Secondary metropolitan market · Indiana · June 2026 data

Indianapolis Real Estate Market

The Indianapolis, IN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Indianapolis report in a click.

Median listing price
$321,450
▼ 5.0% YoY
Median $ / sq ft
$167
1,893 sq ft median
Median days on market
45
June 2026
Active listings
5,694
For sale now
New listings
3,546
June 2026
Listings with price cuts
26%
Share of active
Median sale price (closed)
$314,810
▲ 3.1% YoY · closed sales
Sale-to-list ratio
97.8%
Closed sales
Homes sold / month
2,890
Closed sales
Median listing price trend
$338K$331K$324K$317K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Indianapolis IN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$350K$321K$292K$264K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Indianapolis IN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
5,694
New this month
3,546
Pending
3,773
Price-reduced
1,455

As of June 2026, the median home listed in Indianapolis, IN asks $321,450 — down 5.0% from a year ago. Homes are taking a median of 45 days to go under contract, and 26% of the 5,694 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
49/100
#473 of 932 covered metros
12-month outlook
-3.8%
▼ Cooling · model output, not advice
Price volatility
Low
σ 5.1% · 20-yr price-index swings
Momentum
25
Value
47
Rental yield
88
Supply risk
69
Market heat
66

Indianapolis scores 49/100 on our composite Investor Score (#473 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 51% over five years and +108% over ten, leaving prices 75% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,454/mo for a two-bedroom, the gross rental yield on the median listing is about 5.4%; active inventory sits at 108% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 5.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Indianapolis ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,449/mo
−$165/mo vs today
At today's rate · 6.43%
$1,614/mo
National weekly average
If rates rise 1% · 7.43%
$1,786/mo
+$172/mo vs today

Principal & interest on the $321,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
11,466
▼ 3.6% vs 2024
5.4 per 1,000 residents
Net migration (2022–2023)
+3,812
▲ people, via tax-return records
net income flow −$59.1M/yr
Job growth (YoY)
-1.1%
▼ 1,176.5k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Indianapolis market news

Indianapolis housing shows sustained high demand and climbing inventory, despite increased mortgage rates. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Indianapolis market FAQs

What is the median home price in Indianapolis?
As of June 2026, the median listing price in Indianapolis, IN is $321,450, down 5.0% year over year (source: public records and industry data).
How fast are homes selling in Indianapolis?
The median property in Indianapolis spends 45 days on the market, with 5,694 homes actively listed and 26% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Indianapolis?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Indianapolis and the wider Indiana market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.