Indianapolis, IN 46240 Real Estate & Property Data

Indianapolis, IN 46240 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 427 residential properties have been sold over the past 12 months in 46240. With a median sales price of $391,193 in 46240. Discover market trends and get the granular level real estate data for Indianapolis, IN 46240 to keep your pulse on the housing market. Curate compelling home reports for Indianapolis, IN 46240 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Indianapolis, IN 46240 Real Estate Market Trends
Total Residential Properties 5,522
Total Commercial Properties 433
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 2,089
Total 2025 Residential Sales (year-to-date) 231
% of Homes Seriously Underwater (Q3 2025) 1.14%
Total 2024 Residential Sales 319
% of Equity Rich Homes (Q3 2025) 43.04%
Effective 2024 Property Tax 1.06%
Total Foreclosure Filings (year-to-date) 11
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Indianapolis, IN 46240 Real Estate Overview

There were 427 residential properties sold in the past year in Indianapolis, IN 46240. The median home value in Indianapolis, IN 46240 is $402,000. There are a total of 5,522 residential properties in the 46240.

Median Sales Price i
$391,193
(Jun 2025)
+7.2%
year-over-year
y-o-y
  • June '25 Jun '25 $391,193
  • May '25 May '25 $372,500
  • April '25 Apr '25 $384,375
  • March '25 Mar '25 $441,500
  • February '25 Feb '25 $496,000
  • January '25 Jan '25 $415,000
  • December '24 Dec '24 $300,000
  • November '24 Nov '24 $462,250
  • October '24 Oct '24 $374,250
  • September '24 Sep '24 $675,000
  • August '24 Aug '24 $395,000
  • July '24 Jul '24 $500,000
Median Down Payment i
$98,000
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 $98,000
  • May '25 May '25 $64,000
  • April '25 Apr '25 $85,010
  • March '25 Mar '25 $35,250
  • February '25 Feb '25 $107,825
  • January '25 Jan '25 $40,000
  • December '24 Dec '24 $59,894
  • November '24 Nov '24 $47,000
  • October '24 Oct '24 $31,150
  • September '24 Sep '24 $135,000
  • August '24 Aug '24 $76,500
  • July '24 Jul '24 $149,100
Number of Homes Sold i
78
(Jun 2025)
+151.6%
year-over-year
y-o-y
  • June '25 Jun '25 78
  • May '25 May '25 59
  • April '25 Apr '25 33
  • March '25 Mar '25 19
  • February '25 Feb '25 9
  • January '25 Jan '25 33
  • December '24 Dec '24 26
  • November '24 Nov '24 29
  • October '24 Oct '24 28
  • September '24 Sep '24 23
  • August '24 Aug '24 29
  • July '24 Jul '24 30
Number of Purchase Loans i
30
(Jun 2025)
+57.9%
year-over-year
y-o-y
  • June '25 Jun '25 30
  • May '25 May '25 47
  • April '25 Apr '25 20
  • March '25 Mar '25 11
  • February '25 Feb '25 5
  • January '25 Jan '25 11
  • December '24 Dec '24 19
  • November '24 Nov '24 11
  • October '24 Oct '24 11
  • September '24 Sep '24 8
  • August '24 Aug '24 16
  • July '24 Jul '24 18
Number of REFI Loans i
9
(Jun 2025)
+125%
year-over-year
y-o-y
  • June '25 Jun '25 9
  • May '25 May '25 10
  • April '25 Apr '25 9
  • March '25 Mar '25 7
  • February '25 Feb '25 8
  • January '25 Jan '25 12
  • December '24 Dec '24 12
  • November '24 Nov '24 7
  • October '24 Oct '24 13
  • September '24 Sep '24 13
  • August '24 Aug '24 10
  • July '24 Jul '24 8
Number of HELOC Loans i
9
(Jun 2025)
+80%
year-over-year
y-o-y
  • June '25 Jun '25 9
  • May '25 May '25 10
  • April '25 Apr '25 17
  • March '25 Mar '25 16
  • February '25 Feb '25 2
  • January '25 Jan '25 14
  • December '24 Dec '24 13
  • November '24 Nov '24 8
  • October '24 Oct '24 11
  • September '24 Sep '24 5
  • August '24 Aug '24 12
  • July '24 Jul '24 10

Indianapolis, IN 46240 Foreclosure Activity

Total Foreclosure Filings i
  • June '25 Jun '25 N/A
  • May '25 May '25 2
  • April '25 Apr '25 3
  • March '25 Mar '25 4
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 2
Foreclosure Starts i
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 4
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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