Real Estate Market Update for 46208 (Indianapolis, IN)
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 1% compared to one year earlier, and down 18% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold increased 6% year-over-year, and increased 20% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 46208 (Indianapolis, IN)
Area Information for 46208 (Indianapolis, IN)
  • Population: 21,298
  • Median Age: 31.62 yr
  • Median Commute Time: 19.18 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 3,172/sq mi
  • Population Change Since 2000: -12.29%
  • Closest Airport: Indianapolis International
  • Closest College: Christian Theological Seminary
  • Closest Jr. College: Ivy Tech Community Cllg-central Indiana
  • Median Household Income: $34,855
  • Annual Residential Turnover: 21.72%
  • Median Years in Residence: 3.6 yr
  • Median Home Sales Price: $160,456
  • Closest Major Sports Team: Colts
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 46208 (Indianapolis, IN)
Median Age: 31.62 Married: 19% Number of Households: 8,349 Households with Children: 2,353
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 46208 (Indianapolis, IN)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      James Whitcomb Riley 43 0.8 mi Public K-8 1 1
      Shortridge Law & Public Policy Magnet High School (9-12) 0.9 mi Public 6-12 0 3
      Shortridge Law & Public Policy Magnet High School (6-8) 0.9 mi Public 6-12 0 0
      International School Of Indiana (pk-3) 1.0 mi Private PRESCHOOL-12 0 5
      International School Of Indiana (4-8) 1.0 mi Private 4-8 0 5
      International School Of Indiana (pk-3) 1.0 mi Private PRESCHOOL-3 0 0
      The International Sch Of In Hs 1.0 mi Private PRESCHOOL-12 0 0
      Holy Angels Catholic School 1.0 mi Catholic PRESCHOOL-6 0 0
      Elder W Diggs Elementary School 42 1.3 mi Public PRESCHOOL-6 0 0
      Saint Thomas Aquinas School 1.4 mi Catholic K-8 0 0
      Flanner House Elem Sch (charter) 1.4 mi Public K-6 0 0
      Fall Creek Academy 1.4 mi Public K-12 0 3
      George And Veronica Phalen Leadership Academies #1 1.7 mi Public - 0 0
      Montessori Centres 1.8 mi Private PRESCHOOL-3 0 5
      Carpe Diem Collegiate High School 1.8 mi Public 6-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2014
      Local Weather for 46208 (Indianapolis, IN)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.