Indianapolis Market Report

$277,369

AVERAGE PRICE OF 5,398 HOMES

$112,355

AVERAGE PRICE OF 43 DISTRESSED HOMES

$2,123,460

AVERAGE PRICE OF 156 MULTI-MILLION DOLLAR HOMES

$375,246

AVERAGE PRICE OF 380 NEWLY BUILT HOMES

$585,378

AVERAGE PRICE OF 144 HOMES WITH A POOL

$275,972

AVERAGE PRICE OF 276 REDUCED PRICE HOMES

Average Home

Average Price $277,369
Avg Bedrooms 2.58 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $196,943
2 bedrooms $173,728
3 bedrooms $241,900
4 bedrooms $343,888
5 bedrooms $544,140
Indianapolis Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 5,376 5,337 5,261 5,162 5,068
Average Price $274,718 $275,393 $274,599 $259,622 $260,440
Avg Price Change -0.25% +0.29% +5.77% -0.32% +0.13%
Median Price $180,211 $179,925 $179,650 $179,270 $175,132
Med Price Change +0.16% +0.15% +0.21% +2.36% +0.05%
Avg Bedrooms 2.61 beds 2.6 beds 2.6 beds 2.58 beds 2.55 beds
Avg Bathrooms 2.02 baths 2.01 baths 2 baths 1.98 baths 1.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,398 $277,369 109 days
Distressed Homes 43 $112,355 116 days
Multi-Million Dollar Homes 156 $2,123,460 221 days
Newly Built Homes 380 $375,246 160 days
Homes with a Pool 144 $585,378 93 days
Reduced Price Homes 276 $275,972 62 days
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 © 2019 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.