Canterbury-Chatard is seeing very limited options for shoppers right now, with only 4 homes on the market in February 2026. Inventory has fallen sharply, dropping about 43 percent from the prior month and 50 percent from a year ago. Even with that tight supply, buyers put 23 homes under contract, while 17 new listings came up for sale, showing a steady flow of deals.
Pricing is adjusting to these conditions, rather than surging. The typical home value of about $285,000 is down roughly 5 percent year over year and 4.68 percent month over month, even though median list prices in February edged up to $295,900. Compared with Indianapolis overall, where typical values are closer to $240,000, Canterbury-Chatard remains a somewhat higher-priced pocket despite the recent cooling.
Homes are still moving at a solid pace, sitting a median of 19 days on the market, which is more than a third faster than a year ago even after a recent month-to-month slowdown. Only about 20 percent of sales close above the asking price, and the average sale-to-list ratio sits just under full price at 0.97, reflecting some room for negotiation in what is still labeled a seller’s market. With projected inventory dropping to just 2 homes and a projected median list price of $298,850 next month, both buyers and sellers can benefit from an Agent Pronto–recommended real estate professional to guide their decisions in Canterbury-Chatard.
