Mitch's Weekly Market Report

Indianapolis, IN 46234

Condos/Townhomes

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


Indianapolis, IN 46234

Thu Sep 18 2025
This week the median list price for Indianapolis, IN 46234 is $237,000 with the market action index hovering around 27. This is less than last month's market action index of 33. Inventory has increased to 4. 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 Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Indianapolis, IN 46234

Thu Sep 18 2025
This week the median list price for Indianapolis, IN 46234 is $237,000 with the market action index hovering around 27. This is less than last month's market action index of 33. Inventory has increased to 4. 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 Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $237,000
Median Price of New Listings $0
Per Square Foot $140
Average Days on Market 58
Median Days on Market 53
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 27
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$290,000 1,830 0 - 4,500 sqft 2 2 9 0 0 14
$239,000 1,952 - 3 2.5 21 0 0 112
$235,000 1,914 0 - 4,500 sqft 3 2.5 20 0 0 77
$219,900 1,353 - 2 2 39 0 0 28