Mitch's Weekly Market Report

Indianapolis, IN 46222

Condos/Townhomes

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


Current active inventory in Indianapolis, IN 46222 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46222

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46222 is $239,900 with the market action index hovering around 45. This is less than last month's market action index of 55. Inventory has increased to 2. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Indianapolis, IN 46222

Sun Feb 23 2025
This week the median list price for Indianapolis, IN 46222 is $239,900 with the market action index hovering around 45. This is less than last month's market action index of 55. Inventory has increased to 2. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $239,900
Median Price of New Listings $0
Per Square Foot $210
Average Days on Market 168
Median Days on Market 168
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 45
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$279,900 1,300 - 2 2 21 0 0 168
$199,900 970 0 - 4,500 sqft 2 2 105 0 0 168