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Indianapolis, IN 46202 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Indianapolis, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 7979PendingPending sales: 22
Indianapolis, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $450k$450kSoldMedian sold price (last 6 months): $442k$442k
What homes actually sell for in Indianapolis, IN
Distribution of 191 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $620k
$130k to $232k: 19 sales$130k$232k to $335k: 26 sales$335k to $438k: 42 sales42sales$335k$438k to $540k: 27 sales$540k to $642k: 25 sales$540k$642k to $745k: 15 sales$745k to $848k: 7 sales$745k$848k to $950k: 12 salesMedian $442k

What the numbers say

As of October 5, 2026, Resideline is tracking 79 active listings and 2 pending sales in ZIP code 46202. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $450,000, while the median of the 191 closed sales Resideline tracked over the last six months was $442,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46202 for 75 days.

Frequently asked questions

What is the median home price in 46202?

The median closed sale price in Indianapolis, IN 46202 was $442,500 over the last six months, based on 191 closed sales tracked by Resideline. The middle half of those sales ranged from $320,000 to $620,000.

Is 46202 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 79 active listings in 46202, a pending-to-active ratio of 0.03. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46202 currently looks like a balanced market.

Nearby ZIP code market data

Full Indianapolis, IN housing market report →

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