Is Indianapolis, IN 46235 a buyer’s or seller’s market?
Indianapolis is a seller’s market. With about 3.7 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score39/ 100
More competitive than 38% of U.S. ZIP codes, and #230 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.7Under 4 months = seller’s market
Sold above original list9.2%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$133▼ −3.4% vs. last year
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Nearby markets
Beech Grove 46107Seller’s market $126 /sq ftIndianapolis 46201Balanced $103 /sq ftIndianapolis 46202Balanced $222 /sq ftIndianapolis 46203Balanced $137 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology