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Indianapolis Market Report

$259,440

AVERAGE PRICE OF 5,162 HOMES

$93,261

AVERAGE PRICE OF 70 DISTRESSED HOMES

$1,837,469

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$356,635

AVERAGE PRICE OF 358 NEWLY BUILT HOMES

$602,562

AVERAGE PRICE OF 137 HOMES WITH A POOL

$287,446

AVERAGE PRICE OF 213 REDUCED PRICE HOMES

Average Home

Average Price $259,440
Avg Bedrooms 2.56 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $200,688
2 bedrooms $168,116
3 bedrooms $211,627
4 bedrooms $330,036
5 bedrooms $548,632
Indianapolis Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 4,714 4,433 4,279 4,213 4,535
Average Price $260,100 $257,551 $249,024 $240,508 $237,347
Avg Price Change +0.99% +3.42% +3.54% +1.33% -0.60%
Median Price $175,043 $174,940 $169,268 $164,833 $164,946
Med Price Change +0.06% +3.35% +2.69% -0.07% -1.53%
Avg Bedrooms 2.53 beds 2.52 beds 2.5 beds 2.51 beds 2.52 beds
Avg Bathrooms 1.97 baths 1.94 baths 1.92 baths 1.89 baths 1.91 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,162 $259,440 103 days
Distressed Homes 70 $93,261 170 days
Multi-Million Dollar Homes 124 $1,837,469 218 days
Newly Built Homes 358 $356,635 148 days
Homes with a Pool 137 $602,562 96 days
Reduced Price Homes 213 $287,446 69 days
HomeSmart Realty Group
Phillip Hawkins
7620 US 31 S
Indianapolis, IN 46227
317-889-9999

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.