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Indianapolis Market Report

$274,389

AVERAGE PRICE OF 5,286 HOMES

$106,685

AVERAGE PRICE OF 61 DISTRESSED HOMES

$2,089,465

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$374,535

AVERAGE PRICE OF 348 NEWLY BUILT HOMES

$552,478

AVERAGE PRICE OF 158 HOMES WITH A POOL

$332,817

AVERAGE PRICE OF 198 REDUCED PRICE HOMES

Average Home

Average Price $274,389
Avg Bedrooms 2.6 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $188,717
2 bedrooms $169,399
3 bedrooms $240,587
4 bedrooms $336,682
5 bedrooms $573,249
Indianapolis Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 5,162 5,068 4,714 4,433 4,279
Average Price $259,622 $260,440 $260,100 $257,551 $249,024
Avg Price Change -0.32% +0.13% +0.99% +3.42% +3.54%
Median Price $179,270 $175,132 $175,043 $174,940 $169,268
Med Price Change +2.36% +0.05% +0.06% +3.35% +2.69%
Avg Bedrooms 2.58 beds 2.55 beds 2.53 beds 2.52 beds 2.5 beds
Avg Bathrooms 1.98 baths 1.98 baths 1.97 baths 1.94 baths 1.92 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,286 $274,389 103 days
Distressed Homes 61 $106,685 185 days
Multi-Million Dollar Homes 151 $2,089,465 187 days
Newly Built Homes 348 $374,535 153 days
Homes with a Pool 158 $552,478 77 days
Reduced Price Homes 198 $332,817 63 days
James Embry Team | Keller Williams
James Embry
11550 North Meridian Street, Ste 450
Carmel, IN 46032
317-903-0262

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.