Zip 46254 (Indianapolis, IN) Housing

The housing market in 46254 Indianapolis, IN is a strong one. The median value of homes in this area is $204,200, which is significantly lower than the US house median value of $338,100. However, it has seen an impressive appreciation rate over the last year of 10.28%, which is higher than the national average of 8.27%. This indicates that now is a great time to invest in housing in this area as prices will likely continue to rise over the coming years.

The median home cost in Indianapolis (zip 46254) is $204,200. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46254) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46254) real estate is 32 years old

The Rental Market in Indianapolis (zip 46254)

- Renters make up 47.4% of the Indianapolis (zip 46254) population
- 2.9% of houses and apartments in Indianapolis (zip 46254), 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
	17,520.0	139,647,020.0
	34	42
	$204,200	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$8.97	$10.98
	$1,178	$2,690
	41.3%	57.4%
	8.2%	11.2%
	50.4%	31.4%
Vacant Housing
	2.9%	1.9%
	1.5%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.3%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.0%	2.4%
	3.4%	2.8%
	5.8%	3.9%
	11.3%	4.5%
	39.4%	11.3%
	22.6%	13.0%
	9.5%	20.1%
	1.0%	13.6%
	2.5%	8.3%
	0.9%	9.7%
	1.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	29.8%	13.6%
	24.5%	13.2%
	17.0%	14.8%
	29.8%	13.6%
	2.2%	10.0%
	3.6%	4.7%
	1.6%	12.2%

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