Mitch's Weekly Market Report

Indianapolis, IN 46227

Single-Family Homes

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


Indianapolis, IN 46227

Sat Jun 06 2026
This week the median list price for Indianapolis, IN 46227 is $275,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has increased to 95. 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 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

Sat Jun 06 2026
This week the median list price for Indianapolis, IN 46227 is $275,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has increased to 95. 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 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 $275,000
Median Price of New Listings $299,700
Per Square Foot $159
Average Days on Market 68
Median Days on Market 35
Price Decreased 46%
Price Increased 0%
Relisted 4%
Inventory 95
Median Rent
Market Action 45
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$353,700 2,041 0.5 - 1 acre 3 2 69 4 2 35
$289,900 2,098 0.25 - 0.5 acre 3 2 65 3 0 31
$249,950 1,426 0.25 - 0.5 acre 3 2 63 0 7 35
$190,000 1,136 0.25 - 0.5 acre 3 1 70 3 3 84