Zip 46202 (Indianapolis, IN) Housing

The housing market in 46202 Indianapolis, IN is thriving. According to recent reports, the median value of housing in the area is $347,400, which is slightly higher than the US median house value of $338,100. The US has seen an overall appreciation of 8.27% over the past year; however, 46202 Indianapolis, IN has an even higher rate of 10.28%. This indicates that this area is growing and has strong investment potential for real estate buyers and sellers alike.

The median home cost in Indianapolis (zip 46202) is $347,400. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46202) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46202) real estate is 57 years old

The Rental Market in Indianapolis (zip 46202)

- Renters make up 60.0% of the Indianapolis (zip 46202) population
- 4.4% of houses and apartments in Indianapolis (zip 46202), 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
	11,872.0	139,647,020.0
	56	42
	$347,400	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$9.00	$10.98
	$2,933	$2,690
	25.2%	57.4%
	13.3%	11.2%
	61.4%	31.4%
Vacant Housing
	4.4%	1.9%
	0.7%	0.4%
	0.2%	0.7%
	0.9%	0.4%
	0.2%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	3.6%	2.4%
	3.0%	2.8%
	1.6%	3.9%
	0.7%	4.5%
	7.6%	11.3%
	11.9%	13.0%
	16.0%	20.1%
	19.3%	13.6%
	14.3%	8.3%
	14.7%	9.7%
	5.5%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	8.2%	13.6%
	10.0%	13.2%
	4.3%	14.8%
	8.2%	13.6%
	3.8%	10.0%
	4.3%	4.7%
	39.4%	12.2%

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