Start Free
All market snapshots / 46208

Indianapolis, IN 46208 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: 0.08
ActiveActive listings: 6363PendingPending sales: 55
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): $190k$190kSoldMedian sold price (last 6 months): $200k$200k
What homes actually sell for in Indianapolis, IN
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $136k to $335k
$54k to $138k: 47 sales$54k$138k to $222k: 72 sales72sales$222k to $306k: 33 sales$222k$306k to $390k: 19 sales$390k to $474k: 11 sales$390k$474k to $557k: 5 sales$557k to $641k: 8 sales$557k$641k to $725k: 5 salesMedian $200k

What the numbers say

As of October 5, 2026, Resideline is tracking 63 active listings and 5 pending sales in ZIP code 46208. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $189,900, while the median of the 223 closed sales Resideline tracked over the last six months was $200,000. 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 74 days.

Frequently asked questions

What is the median home price in 46208?

The median closed sale price in Indianapolis, IN 46208 was $200,000 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $135,864 to $334,900.

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

Resideline is currently tracking 5 pending sales against 63 active listings in 46208, a pending-to-active ratio of 0.08. 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, 46208 currently looks like a balanced market.

Nearby ZIP code market data

Full Indianapolis, IN housing market report →

Running a deal in 46208? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

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