Zip 46234 (Indianapolis, IN) Housing

Housing in 46234 Indianapolis, IN is a great investment, with the median value being $258,800. This is lower than the US house median value of $338,100 but still offers good potential for appreciation. The US 1 year house appreciation rate was 8.27%, while the 1 year appreciation rate in 46234 Indianapolis, IN was 10.28%. This makes buying property in this area an attractive option for those looking to maximize their return on investment.

The median home cost in Indianapolis (zip 46234) is $258,800. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46234) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46234) real estate is 20 years old

The Rental Market in Indianapolis (zip 46234)

- Renters make up 16.5% of the Indianapolis (zip 46234) population
- 0.8% of houses and apartments in Indianapolis (zip 46234), 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
	10,559.0	139,647,020.0
	28	42
	$258,800	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$10.46	$10.98
	$1,752	$2,690
	78.3%	57.4%
	4.4%	11.2%
	17.2%	31.4%
Vacant Housing
	0.8%	1.9%
	1.6%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	1.9%	2.4%
	0.8%	2.8%
	2.5%	3.9%
	4.6%	4.5%
	23.1%	11.3%
	32.0%	13.0%
	23.5%	20.1%
	4.0%	13.6%
	1.2%	8.3%
	0.8%	9.7%
	1.0%	3.9%
	0.2%	2.2%
	0.4%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.9%	13.6%
	29.9%	13.6%
	18.9%	13.6%
	10.9%	13.2%
	16.3%	14.8%
	18.9%	13.6%
	3.5%	10.0%
	1.9%	4.7%
	1.8%	12.2%

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