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Indianapolis, IN 46220 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: 0.04
ActiveActive listings: 4646PendingPending sales: 22
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): $345k$345kSoldMedian sold price (last 6 months): $370k$370k
What homes actually sell for in Indianapolis, IN
Distribution of 394 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $505k
$203k to $284k: 50 sales$203k$284k to $365k: 126 sales126sales$365k to $446k: 74 sales$365k$446k to $527k: 40 sales$527k to $608k: 28 sales$527k$608k to $688k: 18 sales$688k to $769k: 13 sales$688k$769k to $850k: 6 salesMedian $370k

What the numbers say

As of October 5, 2026, Resideline is tracking 46 active listings and 2 pending sales in ZIP code 46220. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $345,000, while the median of the 394 closed sales Resideline tracked over the last six months was $370,000. 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 64 days.

Frequently asked questions

What is the median home price in 46220?

The median closed sale price in Indianapolis, IN 46220 was $370,000 over the last six months, based on 394 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $505,000.

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

Resideline is currently tracking 2 pending sales against 46 active listings in 46220, a pending-to-active ratio of 0.04. 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

Full Indianapolis, IN housing market report →

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