Mitch's Weekly Market Report

Indianapolis, IN 46222

Single-Family Homes

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


Indianapolis, IN 46222

Tue Jul 28 2026
This week the median list price for Indianapolis, IN 46222 is $160,500 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 86. 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

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. 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

Tue Jul 28 2026
This week the median list price for Indianapolis, IN 46222 is $160,500 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 86. 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

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. 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 $160,500
Median Price of New Listings $147,000
Per Square Foot $153
Average Days on Market 82
Median Days on Market 42
Price Decreased 42%
Price Increased 2%
Relisted 1%
Inventory 86
Median Rent
Market Action 36
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently 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
$297,400 1,804 0 - 4,500 sqft 3 2.5 7 0 0 70
$190,000 1,224 4,500 - 6,500 sqft 3 1 88 1 2 28
$142,450 1,022 4,500 - 6,500 sqft 2 1 98 3 2 38
$115,000 837 4,500 - 6,500 sqft 2 1 100 1 3 28