Indianapolis Market Report

$329,053

AVERAGE PRICE OF 3,927 HOMES

$237,180

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,925,028

AVERAGE PRICE OF 119 MULTI-MILLION DOLLAR HOMES

$424,497

AVERAGE PRICE OF 387 NEWLY BUILT HOMES

$488,271

AVERAGE PRICE OF 165 HOMES WITH A POOL

$306,341

AVERAGE PRICE OF 166 REDUCED PRICE HOMES

Average Home

Average Price $329,053
Avg Bedrooms 2.87 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $240,995
2 bedrooms $217,499
3 bedrooms $289,604
4 bedrooms $397,210
5 bedrooms $530,830
Indianapolis Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 4,001 3,873 3,753 3,613 3,562
Average Price $329,996 $329,422 $331,259 $337,772 $349,651
Avg Price Change +0.17% -0.56% -1.97% -3.52% +1.57%
Median Price $255,411 $258,020 $259,823 $260,039 $261,148
Med Price Change -1.02% -0.70% -0.08% -0.43% +0.49%
Avg Bedrooms 2.59 beds 2.59 beds 2.58 beds 2.58 beds 2.59 beds
Avg Bathrooms 1.96 baths 1.95 baths 1.95 baths 1.95 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arsenal Technical High School 75 $233,297 69 days
Franklin Central High School 101 $372,482 72 days
North Central High School 87 $431,065 84 days
Pike High School 95 $323,994 51 days
Warren Central High School 80 $280,502 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,927 $329,053 96 days
Distressed Homes 10 $237,180 155 days
Multi-Million Dollar Homes 119 $1,925,028 252 days
Newly Built Homes 387 $424,497 125 days
Homes with a Pool 165 $488,271 78 days
Reduced Price Homes 166 $306,341 77 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 © 2023 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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