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Sarah Mitchell

CNESRESABR

Compass Real Estate · Indianapolis, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Indianapolis, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Indianapolis, IN Housing Market & Real Estate

Seller's market+2.0% YoY

Housing market overview · Updated monthly ·

$260,000median sale price

How is the Indianapolis, IN housing market right now?

The median home sale price in Indianapolis, IN is $260,000, up 2.0% year-over-year. Homes sell in an average of 19 days with 2,642 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Seller's market2.3 months of supply19 avg. days on market

Indianapolis, IN is currently a seller's market, based on 2.3 months of supply and homes selling in about 19 days. How we determine this →

Homes sold

1,169

Last 12 weeks

Days on market

19

Fast-moving

Active listings

2,642

2.3 months supply

Sale-to-list

98.3%

Below asking

What does the Indianapolis housing market data show?

Current housing market statistics for Indianapolis, IN
MetricValue
Median sale price$260,000
Median list price$269,900
Year-over-year price change+2.0%
Average days on market19 days
Active inventory2,642 listings
Months of supply2.3 months
Sale-to-list price ratio98.3%
Median price per sq ft$145/sq ft
Homes sold (latest month)1,169
New listings (latest month)1,445
Listings with a price cut43.2%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Indianapolis by property type?

How the Indianapolis, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Indianapolis, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$265,000$146/sq ft1,03618 days
Condo / Co-op$200,400$145/sq ft8151 days
Townhouse$325,000$164/sq ft729 days

Source: Redfin · Updated monthly

The Indianapolis housing market is currently classified as a seller's market with a median sale price of $260,000. Prices have risen 2.0% compared to last year, with homes spending an average of 19 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Indianapolis

There are currently 2,642 homes listed for sale in Indianapolis, Indiana. The median listing price is $270K. 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$176/ft²
House23,958 sqft lot
View photos & details
3 bedroom house for sale at 7840 Roseway Ct Indianapolis - $170,000
$170,000

7840 Roseway Ct

Indianapolis, IN

3 bd1 ba900 sqft$189/ft²
House10,019 sqft lot
View photos & details
3 bedroom house for sale at 5419 Penway Ct Indianapolis - $175,000
$175,000

5419 Penway Ct

Indianapolis, IN

3 bd1 ba957 sqft$183/ft²
House7,841 sqft lot
View photos & details
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$189/ft²
House1,742 sqft lot
View photos & details
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$138/ft²
House8,276 sqft lot
View photos & details
3 bedroom house for sale at 6245 Linda Ln Indianapolis - $209,000
$209,000

6245 Linda Ln

Indianapolis, IN

3 bd2 ba1,436 sqft$146/ft²
House24,829 sqft lot
View photos & details
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$205/ft²
House8,276 sqft lot
View photos & details
2 bedroom house for sale at 1671 Cloister Dr Indianapolis - $289,900
$289,900

1671 Cloister Dr

Indianapolis, IN

2 bd2 ba1,526 sqft$190/ft²
House9,148 sqft lot
View photos & details
4 bedroom house for sale at 8607 Longspur Ct Indianapolis - $319,000
$319,000

8607 Longspur Ct

Indianapolis, IN

4 bd3 ba2,020 sqft$158/ft²
House10,454 sqft lot
View photos & details
$360,000

10342 Deercrest Ln

Indianapolis, IN

4 bd3 ba2,464 sqft$146/ft²
House6,970 sqft lot
View photos & details
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$305/ft²
Condo
View photos & details
4 bedroom house for sale at 1852 Singleton St Indianapolis - $399,900
$399,900

1852 Singleton St

Indianapolis, IN

4 bd3 ba2,492 sqft$160/ft²
House5,227 sqft lot
View photos & details

Looking to buy in Indianapolis?

Get connected with a local real estate expert — free, no obligation.

Active listings

2,642

Homes on market

Median list price

$270K

Avg. days on market

19

Days until sale

New this week

1,445

Newly listed

Price drops:43.2%of listings
Sale-to-list:98.3%

What are homes worth in Indianapolis?

Zillow home value

$233,826

Zillow rent index

$1,411/mo

Price-to-rent ratio

13.8x

Source: Zillow Research

Which public schools serve 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.

Which cities are near Indianapolis, IN?

Want a head-to-head view? Compare Indianapolis side-by-side with any other U.S. city using our market-comparison tool.

Is Indianapolis a good real estate investment market?

For investors evaluating Indianapolis, the price-to-rent ratio of 13.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Indianapolis's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Indianapolis's median home price.

Frequently asked questions

What is the average home price in Indianapolis?

The median home sale price in Indianapolis is $260,000, up 2.0% from last year.

How long do homes stay on market in Indianapolis?

Homes typically spend 19 days on market before going under contract.

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

With 2.3 months of supply, Indianapolis is currently a seller's market.

How many homes are for sale in Indianapolis?

There are currently 2642 homes listed for sale in Indianapolis, IN.

What is the Zillow home value estimate for Indianapolis?

The Zillow Home Value Index (ZHVI) for Indianapolis is $233,826, representing the typical home value in the area.

What is the median condo price in Indianapolis?

The median condo/co-op sale price in Indianapolis, IN is $200,400, compared to $265,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Indianapolis?

The median single-family home price in Indianapolis, IN is $265,000 (about $146 per square foot).

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