Zip 46217 (Indianapolis, IN) Housing

Housing in 46217 Indianapolis, IN is currently valued at a median value of $247,200, slightly lower than the US median house value of $338,100. However, the 1 year house appreciation rate for 46217 is 10.28%, higher than the US average of 8.27%, suggesting that housing in this area is appreciating faster than the national average. This indicates that investing in housing in this area could yield higher returns over time and could prove to be a wise investment for prospective homeowners or real estate investors.

The median home cost in Indianapolis (zip 46217) is $247,200. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46217) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46217) real estate is 28 years old

The Rental Market in Indianapolis (zip 46217)

- Renters make up 18.3% of the Indianapolis (zip 46217) population
- 0.0% of houses and apartments in Indianapolis (zip 46217), 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
	13,781.0	139,647,020.0
	37	42
	$247,200	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$10.08	$10.98
	$2,125	$2,690
	74.9%	57.4%
	1.7%	11.2%
	23.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.7%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.6%	2.4%
	0.1%	2.8%
	0.5%	3.9%
	3.2%	4.5%
	36.5%	11.3%
	26.6%	13.0%
	24.2%	20.1%
	6.5%	13.6%
	0.9%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.6%	13.6%
	21.6%	13.6%
	15.2%	13.6%
	10.3%	13.2%
	16.0%	14.8%
	15.2%	13.6%
	9.8%	10.0%
	5.8%	4.7%
	6.7%	12.2%

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