
311 S Boehning St
Indianapolis, IN
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Featured local agent — Indianapolis, IN
Compass Real Estate · Indianapolis, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$260,000median sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $269,900 |
| Year-over-year price change | +2.0% |
| Average days on market | 19 days |
| Active inventory | 2,642 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 1,169 |
| New listings (latest month) | 1,445 |
| Listings with a price cut | 43.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Indianapolis, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $265,000 | $146/sq ft | 1,036 | 18 days |
| Condo / Co-op | $200,400 | $145/sq ft | 81 | 51 days |
| Townhouse | $325,000 | $164/sq ft | 7 | 29 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.
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.

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN

Indianapolis, IN
Indianapolis, IN

Indianapolis, IN

Indianapolis, IN
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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
Zillow home value
$233,826
Zillow rent index
$1,411/mo
Price-to-rent ratio
13.8x
Source: Zillow Research
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
North Central High School
Grades 9-12 · 3,616 students
Warren Central High School
Grades 9-12 · 3,398 students
Franklin Central High School
Grades 9-12 · 3,381 students
Ben Davis High School
Grades 10-12 · 3,274 students
Pike High School
Grades 9-12 · 3,193 students
Lawrence North High School
Grades 9-12 · 2,832 students
Arsenal Technical High School
Grades 9-12 · 2,524 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Indianapolis side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in Indianapolis is $260,000, up 2.0% from last year.
Homes typically spend 19 days on market before going under contract.
With 2.3 months of supply, Indianapolis is currently a seller's market.
There are currently 2642 homes listed for sale in Indianapolis, IN.
The Zillow Home Value Index (ZHVI) for Indianapolis is $233,826, representing the typical home value in the area.
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.
The median single-family home price in Indianapolis, IN is $265,000 (about $146 per square foot).
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