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Indianapolis, IN 46221 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: 0.21
ActiveActive listings: 3333PendingPending 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): $149k$149kSoldMedian sold price (last 6 months): $229k$229k
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: $170k to $262k
$70k to $106k: 13 sales$70k$106k to $141k: 13 sales$141k to $177k: 23 sales$141k$177k to $212k: 29 sales$212k to $248k: 56 sales56sales$212k$248k to $284k: 38 sales$284k to $319k: 12 sales$284k$319k to $355k: 14 salesMedian $229k

What the numbers say

As of September 14, 2026, Resideline is tracking 33 active listings and 7 pending sales in ZIP code 46221. That pending-to-active ratio of 0.21 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $149,240, while the median of the 219 closed sales Resideline tracked over the last six months was $229,000. 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 46221 for 60 days.

Frequently asked questions

What is the median home price in 46221?

The median closed sale price in Indianapolis, IN 46221 was $229,000 over the last six months, based on 219 closed sales tracked by Resideline. The middle half of those sales ranged from $170,000 to $262,000.

Is 46221 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 33 active listings in 46221, a pending-to-active ratio of 0.21. 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, 46221 currently looks like a balanced market.

Nearby ZIP code market data

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