Zip 46237 (Indianapolis, IN) Housing

The housing market in Indianapolis, IN (zip code 46237) is thriving! Median value of a house in this area is $254,500, which is slightly lower than the US median house value of $338,100. In the last year, the US experienced an 8.27% appreciation rate for homes but Indianapolis saw even better results with a 10.28% appreciation rate. This shows that the real estate market in Indianapolis is strong and growing.

The median home cost in Indianapolis (zip 46237) is $254,500. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46237) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46237) real estate is 24 years old

The Rental Market in Indianapolis (zip 46237)

- Renters make up 30.3% of the Indianapolis (zip 46237) population
- 0.3% of houses and apartments in Indianapolis (zip 46237), 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
	17,015.0	139,647,020.0
	27	42
	$254,500	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$11.92	$10.98
	$1,965	$2,690
	69.3%	57.4%
	2.8%	11.2%
	27.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.4%	2.4%
	0.3%	2.8%
	1.6%	3.9%
	5.4%	4.5%
	31.9%	11.3%
	28.6%	13.0%
	22.8%	20.1%
	4.4%	13.6%
	2.4%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.2%	13.6%
	28.2%	13.6%
	24.8%	13.6%
	13.3%	13.2%
	12.8%	14.8%
	24.8%	13.6%
	6.0%	10.0%
	1.7%	4.7%
	0.9%	12.2%

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