Indianapolis Market Report

$275,395

AVERAGE PRICE OF 3,359 HOMES

$81,180

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,751,010

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$424,213

AVERAGE PRICE OF 252 NEWLY BUILT HOMES

$359,151

AVERAGE PRICE OF 250 HOMES WITH A POOL

$282,697

AVERAGE PRICE OF 140 REDUCED PRICE HOMES

Average Home

Average Price $275,395
Avg Bedrooms 3.06 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $211,929
2 bedrooms $201,542
3 bedrooms $248,935
4 bedrooms $353,566
5 bedrooms $552,047
Indianapolis Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 3,343 3,061 3,219 3,153 2,891
Average Price $278,888 $281,578 $284,226 $280,914 $275,844
Avg Price Change -0.96% -0.94% +1.18% +1.84% +3.00%
Median Price $223,615 $223,825 $223,695 $218,376 $213,227
Med Price Change -0.09% +0.06% +2.44% +2.41% +2.43%
Avg Bedrooms 3.07 beds 3.07 beds 3.06 beds 3.05 beds 3.03 beds
Avg Bathrooms 2.34 baths 2.34 baths 2.36 baths 2.35 baths 2.34 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,359 $275,395 56 days
Distressed Homes 5 $81,180 162 days
Multi-Million Dollar Homes 41 $1,751,010 136 days
Newly Built Homes 252 $424,213 119 days
Homes with a Pool 250 $359,151 43 days
Reduced Price Homes 140 $282,697 44 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 © 2021 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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