Zip 46204 (Indianapolis, IN) Housing

The housing median value in 46204 Indianapolis, IN is $341,400, which is slightly higher than the US housing median value of $338,100. This makes sense as Indianapolis is a major city with more economic opportunities and therefore higher housing prices. Additionally, over the course of the past year, house appreciation in 46204 Indianapolis was 10.28%, compared to 8.27% across the US as a whole. This further suggests that homes in this area are increasing in value faster than the national average and may be an attractive option for potential homebuyers looking for stable investments.

The median home cost in Indianapolis (zip 46204) is $341,400. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46204) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46204) real estate is 51 years old

The Rental Market in Indianapolis (zip 46204)

- Renters make up 71.6% of the Indianapolis (zip 46204) population
- 4.4% of houses and apartments in Indianapolis (zip 46204), 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
	5,658.0	139,647,020.0
	22	42
	$341,400	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$9.91	$10.98
	$3,473	$2,690
	18.8%	57.4%
	10.6%	11.2%
	70.6%	31.4%
Vacant Housing
	4.4%	1.9%
	0.9%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.7%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	4.0%	13.0%
	22.4%	20.1%
	43.5%	13.6%
	13.9%	8.3%
	2.2%	9.7%
	10.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	3.1%	13.6%
	3.7%	13.2%
	3.2%	14.8%
	3.1%	13.6%
	0.7%	10.0%
	2.8%	4.7%
	28.3%	12.2%