Indianapolis Market Report

$287,588

AVERAGE PRICE OF 4,282 HOMES

$113,778

AVERAGE PRICE OF 23 DISTRESSED HOMES

$2,408,563

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$366,635

AVERAGE PRICE OF 296 NEWLY BUILT HOMES

$563,256

AVERAGE PRICE OF 110 HOMES WITH A POOL

$302,536

AVERAGE PRICE OF 118 REDUCED PRICE HOMES

Average Home

Average Price $287,588
Avg Bedrooms 2.43 beds
Avg Bathrooms 1.88 baths

Average Price by Bedrooms

1 bedroom $184,195
2 bedrooms $179,959
3 bedrooms $259,202
4 bedrooms $342,949
5 bedrooms $518,732
Indianapolis Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 4,047 4,527 5,144 5,399 5,376
Average Price $281,645 $277,524 $276,369 $276,552 $274,718
Avg Price Change +1.48% +0.42% -0.07% +0.67% -0.25%
Median Price $174,929 $175,200 $179,249 $179,892 $180,211
Med Price Change -0.15% -2.31% -0.36% -0.18% +0.16%
Avg Bedrooms 2.42 beds 2.46 beds 2.54 beds 2.58 beds 2.61 beds
Avg Bathrooms 1.86 baths 1.9 baths 1.96 baths 1.99 baths 2.02 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,282 $287,588 130 days
Distressed Homes 23 $113,778 72 days
Multi-Million Dollar Homes 124 $2,408,563 307 days
Newly Built Homes 296 $366,635 141 days
Homes with a Pool 110 $563,256 115 days
Reduced Price Homes 118 $302,536 94 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 © 2020 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.