If you need assistance, please call 317-601-0012

Indianapolis Market Report

$320,603

AVERAGE PRICE OF 3,200 HOMES

$224,176

AVERAGE PRICE OF 34 DISTRESSED HOMES

$2,018,794

AVERAGE PRICE OF 94 MULTI-MILLION DOLLAR HOMES

$501,598

AVERAGE PRICE OF 328 NEWLY BUILT HOMES

$452,999

AVERAGE PRICE OF 126 HOMES WITH A POOL

$286,802

AVERAGE PRICE OF 207 REDUCED PRICE HOMES

Average Home

Average Price $320,603
Avg Bedrooms 2.91 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $267,130
2 bedrooms $219,581
3 bedrooms $271,690
4 bedrooms $390,659
5 bedrooms $552,927
Indianapolis Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 2,972 3,484 3,885 4,010 4,086
Average Price $322,677 $319,805 $314,994 $312,727 $313,283
Avg Price Change +0.90% +1.53% +0.72% -0.18% -0.73%
Median Price $241,692 $240,612 $243,687 $245,078 $242,823
Med Price Change +0.45% -1.28% -0.57% +0.93% -2.05%
Avg Bedrooms 2.51 beds 2.54 beds 2.57 beds 2.59 beds 2.6 beds
Avg Bathrooms 1.88 baths 1.89 baths 1.93 baths 1.95 baths 1.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arsenal Technical High School 23 $246,565 57 days
Franklin Central High School 52 $338,881 58 days
North Central High School 35 $748,157 69 days
Pike High School 26 $247,352 33 days
Warren Central High School 33 $254,351 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,200 $320,603 105 days
Distressed Homes 34 $224,176 89 days
Multi-Million Dollar Homes 94 $2,018,794 300 days
Newly Built Homes 328 $501,598 133 days
Homes with a Pool 126 $452,999 83 days
Reduced Price Homes 207 $286,802 76 days
Keller Williams Thrive Real Estate & Co.
Michael Bounds
9865 E 116th St.
Fishers, IN 46037
317-601-0012

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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