Housing in 46250 Indianapolis, IN is very affordable compared to the US median value of $338,100. The median value in Indianapolis is only $282,700 - a significant difference that makes housing much more accessible to those living in the area. In addition, Indianapolis has seen an impressive 1 year house appreciation of 10.28%, higher than the US average of 8.27%. This means that over the past year, property values have steadily increased and are likely to continue doing so in the future - making investing in this area a great option for potential homeowners and investors alike.
The median home cost in Indianapolis (zip 46250) is $282,700. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46250) is up 17.3%.
Average Age of Homes
- The median age of Indianapolis (zip 46250) real estate is 34 years old
The Rental Market in Indianapolis (zip 46250)
- Renters make up 51.8% of the Indianapolis (zip 46250) population
- 4.7% of houses and apartments in Indianapolis (zip 46250), 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.