Indianapolis, IN metro area Housing Market Brief
metro · IN · score computed September 2026
What is Indianapolis, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band
Where is Indianapolis, IN metro area in its market cycle?
Indianapolis, IN metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Indianapolis, IN metro area?
Our model forecasts Indianapolis, IN metro area’s home prices to rise about 2.0% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Indianapolis, IN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $326K | ▲ +0.3% |
| Median Days on Market | 51 days | ▲ +8.5% |
| Months of Supply | 2.7 | ▲ +3.9% |
| Homes for Sale | 7,074 | ▲ +9.1% |
| Homes Sold | 2,649 | ▲ +4.3% |
| Median Price / Sq Ft | $156 | ▲ +0.8% |
Markets like Indianapolis, IN metro area
- Winston-Salem, NC metro area, NCmetro51
- Richmond, KY metro area, KYmetro50
- Greensboro, NC metro area, NCmetro51
- Blacksburg, VA metro area, VAmetro51
- Kansas City, MO metro area, MOmetro51
- Oklahoma City, OK metro area, OKmetro54
- Gary, IN metro area, INmetro56
- New Bern, NC metro area, NCmetro53
- Yuma, AZ metro area, AZmetro50
- Waco, TX metro area, TXmetro49
Frequently asked questions
Is Indianapolis, IN metro area a buyer's or seller's market?
In the scores computed September 2026, Indianapolis, IN metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Indianapolis, IN metro area?
The median sale price in Indianapolis, IN metro area is $326K, having held roughly steady over the past year.
How affordable is Indianapolis, IN metro area?
Indianapolis, IN metro area scores 45 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Indianapolis, IN metro area's Alpha Score?
Indianapolis, IN metro area's strongest dimension is Inventory Health (68/100) and its weakest is Affordability (45/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Indianapolis, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.