Zip 46220 (Indianapolis, IN) Housing

The housing in the 46220 zip code of Indianapolis, IN is doing better than the national average. According to data from Zillow, the median value of a home in this area is $306,900, which is roughly 10% lower than the US house median value of $338,100. The good news is that there has been an impressive 10.28% increase in house appreciation over the last year in this area, whereas the national average was 8.27%. This indicates that homes in this area are increasing in value faster than those around the country.

The median home cost in Indianapolis (zip 46220) is $306,900. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46220) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46220) real estate is 59 years old

The Rental Market in Indianapolis (zip 46220)

- Renters make up 35.0% of the Indianapolis (zip 46220) population
- 1.4% of houses and apartments in Indianapolis (zip 46220), 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
	17,489.0	139,647,020.0
	61	42
	$306,900	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$9.77	$10.98
	$2,594	$2,690
	60.5%	57.4%
	4.1%	11.2%
	35.4%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	0.1%	0.7%
	0.2%	0.4%
	0.9%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.8%	3.9%
	0.3%	4.5%
	6.1%	11.3%
	19.0%	13.0%
	33.5%	20.1%
	18.3%	13.6%
	8.6%	8.3%
	9.6%	9.7%
	1.9%	3.9%
	0.4%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	7.2%	13.6%
	6.2%	13.2%
	12.4%	14.8%
	7.2%	13.6%
	21.5%	10.0%
	11.4%	4.7%
	17.6%	12.2%

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