Mitch's Weekly Market Report

Indianapolis, IN 46237

Single-Family Homes

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


Indianapolis, IN 46237

Tue Oct 13 2026
This week the median list price for Indianapolis, IN 46237 is $295,000 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 139. 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 Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 46237

Tue Oct 13 2026
This week the median list price for Indianapolis, IN 46237 is $295,000 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 139. 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 Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $295,000
Median Price of New Listings $260,000
Per Square Foot $151
Average Days on Market 76
Median Days on Market 42
Price Decreased 65%
Price Increased 0%
Relisted 4%
Inventory 139
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index 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
$385,000 2,878 0.25 - 0.5 acre 4 2.5 23 2 4 49
$314,900 2,144 8,000 - 10,000 sqft 3 2.5 23 1 3 49
$274,900 1,618 0.25 - 0.5 acre 3 2 35 4 2 42
$229,950 1,342 6,500 - 8,000 sqft 3 2 42 6 2 35