All Home Types
Indianapolis, IN Housing Market
What is the housing market like in Indianapolis today?
In October 2024, Indianapolis home prices were up 4.3% compared to last year, selling for a median price of $240K. On average, homes in Indianapolis sell after 21 days on the market compared to 17 days last year. There were 988 homes sold in October this year, up from 944 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$240,000
+4.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Indianapolis, IN
$240,000
+4.3%
United States
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Indianapolis Migration & Relocation Trends
In Aug '24 - Oct '24, 24% of Indianapolis homebuyers searched to move out of Indianapolis, while 76% looked to stay within the metropolitan area.
- Across the nation, 0.54% of homebuyers searched to move into Indianapolis from outside metros.
- Los Angeles homebuyers searched to move into Indianapolis more than any other metro followed by Lafayette and San Francisco.
Where are people moving to Indianapolis from?
- 76% of Indianapolis homebuyers searched to stay within the Indianapolis metropolitan area.
- South Bend was the most popular destination among Indianapolis homebuyers followed by Louisville and Terre Haute.
Where are people from Indianapolis moving to?
Number of People Moving to Indianapolis
least
most
People are moving to Indianapolis from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 369 | ||
| 2 | 270 | ||
| 3 | 257 | ||
| 4 | 250 | ||
| 5 | 245 | ||
| 6 | 161 | ||
| 7 | 140 | ||
| 8 | 108 | ||
| 9 | 70 | ||
| 10 | 69 | ||
People are leaving Indianapolis for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 184 | ||
| 2 | 123 | ||
| 3 | 77 | ||
| 4 | 70 | ||
| 5 | 69 | ||
| 6 | 67 | ||
| 7 | 54 | ||
| 8 | 50 | ||
| 9 | 48 | ||
| 10 | 47 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Indianapolis.
Provided by First Street Foundation
Transportation in Indianapolis
Learn about the walkability, bikeability, and transit-friendliness of Indianapolis
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Somewhat Bikeable
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