Mitch's Weekly Market Report

Indianapolis, IN 46227

Single-Family Homes

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



Indianapolis, IN 46227

Sun Mar 16 2025
This week the median list price for Indianapolis, IN 46227 is $242,600 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 55. 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

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.

Indianapolis, IN 46227

Sun Mar 16 2025
This week the median list price for Indianapolis, IN 46227 is $242,600 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 55. 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

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.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $242,600
Median Price of New Listings $252,250
Per Square Foot $163
Average Days on Market 102
Median Days on Market 56
Price Decreased 49%
Price Increased 4%
Relisted 7%
Inventory 55
Median Rent
Market Action 43
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
$319,000 2,312 0.25 - 0.5 acre 4 2.5 61 2 4 98
$254,000 1,614 0.25 - 0.5 acre 3 1.5 63 3 6 105
$227,450 1,323 0.25 - 0.5 acre 3 1.5 66 1 2 31
$176,000 1,141 6,500 - 8,000 sqft 3 1 73 2 4 52