Home / Select Cities  /  2024 Comparing Indianapolis, IN vs. Raleigh, NC

2024 Compare Cities Housing:
Indianapolis, IN vs Raleigh, NC

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Highlights
- The median age of a home in Indianapolis is 46.0% older than the median age of a home in Raleigh.

Housing
 Indianapolis, INRaleigh, NCUnited States
 Median Home Age502742
 Median Home Cost$221,900$427,000$338,100
 Home Appr. Last 12 months17.3%23.6%16.6%
 Home Appr. Last 5 yrs.67.7%70.7%57.0%
 Home Appr. Last 10 yrs.105.6%122.8%101.1%
 Property Tax Rate$10.1$8.9$11.0
 Homes Owned48.5%46.7%57.4%
 Housing Vacant10.9%9.4%11.2%
 Homes Rented40.5%43.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Indianapolis, INRaleigh, NCUnited States
 Average Rent$1,410$1,750$1,840
 Studio Apartment$790$1,240$1,080
 1 Bedroom Home or Apartment$920$1,280$1,180
 2 Bedroom Home or Apartment$1,090$1,450$1,430
 3 Bedroom Home or Apartment$1,430$1,780$1,860
 4 Bedroom Home or Apartment$1,710$2,350$2,160
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 Vacant Housing
 Indianapolis, INRaleigh, NCUnited States
 Vacant For Rent2.8%3.3%1.9%
 Vacant Rented0.5%2.2%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.3%0.6%0.4%
 Vacant Vacation0.2%0.5%3.6%
 Vacant Other6.5%2.3%4.1%
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 Owner-Occupied Housing Value
 Indianapolis, INRaleigh, NCUnited States
 Less Than $20,0002.0%1.4%2.6%
 $20,000 to $39,9992.1%0.5%2.4%
 $40,000 to $59,9994.0%0.6%2.8%
 $60,000 to $79,9997.7%0.5%3.9%
 $80,000 to $99,9998.0%0.8%4.5%
 $100,000 to $149,99923.1%6.6%11.3%
 $150,000 to $199,99920.6%15.0%13.0%
 $200,000 to $299,99917.7%28.3%20.1%
 $300,000 to $399,9997.2%18.3%13.6%
 $400,000 to $499,9993.1%11.0%8.3%
 $500,000 to $749,9992.9%10.2%9.7%
 $750,000 to $999,9991.0%4.0%3.9%
 $1,000,000 to $1,499,9990.5%1.9%2.2%
 $1,500,000 to $1,999,9990.1%0.5%0.8%
 $2,000,000 and over0.2%0.3%1.1%
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 Housing Units By Year Built
 Indianapolis, INRaleigh, NCUnited States
 2015 and Newer0.1%0.3%0.2%
 2010 to 20149.2%23.4%13.6%
 2000 to 20099.2%23.4%13.6%
 1990 to 199912.5%18.5%13.6%
 1980 to 198911.5%16.8%13.2%
 1970 to 197912.9%9.9%14.8%
 1960 to 196912.5%18.5%13.6%
 1950 to 195912.8%4.2%10.0%
 1940 to 19496.2%1.6%4.7%
 1939 or Earlier16.3%3.1%12.2%

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Reviews for Indianapolis    153 Reviews

No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 3 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Over 3 years ago

Housing is overpriced unless you want to live in a **** hole with cockroaches, mold, cars broken into. There's way too many potholes. Theres a deadly shooting everyday.  More

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN INDIANAPOLIS, INDIANA
46254, 46237, 46203, 46222, 46220, 46217, 46235, 46241, 46201, 46234, 27 total
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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