Indianapolis, IN 46219 Real Estate Market Report

ZIP Code: 46219
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Indianapolis, IN (ZIP: 46219) stands at $169,000, reflecting a stable market with moderate price appreciation. This indicates a healthy demand for properties, particularly as the neighborhood has increased 8% since 2022. The market is characterized by elevated inventory levels, providing buyers with more options and potentially influencing negotiation dynamics.

Transaction activity has shown moderate velocity, with properties experiencing a median of 238 days on market. This extended timeframe may suggest a slower sales velocity, although the overall market temperature remains neutral. Buyers may find opportunities, particularly in segments where inventory is more abundant, while sellers should be mindful of the competitive landscape as they set expectations for pricing.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The median sold price of $169,000 indicates a stable market with ongoing buyer interest.

2. Properties are taking a median of 238 days on market, suggesting a slower sales velocity in the current environment.

3. Elevated inventory levels may provide buyers with more leverage in negotiations, particularly in segments with excess supply relative to sales activity.

4. The median listing price of $165,000 is closely aligned with sold prices, indicating balanced pricing dynamics in the market.

5. The median market rent of $1,397 reflects stabilizing rent growth, although the year-over-year trend is down.

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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.