Market Snapshot
- Median listing price
- $182K
- Median rent
- $1,200/mo
- Days on market
- 365 days
- Gross rental yield
- 7.89%
- STR vs LTR
- $1,567/mo STR · $1,200/mo LTR
The median listing price in Indianapolis, IN ZIP 46201 is $182,450 as of June 2026.
The median market rent in Indianapolis, IN ZIP 46201 is $1,200/month as of June 2026.
The median days on market in Indianapolis, IN ZIP 46201 is 365 days as of June 2026. The market is currently neutral.
At a median list price of $182,450 and a median rent of $1,200/month, the gross rental yield in Indianapolis, IN ZIP 46201 is 7.89% as of June 2026.
In Indianapolis, IN ZIP 46201, median Airbnb revenue is $1,567/month compared to median long-term rent of $1,200/month as of June 2026.
Indianapolis, IN 46201 Real Estate Market Report
ZIP Code: 46201
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
- The primary market signal is the median sold price: 150,000, which represents recent transaction value and suggests a stable baseline for valuation decisions; use sold prices over listing prices for pricing guidance.
- There is a notable gap between the median listing price: 182,450 and the median sold price: 150,000, which may indicate pricing friction or seller expectation mismatch that could give buyers negotiating leverage; balanced to cooling market dynamics.
- Liquidity appears slow: the median days on market: 365 points to extended marketing times and slower transaction velocity, which may require pricing or condition concessions to expedite sales; slower sales velocity.
- Market context shows a modest price tailwind with price year-over-year trend: up while the market temperature: neutral and interest rate pressure: moderate together suggest cautious optimism—buyers may benefit from increased inventory and stable rents as rent year-over-year trend: flat; up.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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