Indianapolis, IN metro area Housing Market Brief
metro · IN · as of August 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.
Where is Indianapolis, IN metro area in its market cycle?
Indianapolis, IN metro area is classified as Mature — holding near a healthy peak. 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 2.5% 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 | 47 days | ▲ +4.4% |
| 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% |
How has Indianapolis, IN metro area’s Alpha Score moved?
Markets like Indianapolis, IN metro area
- Houston, TX metro area, TXmetro39
- San Antonio, TX metro area, TXmetro39
- Memphis, TN metro area, TNmetro40
- Ames, IA metro area, IAmetro43
- Tyler, TX metro area, TXmetro48
- Pensacola, FL metro area, FLmetro47
- Waco, TX metro area, TXmetro44
- Lubbock, TX metro area, TXmetro46
- Dallas, TX metro area, TXmetro41
- Roanoke, VA metro area, VAmetro40
Frequently asked questions
Is Indianapolis, IN metro area a buyer's or seller's market?
As of August 2026, Indianapolis, IN metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, 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 59 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 Affordability (59/100) and its weakest is Inventory Health (31/100). 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.