Indianapolis Home Search | Airdeed Homes

Data Presented by Airdeed Homes, Your Real Estate Search Engine

Median Home Listing Price and Average House Price

In Indianapolis, IN the median home listing price stands at $304,000, indicating the midpoint of all homes listed for sale. However, the average house price is slightly higher, at $401,119. This suggests that there is a mix of lower-priced and higher-priced homes available, contributing to the average price being higher than the median.

Square Footage and Listing Price per Square Foot

The median square footage of homes in Indianapolis is 2,027, providing potential buyers with ample space options. When considering the listing price per square foot, the median value is $151. This metric allows buyers to compare the relative value of homes based on their size and price per square foot, providing insight into the efficiency of the market.

Active Home Listings and Median Days on the Market

Currently, there are 3,695 active home listings in the Indianapolis Metropolitan Area. This indicates a healthy inventory level, offering potential buyers a wide range of choices. On average, homes in this market stay on the market for a median of 57 days. This relatively short duration suggests a relatively active market, where homes are selling at a reasonable pace.

Market Analysis

The Indianapolis housing market presents an interesting picture. The gap between the median home listing price and the average house price indicates a diverse range of properties available to buyers, catering to various budgets and preferences. The median square footage of 2,027 provides ample space for homeowners, accommodating different lifestyles and needs.

Moreover, the median listing price per square foot of $151 allows buyers to assess the value of homes based on their size, helping them make informed decisions. With 3,695 active home listings, the market offers a healthy inventory, ensuring buyers have numerous options to choose from.