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.