Top Mega Teams in Indianapolis, Indiana – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1Indy Home Pros TeamRE/MAX Advanced RealtyIndianapolis, IN 599.0View Profile
    2Gallery of HomesCompassIndianapolis, IN 177.0View Profile

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    2022 Market Summary

    Indianapolis, Indiana started 2022 with a total of 892 single-family homes on the market, with a median home price of $239,000 and an average price per square foot of $132. By the end of the year, inventory had increased to 1,565 homes on the market (+75%), with a median home price of $249,900 (+4%) and an average price per square foot of $141 (+6%).

    At the start of 2022, the median days on market (DOM) was 49 days – by the end of the year, median DOM had increased to 56 days.

    Indianapolis started the year with 38% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 51% of Indianapolis homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Indianapolis started 2022 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 44 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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