$0 0 - NaN 0 NaN 0 0 NaN
$195,000 1,389 0 - 4,500 sqft 2 2 54 0 0 28
$0 0 - NaN 0 NaN 0 0 NaN