Mitch's Weekly Market Report

Indianapolis, IN 46234

Single-Family Homes

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


Indianapolis, IN 46234

Mon Jun 16 2025
This week the median list price for Indianapolis, IN 46234 is $349,990 with the market action index hovering around 53. This is less than last month's market action index of 59. Inventory has held steady at or around 39. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Indianapolis, IN 46234

Mon Jun 16 2025
This week the median list price for Indianapolis, IN 46234 is $349,990 with the market action index hovering around 53. This is less than last month's market action index of 59. Inventory has held steady at or around 39. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $349,990
Median Price of New Listings $272,500
Per Square Foot $158
Average Days on Market 101
Median Days on Market 42
Price Decreased 59%
Price Increased 0%
Relisted 5%
Inventory 39
Median Rent
Market Action 53
Strong Seller's Market

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
$658,261 3,437 2.5 - 5 acres 4 2.5 26 1 0 98
$369,950 2,697 8,000 - 10,000 sqft 3 2.5 21 1 1 35
$332,450 2,316 8,000 - 10,000 sqft 3 2.5 29 0 2 56
$252,500 1,336 8,000 - 10,000 sqft 3 2 35 4 1 28