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Indianapolis, IN New Homes Under $250K

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          39 Communities

          Quick Move-In Hot Deals

          Hobbs Station by Pulte Homes in Indianapolis Indiana
          homes in Hobbs Station by Pulte Homes
          homes in Hobbs Station by Pulte Homes

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          Special Offers

          Hobbs Station

          Community by Pulte Homes

          Smith Rd. & Perry Rd.
          Plainfield, IN 46168

          Pulte Homes 378 Reviews

          317-983-6231

          Wood Preserve by Arbor Homes in Indianapolis Indiana

          Coming Soon

          Wood Preserve

          Community by Arbor Homes

          Adam Drive
          Trafalgar, IN 46181

          Arbor Homes

          888-237-1126

          Bluffs at Young's Creek by Arbor Homes in Indianapolis Indiana
          homes in Bluffs at Young's Creek by Arbor Homes
          homes in Bluffs at Young's Creek by Arbor Homes

          Bluffs at Young's Creek

          Community by Arbor Homes

          956 Ram Drive
          Franklin, IN 46131

          Arbor Homes

          888-858-2308

          from $248,995 - $329,995

          1 home matches your search

          Ridge at Willow Pointe by Silverthorne Homes in Indianapolis Indiana

          Coming Soon

          Ridge at Willow Pointe

          Community by Silverthorne Homes

          751 Willow Ridge Court
          Plainfield, IN 46168

          Silverthorne Homes

          888-552-5779

          Brandywine Villas by Ryan Homes in Indianapolis Indiana
          homes in Brandywine Villas by Ryan Homes
          homes in Brandywine Villas by Ryan Homes
          Video

          Brandywine Villas

          Community by Ryan Homes

          1275 Gunnison Drive
          Greenfield, IN 46140

          Ryan Homes

          888-808-5125

          from $249,990 - $289,990

          1 home matches your search

          Silver Stream by Arbor Homes in Indianapolis Indiana
          homes in Silver Stream by Arbor Homes
          homes in Silver Stream by Arbor Homes

          Grand Opening

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          Silver Stream

          Community by Arbor Homes

          4639 Jasper Ridge Blvd
          Indianapolis, IN 46235

          Arbor Homes

          888-897-7542

          from $229,995 - $345,995

          2 homes match your search

          Trailside by M/I Homes in Indianapolis Indiana
          homes in Trailside by M/I Homes
          homes in Trailside by M/I Homes

          Coming Soon

          Trailside

          Community by M/I Homes

          3575 Sr 267
          Brownsburg, IN 46112

          M/I Homes

          888-229-6913

          Eagle Lakes by Fischer Homes in Indianapolis Indiana
          homes in Eagle Lakes by Fischer Homes
          homes in Eagle Lakes by Fischer Homes

          Coming Soon

          Green Special Offers

          Eagle Lakes

          Community by Fischer Homes

          10330 Gateway Drive
          Indianapolis, IN 46224

          Fischer Homes

          888-718-7293

          Belmont by M/I Homes in Indianapolis Indiana
          homes in Belmont by M/I Homes
          homes in Belmont by M/I Homes

          Coming Soon

          Belmont

          Community by M/I Homes

          5125 S. Arlington Avenue
          Indianapolis, IN 46237

          M/I Homes

          888-402-9327

          Elwood by Century Complete in Indianapolis Indiana
          homes in Elwood by Century Complete
          homes in Elwood by Century Complete

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          Elwood

          Community by Century Complete

          S 22nd Street & S E Street
          Elwood, IN 46036

          Century Complete

          888-312-9658

          from $188,990 - $202,990

          2 homes match your search

          Appaloosa Crossing by Pulte Homes in Indianapolis Indiana
          homes in Appaloosa Crossing by Pulte Homes
          homes in Appaloosa Crossing by Pulte Homes

          Coming Soon

          Special Offers

          Appaloosa Crossing

          Community by Pulte Homes

          300 S. & Michigan Rd
          Zionsville, IN 46077

          Pulte Homes 378 Reviews

          317-644-2844

          Landmark by Century Complete in Indianapolis Indiana
          homes in Landmark by Century Complete
          homes in Landmark by Century Complete

          Coming Soon

          Landmark

          Community by Century Complete

          Landmark Dr and E County Rd 400 S
          New Castle, IN 47362

          Century Complete

          888-714-1574

          from $247,990

          1 home matches your search

          Somerset by Silverthorne Homes in Indianapolis Indiana

          Coming Soon

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          Somerset

          Community by Silverthorne Homes

          186th St. and Springmill Rd.
          Westfield, IN 46074

          Silverthorne Homes

          888-237-5695

          Trescott by Pulte Homes in Indianapolis Indiana
          homes in Trescott by Pulte Homes
          homes in Trescott by Pulte Homes

          Coming Soon

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          Trescott

          Community by Pulte Homes

          E County Road 600 S and S County Road 675 E
          Plainfield, IN 46168

          Pulte Homes 378 Reviews

          317-576-4356

          Promenade by Pulte Homes in Indianapolis Indiana
          homes in Promenade by Pulte Homes
          homes in Promenade by Pulte Homes

          Coming Soon

          Special Offers

          Promenade

          Community by Pulte Homes

          Northfield Drive & Keith Drive
          Brownsburg, IN 46112

          Pulte Homes 378 Reviews

          317-608-1328

          Grassy Creek South by Arbor Homes in Indianapolis Indiana

          Coming Soon

          Grassy Creek South

          Community by Arbor Homes

          2005 S German Church Road
          Indianapolis, IN 46239

          Arbor Homes

          888-237-6281

          Silo Ridge by M/I Homes in Indianapolis Indiana
          homes in Silo Ridge by M/I Homes
          homes in Silo Ridge by M/I Homes

          Coming Soon

          Silo Ridge

          Community by M/I Homes

          12525 Sr 38
          Noblesville, IN 46060

          M/I Homes

          888-404-7985

          Fox Cliff Estates by Silverthorne Homes in Indianapolis Indiana

          Coming Soon

          Fox Cliff Estates

          Community by Silverthorne Homes

          1885 E. Durham Drive
          Martinsville, IN 46151

          Silverthorne Homes

          888-239-0046

          Chatham Village by David Weekley Homes in Indianapolis Indiana
          homes in Chatham Village by David Weekley Homes
          homes in Chatham Village by David Weekley Homes

          Coming Soon

          Green Special Offers Video

          Chatham Village

          Community by David Weekley Homes

          1245 Chatham Hills Blvd
          Westfield, IN 46074

          David Weekley Homes

          Maple Run by Arbor Homes in Indianapolis Indiana
          homes in Maple Run by Arbor Homes
          homes in Maple Run by Arbor Homes

          Maple Run

          Community by Arbor Homes

          1425 Big Leaf Drive
          Sheridan, IN 46069

          Arbor Homes

          888-320-0872

          from $237,995 - $319,995

          2 homes match your search

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          Indianapolis features many of the best home builder communities in Indiana, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Indianapolis has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Indianapolis area. In fact, there are 39 communities and 10 builders in Indianapolis with homes starting at under $250K.

          How to Find Homes in Indianapolis for Less than $250K?

          Many builders recognize there is growing demand in the Indianapolis area for homes under the $250k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.