New Construction Homes in Indianapolis, IN

Fountain Square, Center
$224,900
$137
/ ft²
For Sale
2
Bed
2
Bath
1,640
ft²
$137
/ ft²
House, Updated 43 mins ago
$1,398 / mo
Expenses
4.11%
Cap Rate
Price dropped $25,000
Fall Creek Place, Near Northside, Center
$489,000
$204
/ ft²
For Sale
3
Bed
2.5
Bath
2,400
ft²
$204
/ ft²
House, Updated 23 hours ago
$1,236 / mo
Expenses
No data
Cap Rate
Listed Feb 25th, 2021
Near Northside, Center
$575,000
$176
/ ft²
For Sale
4
Bed
3.5
Bath
3,276
ft²
$176
/ ft²
House, Updated 2 days ago
$608 / mo
Expenses
No data
Cap Rate
Listed Feb 23rd, 2021
Near Northside, Center
$575,000
$176
/ ft²
For Sale
4
Bed
3.5
Bath
3,276
ft²
$176
/ ft²
House, Updated 2 days ago
$446 / mo
Expenses
No data
Cap Rate
Listed Feb 23rd, 2021
Martindale - Brightwood, Center
$124,000
For Sale
Land, Updated 3 days ago
$72 / mo
Expenses
No data
Cap Rate
Bedrooms: 0 to -1
Delaware Trail, Washington
$310,388
$197
/ ft²
For Sale
3
Bed
2
Bath
1,575
ft²
$197
/ ft²
Townhouse, Updated 2 days ago
No data
Expenses
No data
Cap Rate
Price dropped $30
Delaware Trail, Washington
$299,388
$226
/ ft²
For Sale
2
Bed
2
Bath
1,327
ft²
$226
/ ft²
Townhouse, Updated 2 days ago
No data
Expenses
No data
Cap Rate
Price increased $2,170
University Heights, Perry
$324,900
$100
/ ft²
For Sale
3
Bed
2.5
Bath
3,256
ft²
$100
/ ft²
House, Updated 2 days ago
$4,728 / mo
Expenses
-13.4%
Cap Rate
Price dropped $5,000
Fall Creek Place, Near Northside, Center
$185,000
For Sale
Land, Updated 6 days ago
$1,134 / mo
Expenses
No data
Cap Rate
Bedrooms: 0 to -1
Valley Mills, Decatur
$239,150
$151
/ ft²
For Sale
3
Bed
2
Bath
1,583
ft²
$151
/ ft²
House, Updated 3 days ago
No data
Expenses
No data
Cap Rate
Listed Feb 22nd, 2021
Franklin Parke Estates, South Franklin, Franklin
$291,419
$177
/ ft²
For Sale
3
Bed
2
Bath
1,647
ft²
$177
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $8,144
Franklin Parke Estates, South Franklin, Franklin
$291,418
$184
/ ft²
For Sale
3
Bed
2
Bath
1,583
ft²
$184
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $8,143
Galludet, Franklin
$259,437
$163
/ ft²
For Sale
3
Bed
2
Bath
1,595
ft²
$163
/ ft²
Townhouse, Listed Feb 19th, 2021
No data
Expenses
No data
Cap Rate
Listed Feb 19th, 2021
Near Northside, Center
$525,000
$219
/ ft²
For Sale
3
Bed
2.5
Bath
2,400
ft²
$219
/ ft²
House, Updated 4 weeks ago
$680 / mo
Expenses
0.49%
Cap Rate
Listed Jan 27th, 2021
Fall Creek Place, Near Northside, Center
$499,900
$208
/ ft²
For Sale
3
Bed
2.5
Bath
2,400
ft²
$208
/ ft²
House, Updated 3 weeks ago
$608 / mo
Expenses
0.7%
Cap Rate
Price dropped $25,000
Delaware Trail, Washington
$249,900
$188
/ ft²
For Sale
2
Bed
2
Bath
1,327
ft²
$188
/ ft²
Townhouse, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
Delaware Trail, Washington
$275,900
$160
/ ft²
For Sale
2
Bed
2
Bath
1,724
ft²
$160
/ ft²
Townhouse, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
Delaware Trail, Washington
$263,900
$168
/ ft²
For Sale
3
Bed
2
Bath
1,575
ft²
$168
/ ft²
Townhouse, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
Delaware Trail, Washington
$260,900
$165
/ ft²
For Sale
2
Bed
2
Bath
1,582
ft²
$165
/ ft²
Townhouse, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
Far Eastside, Warren
$30,000
For Sale
Land, Updated 1 week ago
$870 / mo
Expenses
-3.8%
Cap Rate
Bedrooms: 0 to -1
Near Eastside, Center
$170,000
$121
/ ft²
For Sale
3
Bed
2
Bath
1,400
ft²
$121
/ ft²
House, Updated 3 weeks ago
$78 / mo
Expenses
No data
Cap Rate
Listed Nov 17th, 2020
Franklin Parke Estates, South Franklin, Franklin
$329,097
$181
/ ft²
For Sale
3
Bed
2
Bath
1,822
ft²
$181
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $2,000
$276,900
$124
/ ft²
For Sale
4
Bed
2.5
Bath
2,232
ft²
$124
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
$333,900
$97
/ ft²
For Sale
4
Bed
2.5
Bath
3,432
ft²
$97
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
$296,900
$130
/ ft²
For Sale
3
Bed
2.5
Bath
2,280
ft²
$130
/ ft²
House, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Price increased $1,000
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United States   ›   Indiana   ›   Indianapolis
Largest Recent Price Drops
4709 Shelbyville Road -$75,000 (-17.6%)
4050 West Kessler Blvd N Drive -$28,500 (-14.4%)
8215 Sunray Court -$100,000 (-13.0%)
1124 Cameron Street -$12,000 (-10.7%)
1024 Elm Street -$25,000 (-10.0%)
1026 West 32ND Street -$7,000 (-8.2%)
1701 North College Avenue - #3 -$21,000 (-8.1%)
6306 East Washington Street -$14,000 (-7.6%)
2854 Stuart Street -$5,000 (-6.3%)
333 MASSACHUSETTS Avenue - #801 -$118,000 (-5.6%)
Indianapolis currently has 485 residential homes for sale on the market. The median list price is $239,000 or $127 / ft². These listings range from $137,900 in the lower quartile to $350,000 in the upper quartile. The average home currently for sale in Indianapolis is around 71 years old and 1,784 ft². There are currently 22 studio, 18 one-bedroom, 132 two-bedroom, 213 three-bedroom, and 100 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
Studio $127,000 $0
1 BR $258,938 $263
2 BR $189,950 $141
3 BR $224,900 $122
4+ BR $340,000 $114

Out of the 485 listings that are currently on the market, there are 91 condos, 356 houses, 16 townhouses, and 22 multifamilies. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within the Indianapolis, IN Urban Area. The Indianapolis, IN Urban Area has 1,561,350 residents in 595,131 households. The median age of this urban area is 35.1 with a majority of inhabitants unmarried. At least 62.03% of those living in this urban area currently own their homes. Roughly 10.73% of population here speak a language other than English at home.

The median income in this urban area is $54,273, with an employment rate of 64%. It tends to take those living in Indianapolis, IN Urban Area an average of 24.4 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 12.50% have a master’s or above, 23.04% have a bachelor’s, and 25.86% have a high school degree.

Searching on Zillow Indianapolis, Trulia, or Realtor.com? RealtyHop has the most comprehensive mortgage and property record data to help you make the best buying decision.

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Tax Year: 2018
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