The housing in 46226 Indianapolis, IN is quite affordable compared to the US median value of $338,100. The median value for a home in this area is $141,400, and the one year appreciation rate has been 10.28%, which is higher than the national average of 8.27%. This makes for a great opportunity for potential homebuyers looking to invest in an area with comparatively low prices and an increasing market.
The median home cost in Indianapolis (zip 46226) is $141,400. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46226) is up 17.3%.
Average Age of Homes
- The median age of Indianapolis (zip 46226) real estate is 54 years old
The Rental Market in Indianapolis (zip 46226)
- Renters make up 43.3% of the Indianapolis (zip 46226) population
- 3.1% of houses and apartments in Indianapolis (zip 46226), 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.