Indianapolis Market Report

$324,871

AVERAGE PRICE OF 3,970 HOMES

$196,185

AVERAGE PRICE OF 31 DISTRESSED HOMES

$2,070,756

AVERAGE PRICE OF 99 MULTI-MILLION DOLLAR HOMES

$441,896

AVERAGE PRICE OF 312 NEWLY BUILT HOMES

$573,911

AVERAGE PRICE OF 93 HOMES WITH A POOL

$303,800

AVERAGE PRICE OF 223 REDUCED PRICE HOMES

Average Home

Average Price $324,871
Avg Bedrooms 2.57 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $217,819
2 bedrooms $211,247
3 bedrooms $288,348
4 bedrooms $404,608
5 bedrooms $560,608
Indianapolis Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 4,289 4,382 4,341 4,145 4,010
Average Price $346,488 $334,827 $337,960 $346,140 $350,948
Avg Price Change +3.48% -0.94% -2.42% -1.39% +0.21%
Median Price $255,821 $259,193 $259,908 $260,066 $264,272
Med Price Change -1.32% -0.28% -0.06% -1.62% -0.87%
Avg Bedrooms 2.61 beds 2.6 beds 2.6 beds 2.57 beds 2.58 beds
Avg Bathrooms 1.97 baths 1.97 baths 1.96 baths 1.96 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklin Central High School 150 $387,787 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,970 $324,871 110 days
Distressed Homes 31 $196,185 104 days
Multi-Million Dollar Homes 99 $2,070,756 302 days
Newly Built Homes 312 $441,896 127 days
Homes with a Pool 93 $573,911 89 days
Reduced Price Homes 223 $303,800 62 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 © 2024 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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