Spring didn’t just show up in Indianapolis… buyers did too. In this episode of Indy REI, host Jeremy Tallman sits down with Director of Resident Relations Kelsay Bolden and Agent Paul Linn to break down what really happened in Q1 across leasing and sales in the Indianapolis market.

Leasing started slower than expected thanks to cold weather and hesitant movers, but momentum is building. Rents have largely stabilized compared to 2025, and pricing strategy is becoming the difference between sitting vacant and getting leased. Meanwhile, renewal activity is strong, with a 60% conversion rate signaling that more renters are choosing to stay put.

On the sales side, falling interest rates sparked a wave of activity—but this isn’t a free-for-all market. It’s active, but selective. Well-positioned homes are moving fast, while others are getting left behind. With a median price around $250,000, days on market near 18, and list-to-sale ratios hovering around 97.9%, Paul breaks down exactly where the opportunities are right now—including why areas south of I-70 and neighborhoods like Irvington and Beech Grove are worth a closer look

If you’re an investor trying to make sense of today’s market, this is the clarity you’ve been looking for.