Zip 46221 (Indianapolis, IN) Housing

The median housing value in 46221 Indianapolis, IN is $198,200, which is much lower than the US median of $338,100. However, the house appreciation rate in 46221 Indianapolis over the past year has been a promising 10.28%, higher than the US 1 year house appreciation rate of 8.27%. This indicates that investing in real estate in this area might be a good option for those looking for potential gains.

The median home cost in Indianapolis (zip 46221) is $198,200. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46221) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46221) real estate is 45 years old

The Rental Market in Indianapolis (zip 46221)

- Renters make up 30.4% of the Indianapolis (zip 46221) population
- 3.0% of houses and apartments in Indianapolis (zip 46221), 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
	11,326.0	139,647,020.0
	47	42
	$198,200	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$10.22	$10.98
	$1,299	$2,690
	55.5%	57.4%
	11.6%	11.2%
	32.9%	31.4%
Vacant Housing
	3.0%	1.9%
	0.7%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	3.1%	2.4%
	4.1%	2.8%
	10.3%	3.9%
	10.8%	4.5%
	32.8%	11.3%
	25.9%	13.0%
	9.6%	20.1%
	1.0%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	10.3%	13.6%
	8.6%	13.2%
	10.3%	14.8%
	10.3%	13.6%
	10.7%	10.0%
	6.7%	4.7%
	17.5%	12.2%

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