Near West Side Real Estate Market: Home Prices and Trends

From October 2025 to September 2026, 256 home sales were recorded in the Near Westside neighborhood, with a median sale price of $111,250, against $229,000 for Marion County (public sales records via STATS Indiana). In ZIP Code 46222 as a whole, median days on market was 46 and months of inventory was 3.7 in October 2026 (Indiana REALTORS Housing Hub). What that means for a seller depends on their price range and their home's condition.

What we analyzed: home sales recorded in public records for the Near Westside neighborhood and Marion County, October 2025 to September 2026, plus Indiana REALTORS Housing Hub figures for ZIP Code 46222 as a whole, October 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.

How do Near West Side prices compare with the rest of Marion County?

The median sits well below the county's. From October 2025 to September 2026, 256 home sales were recorded in the Near Westside neighborhood, with a median sale price of $111,250, while Marion County's median on 14,106 sales was $229,000.

The middle half of Near Westside sales ran from $69,250 to $164,000. ZIP Code 46222 as a whole had a median sale price of $132,500 from August to October 2026, down 9% from a year earlier as published, and the map shows where that sits among Marion County's ZIP Codes.

These figures are recorded home sales from public records, which include homes sold without a listing, so they can differ from listing-based figures.

How concentrated are Near West Side sales in the lower price bands?

Very: 223 of the 256 recorded sales (87%) were under $200,000. Another 26 (10%) were from $200,000 to $299,999 and 6 (2%) were from $300,000 to $399,999.

One sale was from $400,000 to $599,999, and none were $600,000 or more. With sales this concentrated, a seller's most useful comparison is other sales under $200,000, not the county as a whole.

What did recent quarters look like on the Near West Side?

Quarterly counts ran from 50 sales (January to March 2026) to 86 sales (July to September 2025). Medians ran from $104,450 (July to September 2025) to $121,500 (January to March 2026).

From July to September 2026 the median was $108,500 on 54 sales, 4% above the $104,450 on 86 sales a year earlier. That gap is small next to how much medians move between quarters, so we lead with the 12-month figures.

How long do homes take to go under contract around the Near West Side?

Public records do not show days on market, so this answer uses ZIP Code 46222 as a whole. In October 2026 the median home in the ZIP went under contract in 46 days, against 35 days for Marion County, and that was up 28% from a year earlier as published.

In the ZIP, 26 new pending contracts were recorded in October 2026 and 20 homes closed, down 44% from a year earlier as published. Homes sold for 94.7% of their asking price at sale from August to October 2026, against 94.9% for the county.

Are listings around the Near West Side cutting their price, and how much is for sale?

In ZIP Code 46222 as a whole, 60.6% of listings had a price decrease in the three weeks to the week of Oct. 26, 2026, against 60.5% across Marion County. Homes sold for 91.4% of their original list price in that three-week average, against 94.2% for the county.

By the Housing Hub's original-list-price measure, under 96 percent is a buyer's market. That is the call for ZIP Code 46222 as a whole, and a single price range can differ.

An average of 85 homes were for sale in the ZIP in October 2026, up 8% from a year earlier as published, and months of inventory was 3.7, the same as Marion County's 3.7.

Where we stand on Near West Side price forecasts

Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

Your options for selling a Near West Side home

There is more than one way to sell a Near West Side home. We will lay them side by side with your numbers so you can choose.

List on the market

Usually the highest price, if you have time to prepare and show the home.

• A local agent walks through your home
• Recent sales at your price, side by side
• A pricing and preparation plan for your first weeks on the market

Guaranteed sale

For sellers who need to know the home will sell before they make their next move. Conditions apply.

• We agree on the price up front
• Plan your move around a known outcome

Cash offer

Speed and certainty. Sell as-is, on your timeline.

• No repairs or showings
• See how a cash price compares with listing

A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.

Who this may not be right for

You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.

We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.

Questions Near West Side sellers ask us

How long does it take to sell a house on the Near West Side?

In October 2026 the median home in ZIP Code 46222 as a whole went under contract in 46 days (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my Near West Side home?

We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. The better question is what your plan looks like at today's numbers.

How do Near West Side sale prices compare with Marion County?

From October 2025 to September 2026 the median recorded sale price in the Near Westside neighborhood was $111,250 on 256 sales, against $229,000 on 14,106 sales for Marion County (public sales records via STATS Indiana).

Where do these Near West Side figures come from?

The sale prices are recorded home sales from public records for the Near Westside neighborhood (City of Indianapolis boundary), which include homes sold without a listing. Days on market and price cuts are not in those records, so we use ZIP Code 46222 figures for them and label them that way.

More for Near West Side sellers

• Sell your house in Indianapolis with Mark Dietel Realty
• Haughville real estate market: home prices and trends
• Get cash and listing offers on your Near West Side home
• All the ways we help sellers in Central Indiana

Sources: Indiana Department of Local Government Finance sales disclosure data via STATS Indiana (stats.indiana.edu), home sales recorded in Marion County through September 2026; neighborhood boundary from the City of Indianapolis (IndyGIS); addresses located with the U.S. Census Bureau geocoder. ZIP Code 46222 figures as published by the Indiana REALTORS Housing Hub (data.indianarealtors.com): median sale price, three-month average, August to October 2026; median days on market, months of inventory and inventory October 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. ZIP areas: U.S. Census Bureau. Maps: OpenStreetMap contributors. Recorded sales include homes sold without a listing.

This page is general information about the Near West Side market, not an appraisal or a valuation of any specific home.