Zip 46222 (Indianapolis, IN) Housing

The housing market in 46222 Indianapolis, IN is quite strong. The median value of a home in this area is $118,500 which is significantly lower than the US median value of $338,100. However, the one year house appreciation rate of 10.28% indicates that there has been some strong growth in the value of homes in this area over the past 12 months. This is even higher than the national average of 8.27%. It appears that investing in real estate around 46222 Indianapolis, IN can be a sound financial decision.

The median home cost in Indianapolis (zip 46222) is $118,500. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46222) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46222) real estate is 64 years old

The Rental Market in Indianapolis (zip 46222)

- Renters make up 43.4% of the Indianapolis (zip 46222) population
- 2.7% of houses and apartments in Indianapolis (zip 46222), 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
	15,491.0	139,647,020.0
	67	42
	$118,500	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$8.05	$10.98
	$608	$2,690
	34.3%	57.4%
	17.2%	11.2%
	48.5%	31.4%
Vacant Housing
	2.7%	1.9%
	0.6%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	12.1%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	7.6%	2.4%
	19.4%	2.8%
	25.6%	3.9%
	19.2%	4.5%
	13.1%	11.3%
	3.9%	13.0%
	5.0%	20.1%
	0.0%	13.6%
	0.8%	8.3%
	0.0%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.8%	13.6%
	1.8%	13.6%
	5.5%	13.6%
	6.0%	13.2%
	8.8%	14.8%
	5.5%	13.6%
	22.5%	10.0%
	13.2%	4.7%
	27.6%	12.2%

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