Indianapolis, IN 46219 Real Estate Market Report

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

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Executive Overview

As of February 2026, the median sold price in Indianapolis, IN (ZIP: 46219) stands at $193,000, reflecting a stable market environment. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. Despite this appreciation, the market is characterized by elevated inventory levels, suggesting a shift toward a more balanced environment as buyer activity moderates due to elevated interest rate pressure. The median listing price of $205,000 indicates a pricing gap that may create friction in negotiations, as sellers adjust expectations in response to current market conditions.

The median days on market is notably high at 175 days, which points to slower sales velocity and may indicate buyer patience as they navigate elevated interest rates. While local job growth supports housing stability, the overall market temperature remains neutral, reflecting a balance between supply and demand dynamics. This context suggests that while there is potential for continued price appreciation, buyers may exercise caution in their purchasing decisions due to the current economic landscape.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Indianapolis, IN are around 6.19% compared to the 2026 average forecast of 6.91% (calculated from available 2026 data points).

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

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Key Findings

1. $193,000 median sold price indicates a positive trend, having increased 15% since 2023, reflecting strong market performance.

2. 175 days median days on market suggests slower sales velocity, indicating buyer patience in the current market.

3. $205,000 median listing price reveals a pricing gap that may create friction in negotiations.

4. Elevated inventory levels suggest moderate sales activity, moving towards a more balanced market.

5. Elevated interest rate pressure may continue to influence buyer behavior, contributing to a neutral market temperature.

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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.