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Indianapolis, IN 46205 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Indianapolis, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 8080PendingPending sales: 99
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): $248k$248kSoldMedian sold price (last 6 months): $299k$299k
What homes actually sell for in Indianapolis, IN
Distribution of 306 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $210k to $425k
$130k to $218k: 73 sales$130k$218k to $306k: 76 sales76sales$306k to $394k: 53 sales$306k$394k to $482k: 38 sales$482k to $571k: 16 sales$482k$571k to $659k: 12 sales$659k to $747k: 4 sales$659k$747k to $835k: 5 salesMedian $299k

What the numbers say

As of September 14, 2026, Resideline is tracking 80 active listings and 9 pending sales in ZIP code 46205. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $248,250, while the median of the 306 closed sales Resideline tracked over the last six months was $299,000. 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 46205 for 58 days.

Frequently asked questions

What is the median home price in 46205?

The median closed sale price in Indianapolis, IN 46205 was $299,000 over the last six months, based on 306 closed sales tracked by Resideline. The middle half of those sales ranged from $210,000 to $425,000.

Is 46205 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 80 active listings in 46205, a pending-to-active ratio of 0.11. 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, 46205 currently looks like a balanced market.

Nearby ZIP code market data

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