Indianapolis Market Report

$280,427

AVERAGE PRICE OF 3,159 HOMES

$135,250

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,749,710

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$398,648

AVERAGE PRICE OF 250 NEWLY BUILT HOMES

$395,444

AVERAGE PRICE OF 213 HOMES WITH A POOL

$327,113

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $280,427
Avg Bedrooms 3.05 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $221,844
2 bedrooms $202,071
3 bedrooms $242,042
4 bedrooms $360,026
5 bedrooms $635,332
Indianapolis Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 2,891 2,702 2,708 2,678 3,137
Average Price $275,844 $267,822 $257,102 $259,441 $257,902
Avg Price Change +3.00% +4.17% -0.91% +0.60% -2.29%
Median Price $213,227 $208,167 $198,822 $200,358 $199,958
Med Price Change +2.43% +4.70% -0.77% +0.20% -2.93%
Avg Bedrooms 3.03 beds 3.02 beds 3.15 beds 3.13 beds 3.04 beds
Avg Bathrooms 2.34 baths 2.32 baths 2.29 baths 2.32 baths 2.34 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,159 $280,427 54 days
Distressed Homes 4 $135,250 174 days
Multi-Million Dollar Homes 52 $1,749,710 80 days
Newly Built Homes 250 $398,648 119 days
Homes with a Pool 213 $395,444 42 days
Reduced Price Homes 88 $327,113 41 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 © 2021 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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