Top Agents in Indianapolis, Indiana – Individuals By Volume

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    • Rank – City VolumeFull NameCompanyLocationVolumeProfile
    Scott HackmanCENTURY 21 ScheetzIndianapolis, IN$56,740,763View Profile
    Mary WernkeEncore Sotheby’s International RealtyIndianapolis, IN$39,395,400View Profile
    Kelly ToddCompassIndianapolis, IN$25,830,274View Profile
    Lisa Stokes-BearCENTURY 21 ScheetzIndianapolis, IN$22,413,805View Profile
    Zeida SuljkanovicBerkshire Hathaway HomeServices Indiana RealtyIndianapolis, IN$21,696,633View Profile
    Katherine JamesBerkshire Hathaway HomeServices Indiana RealtyIndianapolis, IN$21,130,835View Profile
    Mary BoustaniKeller WilliamsIndianapolis, IN$19,251,468View Profile
    Jeremy SandlinF.C. Tucker CompanyIndianapolis, IN$18,575,693View Profile
    Michael JonesRE/MAX At the CrossingIndianapolis, IN$16,791,306View Profile
    Kyle WilliamsCompassIndianapolis, IN$16,365,845View Profile

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    2023 Indianapolis, Indiana Housing Market Summary

    Indianapolis, Indiana started 2023 with a total of 1,544 single-family homes on the market, with a median home price of $250,000 and an average price per square foot of $141. By the end of the year, inventory had increased to 1,634 homes on the market (+5%), with a median home price of $262,000 (+4%) and an average price per square foot of $165 (+17%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had remained the same at 63 days.

    Indianapolis started the year with 51% 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 52% of Indianapolis homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Indianapolis started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 36 – a slight seller’s advantage.

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

    Housing Market News

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    Housing inventory falls as mortgage rates drop 

    Sep 01, 2024By

    Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. I have consistently written that with mortgage rates above 7%, inventory […]

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