Start Free
All market snapshots / 46208

Indianapolis, IN 46208 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: 0.10
ActiveActive listings: 7272PendingPending sales: 77
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): $222k$222kSoldMedian sold price (last 6 months): $206k$206k
What homes actually sell for in Indianapolis, IN
Distribution of 219 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $140k to $340k
$60k to $152k: 59 sales$60k$152k to $245k: 67 sales67sales$245k to $338k: 28 sales$245k$338k to $430k: 16 sales$430k to $522k: 10 sales$430k$522k to $615k: 6 sales$615k to $708k: 9 sales$615k$708k to $800k: 4 salesMedian $206k

What the numbers say

As of October 26, 2026, Resideline is tracking 72 active listings and 7 pending sales in ZIP code 46208. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $222,200, while the median of the 219 closed sales Resideline tracked over the last six months was $206,000. 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 46208 for 79 days.

Frequently asked questions

What is the median home price in 46208?

The median closed sale price in Indianapolis, IN 46208 was $206,000 over the last six months, based on 219 closed sales tracked by Resideline. The middle half of those sales ranged from $139,900 to $340,000.

Is 46208 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 72 active listings in 46208, a pending-to-active ratio of 0.10. 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, 46208 is currently a typical-pace market.

Nearby ZIP code market data

Run any 46208 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.