Zip 46239 (Indianapolis, IN) Housing

The housing market in Indianapolis, IN (46239) is booming. The median value of a home is $262,300, compared to the US median value of $338,100. Over the past year, homes in Indianapolis have appreciated by 10.28%, which is higher than the national rate of 8.27%. These figures indicate that there is a steady demand for housing and potential for further growth in the future.

The median home cost in Indianapolis (zip 46239) is $262,300. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46239) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46239) real estate is 20 years old

The Rental Market in Indianapolis (zip 46239)

- Renters make up 15.9% of the Indianapolis (zip 46239) population
- 0.4% of houses and apartments in Indianapolis (zip 46239), 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
	11,551.0	139,647,020.0
	23	42
	$262,300	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$9.88	$10.98
	$1,888	$2,690
	77.7%	57.4%
	4.1%	11.2%
	18.2%	31.4%
Vacant Housing
	0.4%	1.9%
	0.4%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.0%	2.4%
	1.5%	2.8%
	0.7%	3.9%
	2.4%	4.5%
	20.0%	11.3%
	27.2%	13.0%
	33.4%	20.1%
	10.5%	13.6%
	0.8%	8.3%
	0.8%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	29.1%	13.6%
	29.1%	13.6%
	14.9%	13.6%
	9.5%	13.2%
	7.4%	14.8%
	14.9%	13.6%
	7.8%	10.0%
	2.3%	4.7%
	3.5%	12.2%

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