Indianapolis Market Report

$316,309

AVERAGE PRICE OF 3,796 HOMES

$83,250

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,848,898

AVERAGE PRICE OF 118 MULTI-MILLION DOLLAR HOMES

$474,979

AVERAGE PRICE OF 353 NEWLY BUILT HOMES

$396,370

AVERAGE PRICE OF 204 HOMES WITH A POOL

$263,629

AVERAGE PRICE OF 122 REDUCED PRICE HOMES

Average Home

Average Price $316,309
Avg Bedrooms 2.56 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $231,246
2 bedrooms $217,804
3 bedrooms $270,689
4 bedrooms $389,353
5 bedrooms $564,618
Indianapolis Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 4,010 4,086 4,097 4,098 n/a
Average Price $312,727 $313,283 $315,561 $323,658 n/a
Avg Price Change -0.18% -0.73% -2.57% n/a n/a
Median Price $245,078 $242,823 $247,796 $249,999 n/a
Med Price Change +0.93% -2.05% -0.89% n/a n/a
Avg Bedrooms 2.59 beds 2.6 beds 2.61 beds 2.62 beds n/a
Avg Bathrooms 1.95 baths 1.94 baths 1.94 baths 1.96 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,796 $316,309 91 days
Distressed Homes 2 $83,250 395 days
Multi-Million Dollar Homes 118 $1,848,898 235 days
Newly Built Homes 353 $474,979 135 days
Homes with a Pool 204 $396,370 53 days
Reduced Price Homes 122 $263,629 57 days
Keller Williams Realty | The Gutting Group
Derek Gutting
11550 N Meridian, Ste 450
Carmel, IN 46032

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 © 2022 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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