Zip 46218 (Indianapolis, IN) Housing

The housing market in 46218 Indianapolis, IN is especially vibrant right now. The median value for a house in 46218 is $97,700, while the US median value is $338,100. This shows that housing in 46218 is relatively more affordable than the US average. In addition, the US house appreciation rate over the past year was 8.27%, while the appreciation rate for homes in 46218 over the same time period was 10.28%. This suggests that properties in this area are rising in value faster than other areas of the country and could be a good investment for potential buyers.

The median home cost in Indianapolis (zip 46218) is $97,700. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46218) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46218) real estate is 62 years old

The Rental Market in Indianapolis (zip 46218)

- Renters make up 39.6% of the Indianapolis (zip 46218) population
- 8.4% of houses and apartments in Indianapolis (zip 46218), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Indianapolis, Indiana	United States
	15,767.0	139,647,020.0
	65	42
	$97,700	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$10.08	$10.98
	$501	$2,690
	37.2%	57.4%
	18.8%	11.2%
	43.9%	31.4%
Vacant Housing
	8.4%	1.9%
	0.2%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	8.9%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	9.9%	2.4%
	25.2%	2.8%
	27.4%	3.9%
	14.1%	4.5%
	12.3%	11.3%
	2.8%	13.0%
	2.9%	20.1%
	1.0%	13.6%
	0.0%	8.3%
	0.1%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	2.8%	13.6%
	3.9%	13.2%
	9.5%	14.8%
	2.8%	13.6%
	30.7%	10.0%
	14.6%	4.7%
	17.8%	12.2%

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