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Updated May 2026 · Redfin

Indianapolis Real Estate Market Update, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

Here are the latest housing market numbers for Indianapolis, IN, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $260K.

Indianapolis, IN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$260K▲ +3.2%▲ +2.0%
Days on market19▼ -20.8%▲ +18.8%
Homes for sale2,642▼ -3.4%▲ +2.3%
Sale-to-list98.3%▲ +0.2%▼ -0.3%
Months of supply2.3▼ -14.8%▲ +9.5%
Homes sold1,169▲ +14.9%▼ -3.0%

Figures from Redfin Data Center. Verify against your MLS before posting.

What the Indianapolis numbers say

Prices in Indianapolis are still rising. The median sale price reached $260,000, up 2.0% year over year. Homes are moving fast: a typical listing goes under contract in about 19 days, and sellers are getting 98.3% of list price.

With 2,642 homes for sale and 2.3 months of supply, Indianapolis is currently a seller's market.

What this means if you sell in Indianapolis

Use these figures to set expectations early with each client. Lead a listing appointment with the $260K median price and the 19-day pace, show the year-over-year direction, and frame Indianapolis as a seller's market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.

How we track the Indianapolis market

We built LOKAL to pull Indianapolis's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $260K median sale price, +2.0% year over year, 19 days on market and a 98.3% sale-to-list ratio across 1,169 recorded sales. That compares with roughly $255K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

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Frequently asked: the Indianapolis housing market

What is the median home price in Indianapolis, IN?
As of May 2026, the median sale price in Indianapolis is $260,000 (+2.0% year over year), per the Redfin Data Center.
Is Indianapolis a buyer's or seller's market right now?
Indianapolis is currently a seller's market, based on 2.3 months of supply and a 98.3% sale-to-list ratio for May 2026.
How long do homes take to sell in Indianapolis?
A typical Indianapolis listing goes under contract in about 19 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this Indianapolis market data come from?
All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Indianapolis agents. LOKAL is not affiliated with Redfin.

Other US metros

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Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.

Indianapolis housing market by ZIP code

See Indianapolis block by block. These 35 Indianapolis-area ZIP codes each have their own real Redfin median price, days on market and supply.

46203 · $209K46237 · $265K46201 · $181K46239 · $308K46220 · $356K46227 · $234K46205 · $325K46219 · $210K46217 · $256K46208 · $210K46226 · $181K46218 · $143K46254 · $215K46256 · $320K46229 · $214K46236 · $346K46221 · $230K46260 · $330K46235 · $237K46202 · $425K46222 · $142K46234 · $275K46240 · $400K46224 · $230K46268 · $275K46228 · $286K46214 · $234K46241 · $173K46259 · $378K46250 · $330K46225 · $212K46231 · $248K46280 · $375K46278 · $490K46204 · $343KMore Indiana ZIP codes →