The Downtown Indianapolis housing market is not very competitive. The median sale price of a home in Downtown Indianapolis was $410K last month, up 23.4% since last year. The median sale price per square foot in Downtown Indianapolis is $265, up 10.9% since last year.
Downtown Indianapolis Housing Market Trends
In August 2023, Downtown Indianapolis home prices were up 23.4% compared to last year, selling for a median price of $410K. On average, homes in Downtown Indianapolis sell after 52 days on the market compared to 34 days last year. There were 78 homes sold in August this year, down from 81 last year.
How hot is the Downtown Indianapolis housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 51 days.
- Hot homescan sell for about 1% below list price and go pending in around 12 days.
Home offer insights for Downtown Indianapolis
View houses in Downtown Indianapolis that sold recently
Recently sold homes
Schools in Downtown Indianapolis
Center For Inquiry School 2
Public • K-8
Edison School of the Arts 47
Public • K-8
William Penn School 49
Public • PreK-8
Wendell Phillips School 63
Public • PreK-6