Is Indianapolis, IN 46202 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Indianapolis is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market

Sold above original list7.6%Share of sales, last 3 months

Median sale-to-list97.6%Sold price ÷ list price

Median days on market40Listing to accepted offer

Median price per sq ft$222▲ +0.2% vs. last year

Run the numbers for 46202

Prefilled for 46202Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46202Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Beech Grove 46107Seller’s market $126 /sq ft Indianapolis 46201Balanced $103 /sq ft Indianapolis 46203Balanced $137 /sq ft Indianapolis 46204Buyer’s market $234 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology