Mitch's Weekly Market Report

Indianapolis, IN 46260

Condos/Townhomes

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


Indianapolis, IN 46260

Sun Sep 27 2026
This week the median list price for Indianapolis, IN 46260 is $225,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 27. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Indianapolis, IN 46260

Sun Sep 27 2026
This week the median list price for Indianapolis, IN 46260 is $225,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 27. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $225,000
Median Price of New Listings $300,000
Per Square Foot $146
Average Days on Market 59
Median Days on Market 42
Price Decreased 48%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$334,900 2,114 8,000 - 10,000 sqft 2 2.5 39 2 2 42
$245,000 1,633 0 - 4,500 sqft 3 2.5 23 1 0 77
$219,000 1,542 0 - 4,500 sqft 2 2.5 25 0 0 49
$141,900 1,344 0 - 4,500 sqft 2 1.8 56 0 1 38