Mitch's Weekly Market Report

Indianapolis, IN 46227

Single-Family Homes

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



Indianapolis, IN 46227

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46227 is $245,000 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has decreased to 47. 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.

Strong Seller's Market

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

Sat Apr 19 2025
This week the median list price for Indianapolis, IN 46227 is $245,000 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has decreased to 47. 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.

Strong Seller's Market

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 $245,000
Median Price of New Listings $269,445
Per Square Foot $165
Average Days on Market 92
Median Days on Market 42
Price Decreased 53%
Price Increased 2%
Relisted 6%
Inventory 47
Median Rent
Market Action 53
Strong Seller's Market

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
$344,500 2,312 0.25 - 0.5 acre 4 2.5 59 3 1 63
$265,000 1,774 0.5 - 1 acre 3 2 64 4 4 14
$235,000 1,366 0.25 - 0.5 acre 3 1.5 64 1 1 87
$194,900 1,094 0.25 - 0.5 acre 2 1.5 76 2 4 42