Mitch's Weekly Market Report

Indianapolis, IN 46228

Single-Family Homes

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


Indianapolis, IN 46228

Tue Jul 01 2025
This week the median list price for Indianapolis, IN 46228 is $379,900 with the market action index hovering around 52. This is less than last month's market action index of 63. Inventory has held steady at or around 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 46228

Tue Jul 01 2025
This week the median list price for Indianapolis, IN 46228 is $379,900 with the market action index hovering around 52. This is less than last month's market action index of 63. Inventory has held steady at or around 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 $379,900
Median Price of New Listings $0
Per Square Foot $150
Average Days on Market 46
Median Days on Market 28
Price Decreased 63%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 52
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$549,900 3,925 0.5 - 1 acre 5 3.5 55 0 0 42
$388,000 2,388 0.25 - 0.5 acre 3 2.5 30 0 0 7
$347,000 2,367 8,000 - 10,000 sqft 4 2.5 33 0 1 56
$257,900 1,610 0.25 - 0.5 acre 3 2.5 57 0 0 17