Indianapolis, IN Housing Market & Real Estate

Balanced market+2.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Indianapolis, IN is $240,000, up 2.1% year-over-year. Homes sell in an average of 62 days with 2,223 active listings. The market is currently a balanced market.

$240,000median sale price

Is Indianapolis a buyer's or seller's market?

Balanced market3.2 months of supply62 avg. days on market

Indianapolis, IN is currently a balanced market, based on 3.2 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

696

Last 12 weeks

Days on market

62

Average pace

Active listings

2,223

3.2 months supply

Sale-to-list

96.8%

Below asking

Indianapolis, IN market data

Current housing market statistics for Indianapolis, IN
MetricValue
Median sale price$240,000
Median list price$254,900
Year-over-year price change+2.1%
Average days on market62 days
Active inventory2,223 listings
Months of supply3.2 months
Sale-to-list price ratio96.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Indianapolis housing market is currently classified as a balanced market with a median sale price of $240,000. Prices have risen 2.1% compared to last year, with homes spending an average of 62 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Indianapolis

There are currently 2,223 homes listed for sale in Indianapolis, Indiana. The median listing price is $255K. Featured listings range from $140,000 to $399,900.

3 bedroom house for sale at 311 S Boehning St Indianapolis - $140,000
$140,000

311 S Boehning St

Indianapolis, IN

3 bd1 ba794 sqft
House23,958 sqft lot
More about this property
3 bedroom house for sale at 7840 Roseway Ct Indianapolis - $170,000
$170,000

7840 Roseway Ct

Indianapolis, IN

3 bd1 ba900 sqft
House10,019 sqft lot
More about this property
3 bedroom house for sale at 5419 Penway Ct Indianapolis - $175,000
$175,000

5419 Penway Ct

Indianapolis, IN

3 bd1 ba957 sqft
House7,841 sqft lot
More about this property
2 bedroom house for sale at 722 E 23rd St Indianapolis - $199,900
$199,900

722 E 23rd St

Indianapolis, IN

2 bd1 ba1,058 sqft
House1,742 sqft lot
More about this property
3 bedroom house for sale at 11639 E 10th St Indianapolis - $204,999
$204,999

11639 E 10th St

Indianapolis, IN

3 bd2 ba1,486 sqft
House8,276 sqft lot
More about this property
3 bedroom house for sale at 6245 Linda Ln Indianapolis - $209,000
$209,000

6245 Linda Ln

Indianapolis, IN

3 bd2 ba1,436 sqft
House24,829 sqft lot
More about this property
3 bedroom house for sale at 6350 Cooper Pointe Dr Indianapolis - $252,000
$252,000

6350 Cooper Pointe Dr

Indianapolis, IN

3 bd2 ba1,232 sqft
House8,276 sqft lot
More about this property
2 bedroom house for sale at 1671 Cloister Dr Indianapolis - $289,900
$289,900

1671 Cloister Dr

Indianapolis, IN

2 bd2 ba1,526 sqft
House9,148 sqft lot
More about this property
4 bedroom house for sale at 8607 Longspur Ct Indianapolis - $319,000
$319,000

8607 Longspur Ct

Indianapolis, IN

4 bd3 ba2,020 sqft
House10,454 sqft lot
More about this property
$360,000

10342 Deercrest Ln

Indianapolis, IN

4 bd3 ba2,464 sqft
House6,970 sqft lot
More about this property
2 bedroom condo for sale at 611 N Park Ave Apt 208 Indianapolis - $374,900
$374,900

611 N Park Ave Apt 208

Indianapolis, IN

2 bd2 ba1,230 sqft
Condo
More about this property
4 bedroom house for sale at 1852 Singleton St Indianapolis - $399,900
$399,900

1852 Singleton St

Indianapolis, IN

4 bd3 ba2,492 sqft
House5,227 sqft lot
More about this property

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Active listings

2,223

Homes on market

Median list price

$255K

Avg. days on market

62

Days until sale

New this week

909

Newly listed

Price drops:32.7%of listings
Sale-to-list:96.8%

Top public schools in Indianapolis

50 schools tracked · 75,551 students

The largest public schools serving Indianapolis, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Indiana Connections Academy

Grades K-12 · 5,475 students

Charter

North Central High School

Grades 9-12 · 3,616 students

Public

Warren Central High School

Grades 9-12 · 3,398 students

Public

Franklin Central High School

Grades 9-12 · 3,381 students

Public

Ben Davis High School

Grades 10-12 · 3,274 students

Public

Pike High School

Grades 9-12 · 3,193 students

Public

Lawrence North High School

Grades 9-12 · 2,832 students

Public

Arsenal Technical High School

Grades 9-12 · 2,524 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IN

Frequently asked questions

What is the average home price in Indianapolis?

The median home sale price in Indianapolis is $240,000, up 2.1% from last year.

How long do homes stay on market in Indianapolis?

Homes typically spend 62 days on market before going under contract.

Is Indianapolis a buyer's or seller's market?

With 3.2 months of supply, Indianapolis is currently a balanced market.

How many homes are for sale in Indianapolis?

There are currently 2223 homes listed for sale in Indianapolis, IN.

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