Mitch's Weekly Market Report

Indianapolis, IN 46227

Condos/Townhomes

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


Indianapolis, IN 46227

Sun Aug 17 2025
This week the median list price for Indianapolis, IN 46227 is $105,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 15. 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Indianapolis, IN 46227

Sun Aug 17 2025
This week the median list price for Indianapolis, IN 46227 is $105,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 15. 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $105,000
Median Price of New Listings $109,900
Per Square Foot $113
Average Days on Market 46
Median Days on Market 21
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Market Action 44
Slight Seller's Advantage

Despite this week’s down tic, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.

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
$234,450 1,602 - 2 2.5 28 0 1 73
$134,950 1,012 0 - 4,500 sqft 2 1.8 49 2 1 3
$100,450 968 - 2 1.5 48 1 1 38
$95,000 966 - 2 1 52 1 0 119