Condos/Townhomes
Thu Mar 12 2026
This week the median list price for Indianapolis, IN 46227 is $130,850 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 20.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
| Median List Price | $130,850 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $119 | |
| Average Days on Market | 125 | |
| Median Days on Market | 123 | |
| Price Decreased | 30% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 37 | |
| Slight Seller's Advantage | ||
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $225,000 | 1,556 | - | 2 | 2 | 29 | 0 | 0 | 21 |
| $174,999 | 1,207 | 0 - 4,500 sqft | 2 | 1.5 | 46 | 0 | 0 | 133 |
| $119,900 | 1,088 | - | 3 | 2 | 48 | 0 | 0 | 161 |
| $99,000 | 882 | - | 2 | 1 | 53 | 0 | 0 | 126 |