Indianapolis, IN Home Values & Market Trends

Real estate market trends reflect that there have been 26,331 transactions over the past year in Indianapolis. The median value for residential home transactions that occurred over the previous year is $232,823.94. The number of current listings in Indianapolis is 347, and the percentage of properties for sale in the city is 347.00%. Indianapolis, IN currently has 931 properties in foreclosure, 71 bank owned properties, 127 properties headed for auction, and 347 properties for sale.

Indianapolis, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
46239

$ 290,349

$ 147/sqft

46224

$ 205,191

$ 152/sqft

46239

$ 290,349

$ 147/sqft

46205

$ 340,545

$ 129/sqft

46227

$ 228,864

$ 155/sqft

46225

$ 218,034

$ 122/sqft

46203

$ 253,441

$ 151/sqft

46260

$ 256,727

$ 177/sqft

46227

$ 228,864

$ 155/sqft

46236

$ 331,500

$ 140/sqft

46203

$ 253,441

$ 151/sqft

46224

$ 205,191

$ 152/sqft

46201

$ 183,711

$ 153/sqft

46205

$ 340,545

$ 129/sqft

46201

$ 183,711

$ 153/sqft

46225

$ 218,034

$ 122/sqft

46221

$ 233,000

$ 154/sqft

46256

$ 308,000

$ 137/sqft

46221

$ 233,000

$ 154/sqft

46256

$ 308,000

$ 137/sqft

46268

$ 249,125

$ 135/sqft

46278

$ 473,999

$ 143/sqft

46220

$ 335,748

$ 184/sqft

46222

$ 190,000

$ 143/sqft

46268

$ 249,125

$ 135/sqft

46214

$ 250,129

$ 166/sqft

46220

$ 335,748

$ 184/sqft

46278

$ 473,999

$ 143/sqft

46226

$ 187,000

$ 130/sqft

46222

$ 190,000

$ 143/sqft

46237

$ 279,180

$ 139/sqft

46214

$ 250,129

$ 166/sqft

46226

$ 187,000

$ 130/sqft

46241

$ 155,000

$ 121/sqft

46237

$ 279,180

$ 139/sqft

46250

$ 249,000

$ 150/sqft

46235

$ 209,500

$ 142/sqft

46219

$ 205,000

$ 157/sqft

46229

$ 217,000

$ 132/sqft

46241

$ 155,000

$ 121/sqft

46235

$ 209,500

$ 142/sqft

46250

$ 249,000

$ 150/sqft

46229

$ 217,000

$ 132/sqft

46219

$ 205,000

$ 157/sqft

46234

$ 305,000

$ 142/sqft

46228

$ 277,450

$ 137/sqft

46217

$ 255,000

$ 152/sqft

46240

$ 166,757

$ 187/sqft

46234

$ 305,000

$ 142/sqft

46228

$ 277,450

$ 137/sqft

46217

$ 255,000

$ 152/sqft

46240

$ 166,757

$ 187/sqft

46218

$ 95,827

$ 95/sqft

46280

$ 365,770

$ 215/sqft

46254

$ 231,000

$ 156/sqft

46280

$ 365,770

$ 215/sqft

46218

$ 95,827

$ 95/sqft

46204

$ 415,258

$ 306/sqft

46254

$ 231,000

$ 156/sqft

46231

$ 302,332

$ 116/sqft

46208

$ 206,050

$ 150/sqft

46204

$ 415,258

$ 306/sqft

46259

$ 585,000

$ 143/sqft

46231

$ 302,332

$ 116/sqft

46202

$ 220,000

$ 210/sqft

46216

$ 319,828

$ 194/sqft

46208

$ 206,050

$ 150/sqft

46216

$ 319,828

$ 194/sqft

46259

$ 585,000

$ 143/sqft

46290

$ --

$ --

46202

$ 220,000

$ 210/sqft

46249

$ --

$ --

46260

$ 256,727

$ 177/sqft

46290

$ --

$ --

46236

$ 331,500

$ 140/sqft

46249

$ --

$ --

See More

Housing Market Summary for Indianapolis, IN

May 2023April 2024Change
Median Listing Price$231.5K$220.2K-4.87%
Median Sold Price$214.5K$220.2K2.67%
Homes For Sale390338-13.33%
Homes Sold8,2758,4492.10%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Indianapolis, IN

Indianapolis home values range from $18,986 to $29,490,166. The median estimated value of a home in Indianapolis is $232,823.94. The median list price of a home is 247,000, and the total count of properties in the city is 291,089.

Foreclosure
There are 76 zips within Indianapolis, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $430,500 in 46222 to the lowest value of $42,974 in 46222. Foreclosure homes account for 0.00% of properties in Indianapolis, IN with 46218 containing 63 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.25% of all residential properties in Indianapolis, IN with 46218 containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 76 zips within Indianapolis, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $366,500 in 46290 to the lowest home value of $42,974 in 46222.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Indianapolis, IN ranges from the highest value of $396,130 in 46278 to the lowest value of $44,900 in 46201. Bank owned homes and properties account for 0.02% of properties in Indianapolis, IN. There are 76 zips within Indianapolis, IN; 46201 containing 26 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    46219 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Indianapolis, IN. Auction homes and other auction properties account for 0.04% of all properties in Indianapolis, IN. There are 76 zips within Indianapolis, IN; of those zips, the median estimated home value for homes going to auction ranges from $281,130 in 46228 to the lowest value of $55,644 in 46228.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in Indianapolis, IN with 46239 containing 26 homes for sale, the highest number of listed properties in a single zip. There are 76 zips within Indianapolis, IN; homes for sale in those zips, have a range of median values from $319,828 in 46216 to the lowest value of $44,900 in 46201.
    Sold Homes
    The median value for recently sold homes ranges from $840,500 in 46290 to the lowest price of $21,736 in 46290. There are 76 zips within Indianapolis, IN. 46201 has 517 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.88% of properties in Indianapolis, IN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Indianapolis, IN
      $
      $

      Guide for Indianapolis, IN

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      Foreclosure
      Title Issues in Foreclosure Properties and How to Resolve Them
      Financing Guides
      $2,500 RealtyTrac Scholarship, 2024
      See More Articles
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      Title Issues in Foreclosure Properties and How to Resolve Them
      Foreclosure|posted 13 May 2024

      Minimizing risks and ensuring a smooth transaction requires a clear understanding of title issues and effective resolution strategies

      $2,500 RealtyTrac Scholarship, 2024
      Financing Guides|posted 13 May 2024

      Write a personal, real estate-focused essay for the chance to earn a scholarship worth $2,500