Indianapolis, IN 46219 Real Estate Market Report

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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price $204,650 is the primary indicator of recent value — recent transactions center around this price, suggesting realized market value is above the local asking point; price is trending up year-over-year, which supports modest appreciation.
2. median listing price $194,700 sits below the median sold price, which may indicate sellers are listing with competitive asks or that final sale prices are exceeding initial list expectations; this pricing gap suggests pricing friction between list and realized transaction prices and may favor sellers in negotiated outcomes.
3. median days on market 271 points to materially slower sales velocity and longer time-to-close than typical market cycles, which appears inconsistent with headline price gains and may reflect a cautious buyer pool or limited buyer financing appetite; this suggests slower liquidity despite upward price momentum.
4. Current 30-year fixed mortgage rates in Indianapolis, IN are averaging 6.49%, which is 0.5% lower than the 6.99% average observed earlier in 2026. Elevated interest rate pressure remains a constraint on affordability and could moderate demand even as rents and prices show upward movement; elevated interest rate pressure warrants caution for leveraged buyers and investors.

Notable Properties

The following 7 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.