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INDIANAPOLIS, IN 46217

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46217

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Market Analysis

Data as of February 2026. Source: Realtor.com.

The INDIANAPOLIS, IN real estate market (46217) currently shows 103 active listings, with 36 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 68 days last year.

The median listing price has risen 5.8% year-over-year, from $253,375 to $268,175.

Whether you are buying or selling in INDIANAPOLIS, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,082  ·  Density: 713.2/mi²  ·  Median household income: $85,440

Typical home value: $196,063  ·  Homeownership: 81.4%

Market Overview

Active Listings
103
⇧ 6.2% vs 97 last year
Pending
36
35% pending ratio
Median Price
$268,175
⇧ 5.8% vs $253,375 last year
Average Price
$288,229
⇩ 3.8% vs $299,557 last year
Days on Market
58
⇩ 14.7% vs 68 days last year

Price Per Square Foot

Median $/sqft
$159
⇩ 1.2% vs $161/sqft last year
Median Home Size
1,710 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 97 last year
  • Days on market: 58 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $268,175 (+5.8% YoY)
  • Average: $288,229 (-3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.0 miles — 1,300 listings ($377,045,173 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46217Indianapolis, IN 462170.0 mi103$30,839,127$265,000$299,409
46227Indianapolis, IN 462273.3 mi147$34,814,157$234,900$236,831
46225Indianapolis, IN 462255.0 mi66$17,981,766$250,000$272,451
46107Beech Grove, IN 461076.2 mi47$9,838,275$210,000$209,325
46113Camby, IN 461136.5 mi59$18,899,470$290,000$320,330
46143Greenwood, IN 461436.9 mi230$108,137,720$380,000$470,164
46231Indianapolis, IN 462317.9 mi28$7,911,568$264,450$282,556
46222Indianapolis, IN 462228.3 mi93$16,824,723$162,500$180,911
46224Indianapolis, IN 462249.1 mi37$9,284,003$245,000$250,919
46184Whiteland, IN 4618410.1 mi73$23,341,093$289,900$319,741
46218Indianapolis, IN 4621810.5 mi162$25,874,802$150,000$159,721
46239Indianapolis, IN 4623910.8 mi144$49,339,008$314,950$342,632
46219Indianapolis, IN 4621911.0 mi111$23,959,461$197,000$215,851

Frequently Asked Questions

How many homes are for sale in INDIANAPOLIS, IN 46217?

As of February 2026, there are 103 active listings in INDIANAPOLIS, IN (zip code 46217), compared to 97 the prior year.

What is the median home price in INDIANAPOLIS, IN 46217?

The median listing price in INDIANAPOLIS, IN 46217 is $268,175 as of February 2026, a 5.8% increase from $253,375 the prior year.

How long do homes stay on the market in INDIANAPOLIS, IN?

Homes in INDIANAPOLIS, IN 46217 spend an average of 58 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in INDIANAPOLIS, IN 46217?

Based on current inventory and days-on-market data as of February 2026, INDIANAPOLIS, IN 46217 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 68 days last year.

How much can I save on real estate commission in INDIANAPOLIS, IN?

With SELL123.com's maximum 3% commission, sellers in INDIANAPOLIS, IN 46217 save an estimated $5,364 compared to a typical 5% commission on the median listing price of $268,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.