Real Estate Market Update for Indianapolis, IN

Video: Real Estate Community Tour for Indianapolis, IN

See Real estate community tour for Indianapolis, IN Welcome to Indianapolis! The capital of Indiana and one of the fastest growing metropolitan areas in the country. Indianapolis is the 12th largest city in the US. Residents have access to education through the eleven public school districts and numerous private schools in the city. There is also opportunity for higher education, as the city is home to many colleges and universities including Ball State, Brown Mackie, Butler University and the Kelly School of Business just to name a few. Visit the wholesale district and you will find the epicenter of downtown Indianapolis, including Circle Centre Mall with more than 125 shopping dining and entertainment options. Catch a Pacers game at Conseco Fieldhouse or watch the NFL's Colts play at Lucas Oil Stadium. Castleton is a residential district located in the northeast corner of the city, and is one of the most popular neighborhoods in the area! There are many fun attractions to visit, including White River State Park, and the Indianapolis Motor Speedway! Tour the many attractive homes available throughout Indianapolis on century21.com!
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 41% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 130-thousand dollars. The number of units sold increased 9% year-over-year, and decreased 7% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
Welcome to Indianapolis! The capital of Indiana and one of the fastest growing metropolitan areas in the country. Indianapolis is the 12th largest city in the US. Residents have access to education through the eleven public school districts and numerous private schools in the city. There is also opportunity for higher education, as the city is home to many colleges and universities including Ball State, Brown Mackie, Butler University and the Kelly School of Business just to name a few. Visit the wholesale district and you will find the epicenter of downtown Indianapolis, including Circle Centre Mall with more than 125 shopping dining and entertainment options. Catch a Pacers game at Conseco Fieldhouse or watch the NFL's Colts play at Lucas Oil Stadium. Castleton is a residential district located in the northeast corner of the city, and is one of the most popular neighborhoods in the area! There are many fun attractions to visit, including White River State Park, and the Indianapolis Motor Speedway! Tour the many attractive homes available throughout Indianapolis on century21.com!
Show Transcript
Map Information for Indianapolis, IN
Area Information for Indianapolis, IN
  • Population: 843,184
  • Median Age: 35.24 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,332/sq mi
  • Population Change Since 2000: 7.63%
  • Closest Airport: Indianapolis International
  • Closest College: Harrison College
  • Closest Jr. College: Ivy Tech Community Cllg-central Indiana
  • Median Household Income: $43,160
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $127,611
  • Closest Major Sports Team: Indiana Fever
  • Change Avg. Household Income Since 2000: 14.37%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Indianapolis, IN
Median Age: 35.24 Married: 32% Number of Households: 342,392 Households with Children: 97,663
Community:
    • 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 Indianapolis, IN

