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Overview

Get to know Indianapolis. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Indianapolis real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Indianapolis without having to leave home.

The median home price in Indianapolis for the week end on May 13th 2022 was $123,500 compared to $840, the median rent. Unemployment sits at 8.1% as of May 13th 2022. The population of Indianapolis is 853,431. The median age of the locals is 34.1.

Market trends

Single Family Homes
Condo/Townhomes

In the past week, single family homes in Indianapolis sold on average for $259,900 and spent 79 days on the market. In Indianapolis, the inventory of 723 experienced a 6% relisting. The average price per square foot was $137.

In the past week, condo/townhomes in Indianapolis sold on average for $227,450 and spent 28 days on the market. In Indianapolis, the inventory of 32 experienced a relisting. The average price per square foot was $195.

Population trends

As previously noted, the population of Indianapolis is 853,431 and the median age is 34.1. Among Indianapolis residents, there is a homeowner vacancy rate of 2.1% and a rental vacancy rate of 8.4% from a total of 383,677 units.

School information

Indianapolis has 50 schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in Indianapolis.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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