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Indianapolis, IN 46254 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: 0.15
ActiveActive listings: 3434PendingPending sales: 55
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): $230k$230kSoldMedian sold price (last 6 months): $216k$216k
What homes actually sell for in Indianapolis, IN
Distribution of 221 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $173k to $260k
$125k to $155k: 33 sales$125k$155k to $186k: 21 sales$186k to $216k: 46 sales46sales$186k$216k to $246k: 42 sales$246k to $277k: 28 sales$246k$277k to $307k: 20 sales$307k to $338k: 4 sales$307k$338k to $368k: 4 salesMedian $216k

What the numbers say

As of October 5, 2026, Resideline is tracking 34 active listings and 5 pending sales in ZIP code 46254. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $229,950, while the median of the 221 closed sales Resideline tracked over the last six months was $216,050. 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 46254 for 70 days.

Frequently asked questions

What is the median home price in 46254?

The median closed sale price in Indianapolis, IN 46254 was $216,050 over the last six months, based on 221 closed sales tracked by Resideline. The middle half of those sales ranged from $173,000 to $260,000.

Is 46254 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 34 active listings in 46254, a pending-to-active ratio of 0.15. 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, 46254 currently looks like a balanced market.

Nearby ZIP code market data

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