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Indianapolis, IN 46239 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: 0.08
ActiveActive listings: 8787PendingPending 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): $315k$315kSoldMedian sold price (last 6 months): $308k$308k
What homes actually sell for in Indianapolis, IN
Distribution of 408 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $258k to $357k
$200k to $236k: 48 sales$200k$236k to $271k: 61 sales$271k to $307k: 74 sales74sales$271k$307k to $342k: 72 sales$342k to $378k: 58 sales$342k$378k to $414k: 33 sales$414k to $449k: 14 sales$414k$449k to $485k: 7 salesMedian $308k

What the numbers say

As of October 5, 2026, Resideline is tracking 87 active listings and 7 pending sales in ZIP code 46239. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $315,000, while the median of the 408 closed sales Resideline tracked over the last six months was $308,000. 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 46239 for 72 days.

Frequently asked questions

What is the median home price in 46239?

The median closed sale price in Indianapolis, IN 46239 was $308,000 over the last six months, based on 408 closed sales tracked by Resideline. The middle half of those sales ranged from $257,990 to $357,000.

Is 46239 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 87 active listings in 46239, a pending-to-active ratio of 0.08. 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, 46239 currently looks like a balanced market.

Nearby ZIP code market data

Full Indianapolis, IN housing market report →

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