Mitch's Weekly Market Report
Indianapolis, IN 46234
Single-Family Homes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46234
Wed Apr 08 2026
This week the median list price for Indianapolis, IN 46234 is $324,450 with the market action index hovering around 49. This is an increase over last month's market action index of 44. Inventory has decreased to 28.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
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
| Median List Price | $324,450 | |
| Median Price of New Listings | $319,000 | |
| Per Square Foot | $168 | |
| Average Days on Market | 172 | |
| Median Days on Market | 56 | |
| Price Decreased | 32% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 28 | |
| Median Rent | ||
| Market Action | 49 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) 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 |
|---|---|---|---|---|---|---|---|---|
| $667,523 | 2,551 | 1 - 2.5 acres | 3 | 2.5 | 38 | 0 | 1 | 294 |
| $350,000 | 2,408 | 0.25 - 0.5 acre | 4 | 2.5 | 42 | 2 | 0 | 42 |
| $307,000 | 2,020 | 8,000 - 10,000 sqft | 3 | 2.5 | 23 | 2 | 0 | 7 |
| $250,000 | 1,440 | 0.25 - 0.5 acre | 3 | 1.5 | 52 | 1 | 0 | 35 |