Mitch's Weekly Market Report

Indianapolis, IN 46227

Single-Family Homes

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


Indianapolis, IN 46227

Mon Jul 06 2026
This week the median list price for Indianapolis, IN 46227 is $257,450 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 96. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Indianapolis, IN 46227

Mon Jul 06 2026
This week the median list price for Indianapolis, IN 46227 is $257,450 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 96. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $257,450
Median Price of New Listings $249,900
Per Square Foot $161
Average Days on Market 74
Median Days on Market 49
Price Decreased 55%
Price Increased 0%
Relisted 3%
Inventory 96
Median Rent
Market Action 46
Strong Seller's Market

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$343,700 2,314 0.25 - 0.5 acre 3 2 66 2 3 49
$270,000 1,768 0.25 - 0.5 acre 3 2 69 2 7 45
$242,450 1,356 0.25 - 0.5 acre 3 2 51 3 4 56
$175,750 1,082 6,500 - 8,000 sqft 3 1 70 4 0 28