Zip 46229 (Indianapolis, IN) Housing

The housing market in 46229 Indianapolis, IN is booming. According to the given data, the median value of a house in this area is $199,100, which is lower than the US House Median Value of $338,100. However, it still has seen an impressive increase in appreciation over the past year with 10.28%. This is higher than the national average of 8.27%, which makes it one of the best places to invest in right now.

The median home cost in Indianapolis (zip 46229) is $199,100. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Indianapolis (zip 46229) is up 17.3%.

Average Age of Homes

- The median age of Indianapolis (zip 46229) real estate is 35 years old

The Rental Market in Indianapolis (zip 46229)

- Renters make up 37.5% of the Indianapolis (zip 46229) population
- 2.5% of houses and apartments in Indianapolis (zip 46229), 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
	12,361.0	139,647,020.0
	40	42
	$199,100	$338,100
	17.3%	16.6%
	67.7%	57.0%
	105.7%	101.1%
	$9.57	$10.98
	$1,300	$2,690
	56.8%	57.4%
	7.6%	11.2%
	35.5%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.0%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.4%	2.4%
	1.0%	2.8%
	3.3%	3.9%
	12.0%	4.5%
	40.5%	11.3%
	21.6%	13.0%
	11.9%	20.1%
	2.4%	13.6%
	0.0%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	2.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	24.7%	13.6%
	10.0%	13.2%
	19.5%	14.8%
	24.7%	13.6%
	4.6%	10.0%
	1.2%	4.7%
	5.4%	12.2%

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