The housing median value in the 46259 zip code of Indianapolis, Indiana is $325,000. This is slightly lower than the US House Median Value of $338,100. However, the house appreciation rate in this area is higher than the national average at 10.28%, compared to 8.27% for the US as a whole. This suggests that Indianapolis is a great place to invest in real estate, as your investment will likely appreciate faster here than anywhere else in the country.
The median home cost in Indianapolis (zip 46259) is $325,000. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46259) is up 17.3%.
Average Age of Homes
- The median age of Indianapolis (zip 46259) real estate is 19 years old
The Rental Market in Indianapolis (zip 46259)
- Renters make up 3.5% of the Indianapolis (zip 46259) population
- 0.3% of houses and apartments in Indianapolis (zip 46259), 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.