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Indianapolis, IN 46220 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: 0.16
ActiveActive listings: 4343PendingPending 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): $310k$310kSoldMedian sold price (last 6 months): $357k$357k
What homes actually sell for in Indianapolis, IN
Distribution of 377 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $500k
$215k to $286k: 57 sales$215k$286k to $357k: 113 sales113sales$357k to $428k: 61 sales$357k$428k to $498k: 33 sales$498k to $569k: 33 sales$498k$569k to $640k: 20 sales$640k to $711k: 14 sales$640k$711k to $782k: 9 salesMedian $357k

What the numbers say

As of September 14, 2026, Resideline is tracking 43 active listings and 7 pending sales in ZIP code 46220. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $310,000, while the median of the 377 closed sales Resideline tracked over the last six months was $357,000. 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 46220 for 51 days.

Frequently asked questions

What is the median home price in 46220?

The median closed sale price in Indianapolis, IN 46220 was $357,000 over the last six months, based on 377 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $500,000.

Is 46220 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 43 active listings in 46220, a pending-to-active ratio of 0.16. 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, 46220 currently looks like a balanced market.

Nearby ZIP code market data

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