Indianapolis, IN 46227

Mitch's Weekly Market Report

Indianapolis, IN 46227

Condos/Townhomes

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

Wed Jul 29 2026
This week the median list price for Indianapolis, IN 46227 is $125,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has increased to 21. Click here to stay informed with the Indianapolis market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Median List Price		$125,000
Median Price of New Listings		$148,000
Per Square Foot		$121
Average Days on Market		77
Median Days on Market		35
Price Decreased		38%
Price Increased		0%
Relisted		0%
Inventory		21
Median Rent
Market Action		38
Slight Seller's Advantage

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$162,449	1,128	0 - 4,500 sqft	2	2	53	0	2	28
$139,900	1,076	0 - 4,500 sqft	2	1	52	1	1	56
$107,000	966	-	2	2	53	0	2	21
$95,000	966	-	2	1.5	53	0	2	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$162,449	1,128	0 - 4,500 sqft	2	2	53	0	2	28
$139,900	1,076	0 - 4,500 sqft	2	1	52	1	1	56
$107,000	966	-	2	2	53	0	2	21
$95,000	966	-	2	1.5	53	0	2	42

Median Price	Top $162,449	Upper $139,900	Lower $107,000	Bottom $95,000
Sq. Ft.	1,128	1,076	966	966
Lot Size	0 - 4,500 sqft	0 - 4,500 sqft	-	-
Beds	2	2	2	2
Baths	2	1	2	1.5
Age	53	52	53	53
New	0	1	0	0
Absorbed	2	1	2	2
DOM	28	56	21	42

Mitch's Weekly Market Report