Zip 46280 (Indianapolis, IN) Housing


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Housing in 46280 Indianapolis, IN is very affordable compared to the US median value of $338,100. The median house value in this area is only $283,000 and the appreciation rate over the past year was 10.28%, which is higher than the national average of 8.27%. This indicates that housing in 46280 Indianapolis, IN is a great investment for those looking to purchase a property as it has seen strong appreciation over time. Furthermore, the affordability of homes makes this area attractive to both first-time homebuyers and investors alike.

The median home cost in Indianapolis (zip 46280) is $283,000. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46280) is up 17.3%.

Average Age of Homes
- The median age of Indianapolis (zip 46280) real estate is 50 years old
The Rental Market in Indianapolis (zip 46280)
- Renters make up 30.0% of the Indianapolis (zip 46280) population
- 2.4% of houses and apartments in Indianapolis (zip 46280), 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

  HousingIndianapolis, IndianaUnited States
  3,781.0139,647,020.0
  4542
  $283,000$338,100
  17.3%16.6%
  67.7%57.0%
  105.7%101.1%
  $7.47$10.98
  $1,788$2,690
  57.6%57.4%
  8.8%11.2%
  33.5%31.4%
  Vacant Housing
  2.4%1.9%
  0.0%0.4%
  0.0%0.7%
  0.9%0.4%
  0.0%3.6%
  5.5%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.0%2.4%
  0.0%2.8%
  0.7%3.9%
  4.5%4.5%
  6.0%11.3%
  21.9%13.0%
  33.6%20.1%
  16.8%13.6%
  12.8%8.3%
  0.0%9.7%
  2.6%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.7%13.6%
  8.7%13.6%
  14.3%13.6%
  8.0%13.2%
  8.0%14.8%
  14.3%13.6%
  19.7%10.0%
  8.0%4.7%
  1.3%12.2%
Reviews for Indianapolis
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Over 17 years ago

Carmel Indiana is a very family oriented community. Great place to raise a family. Safe. 5 Star  More

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