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All market snapshots / 46237

Indianapolis, IN 46237 Housing Market

Data snapshot: October 26, 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: 7272PendingPending sales: 33
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): $275k$275kSoldMedian sold price (last 6 months): $273k$273k
What homes actually sell for in Indianapolis, IN
Distribution of 352 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $330k
$144k to $190k: 42 sales$144k$190k to $236k: 53 sales$236k to $282k: 84 sales84sales$236k$282k to $328k: 68 sales$328k to $375k: 38 sales$328k$375k to $421k: 15 sales$421k to $467k: 14 sales$421k$467k to $513k: 3 salesMedian $273k

What the numbers say

As of October 26, 2026, Resideline is tracking 72 active listings and 3 pending sales in ZIP code 46237. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $274,950, while the median of the 352 closed sales Resideline tracked over the last six months was $273,000. 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 70 days.

Frequently asked questions

What is the median home price in 46237?

The median closed sale price in Indianapolis, IN 46237 was $273,000 over the last six months, based on 352 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $329,900.

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

Resideline is currently tracking 3 pending sales against 72 active listings in 46237, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 46237 is currently a slower-moving market.

Nearby ZIP code market data

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