Sales Decline in Indianapolis Metro Area Real Estate Market

In this week's report, the number of homes sold in the Indianapolis Metro Area market dropped to 2,649 over the past 30 days, but still above the monthly average. Marion County led the way, with 1,160 sales on its own. There are four months of inventory remaining in the Indianapolis Metro Area, and the market is swinging toward the buyer, especially since the median sales price dropped to $159,000 this week.

Make sure you take a look at these eye-catching homes in the Indianapolis Metro Area that generated the most views from potential buyers:

$1.1M   $199K   $8.5M  

Get started right now by checking out Indianapolis Metro Area homes for sale or reviewing Indianapolis Metro Area real estate trends.

Demographic facts about the Indianapolis Metro Area:

  • 33 years old is the median age of all the homes in the area.
  • This area usually gets 17.3 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 59. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $5,095 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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