Housing in 46214 Indianapolis, IN is relatively affordable compared to the US median value of $338,100. The median value for housing in 46214 Indianapolis, IN is $207,800 and there has been a 10.28% appreciation rate in the last year. This indicates that housing in this area is becoming increasingly popular and may be a good investment opportunity for those looking to purchase property. These figures show that housing in 46214 Indianapolis, IN is not only more affordable than most other areas but also offers greater potential for growth over time with its higher appreciation rate than the national average.
The median home cost in Indianapolis (zip 46214) is $207,800. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46214) is up 17.3%.
Average Age of Homes
- The median age of Indianapolis (zip 46214) real estate is 36 years old
The Rental Market in Indianapolis (zip 46214)
- Renters make up 44.5% of the Indianapolis (zip 46214) population
- 3.3% of houses and apartments in Indianapolis (zip 46214), 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.