Indianapolis Market Report

$256,752

AVERAGE PRICE OF 3,412 HOMES

$70,960

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,698,086

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$373,503

AVERAGE PRICE OF 314 NEWLY BUILT HOMES

$380,499

AVERAGE PRICE OF 247 HOMES WITH A POOL

$295,073

AVERAGE PRICE OF 111 REDUCED PRICE HOMES

Average Home

Average Price $256,752
Avg Bedrooms 3.05 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $204,259
2 bedrooms $183,752
3 bedrooms $229,753
4 bedrooms $330,018
5 bedrooms $489,404
Indianapolis Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 3,676 3,861 3,681 3,704 3,476
Average Price $263,796 $270,622 $276,440 $279,364 $279,188
Avg Price Change -2.59% -2.15% -1.06% +0.06% n/a
Median Price $205,813 $208,264 $208,682 $212,884 $212,705
Med Price Change -1.19% -0.20% -2.01% +0.08% n/a
Avg Bedrooms 3.06 beds 3.09 beds 3.1 beds 3.11 beds 3.12 beds
Avg Bathrooms 2.38 baths 2.44 baths 2.46 baths 2.48 baths 2.49 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,412 $256,752 57 days
Distressed Homes 5 $70,960 87 days
Multi-Million Dollar Homes 37 $1,698,086 99 days
Newly Built Homes 314 $373,503 86 days
Homes with a Pool 247 $380,499 55 days
Reduced Price Homes 111 $295,073 50 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 © 2020 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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