Is Indianapolis, IN 46290 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Indianapolis is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Indianapolis housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Hamilton County, IN

Population	81
Average income	$268,052
Median home value	$570,700
Owner-occupied	100% of homes
Median year built	2002

Natural hazard riskTornadoes (very high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 46290; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 46290

Prefilled for 46290Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46290Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arcadia 46030Seller’s market $179 /sq ft Atlanta 46031Seller’s market $165 /sq ft Carmel 46032Seller’s market $218 /sq ft Carmel 46033Seller’s market $185 /sq ft Browse all markets →

Where Indianapolis is

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Questions about Indianapolis real estate

What are property taxes in Indianapolis?

About 0.88% of a home’s value a year in Hamilton County, or roughly $3,520 on a $400,000 home.

Local agents

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More tools for 46290

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Hamilton County property taxes Hamilton County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology