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Indianapolis, IN 46254 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: 0.20
ActiveActive listings: 4141PendingPending sales: 88
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): $206k$206kSoldMedian sold price (last 6 months): $215k$215k
What homes actually sell for in Indianapolis, IN
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $173k to $260k
$115k to $147k: 20 sales$115k$147k to $178k: 28 sales$178k to $210k: 40 sales$178k$210k to $242k: 53 sales53sales$242k to $273k: 33 sales$242k$273k to $305k: 18 sales$305k to $336k: 5 sales$305k$336k to $368k: 4 salesMedian $215k

What the numbers say

As of September 14, 2026, Resideline is tracking 41 active listings and 8 pending sales in ZIP code 46254. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $206,000, while the median of the 223 closed sales Resideline tracked over the last six months was $215,000. 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 46254 for 54 days.

Frequently asked questions

What is the median home price in 46254?

The median closed sale price in Indianapolis, IN 46254 was $215,000 over the last six months, based on 223 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 8 pending sales against 41 active listings in 46254, a pending-to-active ratio of 0.20. 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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