"The Indianapolis, IN metro housing market shows sellers adjusting expectations as 55.8% of active listings reduced prices during the week ending Oct. 31, 2025. Despite steady buyer activity with 512 homes absorbed weekly, the combination of rising inventory and widespread price cuts signals a shift in negotiating power. Active inventory reached 5,509 single-family homes, up 27% from 4,337 homes a year ago."
"The median list price held at $339,500, a modest 1.3% increase from $335,000 last year, while homes took a median of 49 days to sell compared to 42 days in 2024. Weekly absorption dropped to 512 homes from 579 a year ago, representing an 11.6% decline. New listings totaled 458 for the week, creating a gap where fewer homes left the market than entered."
"The months of supply stands at 2.6, indicating neutral market conditions where neither buyers nor sellers hold a decisive advantage in this Indiana metro. The relisting rate of 4.1% suggests most sellers remain committed to selling rather than withdrawing from the market. Price per square foot reached $166.6, providing a baseline for buyers evaluating home values across the Indianapolis metro."
55.8% of active listings reduced prices during the week ending Oct. 31, 2025. Active inventory reached 5,509 single-family homes, up 27% from 4,337 homes a year ago. The median list price held at $339,500, a modest 1.3% increase from $335,000 last year. Homes took a median of 49 days to sell versus 42 days in 2024, while weekly absorption declined to 512 from 579, an 11.6% drop. New listings totaled 458 for the week, creating a gap where fewer homes left the market than entered. Months of supply stands at 2.6, indicating neutral market conditions.
Read at www.housingwire.com
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