The Indianapolis, IN housing market is a strong buyer's market, scoring 20 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 5,057 homes for sale and 4.5 months of supply. Homes in Indianapolis, IN sold for a median of $300,500, down 3.7% from the prior month, or $164 per square foot. The average sale price in Indianapolis, IN was $371,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 61 days, sales close at 98.7% of asking price and 15.2% of homes sell above list. 42.0% of active Indianapolis, IN listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-08 and are based on 1,124 recorded sales and 5,057 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 2711 S Capitol Ave, Indianapolis | 3/2,016 | $215,500 | 2026-10-08 |
| 10323 Draycott Ave, Indianapolis | 2/902 | $159,900 | 2026-10-08 |
| 1915 Cunningham Rd, Indianapolis | 3/1,026 | $267,900 | 2026-10-08 |
| 608 W Ralston Rd, Indianapolis | 3/1,732 | $275,900 | 2026-10-08 |
| 8101 Traders Hollow Ln, Indianapolis | —/— | $186,000 | 2026-10-08 |
| 8540 Chapel Glen Dr, Indianapolis | 4/2,288 | $270,000 | 2026-10-08 |
| 8922 Lighthorse Dr, Indianapolis | 3/1,812 | $295,000 | 2026-10-08 |
| 2526 Senators Way, Indianapolis | 4/1,927 | $277,500 | 2026-10-08 |
Indianapolis, IN is currently a strong buyer's market, at 20 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 4.5 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Indianapolis, IN sold for $300,500 over the last 30 days. That is down 3.7% from the month before.
The average sale price in Indianapolis, IN was $371,000, above the median because a few high-priced homes pull the average up. The median ($300,500) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Indianapolis, IN take a median of 61 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 61 days is worth a second look on price.
Homes in Indianapolis, IN close at a median of 98.7% of their asking price, and 15.2% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 5,057 homes actively for sale in Indianapolis, IN, about 4.5 months of supply at the current sales pace.