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All market snapshots / 46237

Indianapolis, IN 46237 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: 0.10
ActiveActive listings: 6262PendingPending sales: 66
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): $232k$232kSoldMedian sold price (last 6 months): $275k$275k
What homes actually sell for in Indianapolis, IN
Distribution of 382 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $330k
$150k to $199k: 51 sales$150k$199k to $248k: 63 sales$248k to $296k: 109 sales109sales$248k$296k to $345k: 64 sales$345k to $394k: 28 sales$345k$394k to $442k: 12 sales$442k to $491k: 8 sales$442k$491k to $540k: 8 salesMedian $275k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 6 pending sales in ZIP code 46237. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $232,450, while the median of the 382 closed sales Resideline tracked over the last six months was $275,000. 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 46237 for 63 days.

Frequently asked questions

What is the median home price in 46237?

The median closed sale price in Indianapolis, IN 46237 was $275,000 over the last six months, based on 382 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $330,000.

Is 46237 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 62 active listings in 46237, a pending-to-active ratio of 0.10. 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, 46237 currently looks like a balanced market.

Nearby ZIP code market data

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