Indianapolis Market Report

$316,844

AVERAGE PRICE OF 3,771 HOMES

$83,250

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,848,898

AVERAGE PRICE OF 118 MULTI-MILLION DOLLAR HOMES

$477,432

AVERAGE PRICE OF 349 NEWLY BUILT HOMES

$397,027

AVERAGE PRICE OF 202 HOMES WITH A POOL

$263,331

AVERAGE PRICE OF 121 REDUCED PRICE HOMES

Average Home

Average Price $316,844
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $231,246
2 bedrooms $218,360
3 bedrooms $271,055
4 bedrooms $390,382
5 bedrooms $572,404
Indianapolis Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 4,010 4,086 4,097 4,098 n/a
Average Price $312,727 $313,283 $315,561 $323,658 n/a
Avg Price Change -0.18% -0.73% -2.57% n/a n/a
Median Price $245,078 $242,823 $247,796 $249,999 n/a
Med Price Change +0.93% -2.05% -0.89% n/a n/a
Avg Bedrooms 2.59 beds 2.6 beds 2.61 beds 2.62 beds n/a
Avg Bathrooms 1.95 baths 1.94 baths 1.94 baths 1.96 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,771 $316,844 92 days
Distressed Homes 2 $83,250 396 days
Multi-Million Dollar Homes 118 $1,848,898 236 days
Newly Built Homes 349 $477,432 136 days
Homes with a Pool 202 $397,027 54 days
Reduced Price Homes 121 $263,331 58 days
United Home Group | Keller Williams
Joseph Gruszczynski
8555 River Rd #200
Indianapolis, IN 46240

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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