Mitch's Weekly Market Report

Indianapolis, IN 46237

Condos/Townhomes

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


Indianapolis, IN 46237

Mon Apr 20 2026
This week the median list price for Indianapolis, IN 46237 is $174,900 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has decreased to 20. 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

Mon Apr 20 2026
This week the median list price for Indianapolis, IN 46237 is $174,900 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has decreased to 20. 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 $174,900
Median Price of New Listings $224,900
Per Square Foot $137
Average Days on Market 122
Median Days on Market 70
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices 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
$234,900 1,505 0 - 4,500 sqft 2 2 27 1 1 63
$190,000 1,442 0 - 4,500 sqft 2 2 22 0 0 35
$169,900 1,569 - 2 2 23 0 1 175
$155,000 1,125 - 2 2 21 0 0 231