Zip 46203 (Indianapolis, IN) Housing

The housing market in 46203 Indianapolis, IN is thriving. The median value of homes in this area is $161,900, which is significantly lower than the national median value of $338,100. What's more, the growth rate for housing in this area is even greater than the nationwide figure with a 1 year house appreciation of 10.28%, compared to 8.27% across the United States. This makes 46203 Indianapolis an attractive and affordable option for those looking to invest or move into the area.

The median home cost in Indianapolis (zip 46203) is $161,900. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46203) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46203) real estate is 69 years old

The Rental Market in Indianapolis (zip 46203)

- Renters make up 36.0% of the Indianapolis (zip 46203) population
- 1.7% of houses and apartments in Indianapolis (zip 46203), 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
	18,536.0	139,647,020.0
	68	42
	$161,900	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$10.48	$10.98
	$1,117	$2,690
	45.8%	57.4%
	18.8%	11.2%
	35.4%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	0.1%	3.6%
	16.1%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	3.5%	2.4%
	8.5%	2.8%
	17.4%	3.9%
	15.1%	4.5%
	22.4%	11.3%
	9.4%	13.0%
	8.9%	20.1%
	6.4%	13.6%
	1.7%	8.3%
	1.7%	9.7%
	0.6%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	3.4%	13.6%
	2.6%	13.2%
	8.8%	14.8%
	3.4%	13.6%
	16.3%	10.0%
	13.8%	4.7%
	31.1%	12.2%

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