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Indianapolis, IN 46202 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Indianapolis, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 7575PendingPending sales: 33
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): $455k$455kSoldMedian sold price (last 6 months): $426k$426k
What homes actually sell for in Indianapolis, IN
Distribution of 178 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $310k to $595k
$130k to $232k: 20 sales$130k$232k to $335k: 24 sales$335k to $438k: 41 sales41sales$335k$438k to $540k: 23 sales$540k to $642k: 25 sales$540k$642k to $745k: 11 sales$745k to $848k: 6 sales$745k$848k to $950k: 10 salesMedian $426k

What the numbers say

As of October 26, 2026, Resideline is tracking 75 active listings and 3 pending sales in ZIP code 46202. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $455,000, while the median of the 178 closed sales Resideline tracked over the last six months was $425,600. 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 93 days.

Frequently asked questions

What is the median home price in 46202?

The median closed sale price in Indianapolis, IN 46202 was $425,600 over the last six months, based on 178 closed sales tracked by Resideline. The middle half of those sales ranged from $310,000 to $595,000.

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

Resideline is currently tracking 3 pending sales against 75 active listings in 46202, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 46202 is currently a slower-moving market.

Nearby ZIP code market data

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