      School Name Distance Type Grades School Rating Parent Rating
      Arsenal Technical High School 1.3 mi Public 9-12 1 3
      Trinity Christian School 1.6 mi Private K-12 0 0
      Crispus Attucks Medical Magnet High School (6-8) 1.6 mi Public 5-12 1 3
      Crispus Attucks Medical Magnet High School (9-12) 1.6 mi Public 6-12 1 3
      Herron High School 1.8 mi Public 9-12 5 4
      Emmerich Manual High School 2.0 mi Public 9-12 0 4
      Excel Center For Adult Learners 2.2 mi Public 9-12 1 4
      Indianapolis Metropolitan High School 2.2 mi Public 9-12 0 3
      William Penn School 49 2.2 mi Public PRESCHOOL-6 0 4
      Key Learning Community (9-12) 2.3 mi Public 9-12 2 0
      Christel House Academy - South 2.4 mi Public K-12 2 0
      George Washington Community High School (9-12) 2.5 mi Public 7-12 0 3
      Paramount School Of Excellence 2.7 mi Public K-8 4 0
      Baptist Academy 2.7 mi Private PRESCHOOL-12 0 0
      Providence Cristo Rey High School 2.7 mi Catholic 9-12 0 0
      George W Carver School 87 2.8 mi Public PRESCHOOL-8 4 0
      Elder W. Diggs School 42 3.1 mi Public K-6 0 0
      Kipp Indy College Prep Middle School 3.5 mi Public 5-8 0 0
      Thomas Carr Howe Community High School 3.6 mi Public 7-12 0 2
      Indianapolis Lighthouse Charter School 3.7 mi Public K-12 0 0
      Shortridge Magnet High School For Law And Public Policy (6-8) 3.8 mi Public 6-12 1 0
      Calvary Christian School 3.8 mi Private PRESCHOOL-12 0 0
      Scecina Memorial School 3.9 mi Catholic 9-12 0 5
      Mti School Of Knowledge 4.1 mi Private PRESCHOOL-12 0 0
      Cardinal Ritter High School 4.7 mi Catholic 7-12 0 4
      Garden City Elementary School 4.9 mi Public PRESCHOOL-6 1 0
      Indiana School For The Deaf 4.9 mi Public PRESCHOOL-12 0 0
      Charles A Tindley Accelerated School 5.0 mi Public 6-12 5 4
      Tindley Collegiate Academy 5.1 mi Public 6-8 4 0
      International School Of Indiana (pk-3) 5.2 mi Private PRESCHOOL-12 0 0
      Irvington Community School 5.2 mi Public K-5 2 0
      Speedway Junior High School 5.3 mi Public 7-8 4 0
      Beech Grove Senior High School 5.3 mi Public 9-12 3 3
      Roncalli High School 5.5 mi Catholic 9-12 0 4
      Southport Middle School 5.8 mi Public 7-8 3 2
      Rousseau Mc Clellan 91 5.9 mi Public K-8 4 0
      Speedway Senior High School 6.1 mi Public 9-12 2 4
      Indiana Math & Science Academy - West 6.2 mi Public K-12 0 0
      Ben Davis University High School 6.3 mi Public 10-12 0 3
      Southport High School 6.3 mi Public 9-12 1 3
      Center For Inquiry School 84 6.5 mi Public K-8 5 0
      Northwest Community High School (9-12) 6.7 mi Public 7-12 0 2
      Northwest Community High School (7-8) 6.7 mi Public 7-12 0 4
      Crooked Creek Elementary School 6.8 mi Public K-5 4 0
      Bishop Chatard High School 6.9 mi Catholic 9-12 0 4
      Lutheran High School 7.1 mi Private 9-12 0 4
      Merle Sidener Gifted Academy 7.1 mi Public 2-8 5 0
      Nexus Academy Of Indianapolis 7.3 mi Public 9-12 1 5
      Cathedral High School 7.4 mi Catholic 9-12 0 4
      Ben Davis Ninth Grade Center 7.4 mi Public 9-9 0 4
      Ben Davis High School 7.4 mi Public 10-12 0 3
      Hoosier Academy Virtual Charter 7.4 mi Public K-12 0 0
      Broad Ripple Magnet High School For The Arts & Humanities (6-8) 7.4 mi Public 6-8 0 3
      Broad Ripple Magnet High School For The Arts & Humanities (9-12) 7.4 mi Public 6-12 1 3
      John Strange Elementary School 7.7 mi Public K-5 4 0
      Thompson Crossing Elementary School 7.8 mi Public K-5 4 0
      Perry Meridian Middle School 7.8 mi Public 7-8 2 4
      Perry Meridian High School 7.9 mi Public 9-12 1 3
      Covenant Christian High School 7.9 mi Private 9-12 0 4
      Rosa Parks-edison Elementary School 8.0 mi Public K-5 4 0
      Valley Mills Elementary School 8.0 mi Public 1-6 1 3
      Decatur Township School For Excellence 8.0 mi Public 7-12 1 3
      Warren Central High School 8.4 mi Public 9-12 1 3
      Decatur Central High School 8.5 mi Public 9-12 1 3
      Park Tudor School (6-8) 8.5 mi Private PRESCHOOL-12 0 0
      New Augusta Public Academy-north 8.6 mi Public 6-8 2 3
      Hoosier Academy - Indianapolis 8.6 mi Public K-12 2 0
      Lawrence Central High School 8.7 mi Public 9-12 1 3
      Belzer Middle School 8.9 mi Public 7-8 2 3
      Indiana Math & Science Academy - North 8.9 mi Public K-7 1 4
      Indiana School For The Blind And Visually Impaired 9.1 mi Public K-12 0 0
      Franklin Central High School 9.2 mi Public 9-12 5 4
      Robey Elementary School 9.3 mi Public K-6 3 5
      John Marshall Community High School (9-12) 9.7 mi Public 7-12 0 2
      John Marshall Community High School (7-8) 9.7 mi Public 7-12 0 4
      Mary Adams Elementary School 9.8 mi Public K-5 5 0
      Pike High School 9.8 mi Public 9-12 1 3
      Allisonville Elementary School 10.0 mi Public 1-5 4 0
      Indiana Connections Acad Virtual Pilot 10.0 mi Public K-12 2 0
      Colonial Christian School 10.1 mi Private K-12 0 0
      Heritage Christian School 10.2 mi Private PRESCHOOL-12 0 0
      Pleasant Grove Elementary School 10.2 mi Public K-5 4 0
      South Creek Elementary School 10.4 mi Public K-5 4 0
      Center Grove Middle School North 10.4 mi Public 6-8 4 0
      North Central High School 10.4 mi Public 9-12 3 4
      Brebeuf Jesuit Preparatory School 10.7 mi Catholic 9-12 0 4
      Greenwood Middle School 11.0 mi Public 6-8 4 4
      Franklin Township Middle School East 11.0 mi Public 6-8 4 0
      Sugar Grove Elementary School 11.0 mi Public K-5 5 5
      Greenwood Community High School 11.0 mi Public 9-12 4 4
      Forest Glen Elementary School 11.1 mi Public 1-6 4 4
      Lawrence North High School 11.2 mi Public 9-12 2 3
      Westwood Elementary School 11.3 mi Public K-5 4 0
      Mary Evelyn Castle Elementary School 12.2 mi Public 1-6 2 4
      Greenwood Christian Academy 12.3 mi Private PRESCHOOL-12 0 0
      Horizon Christian School 12.7 mi Private PRESCHOOL-12 0 0
      Clark Pleasant Middle School 12.9 mi Public 7-8 4 0
      Center Grove Middle School Central 13.0 mi Public 6-8 5 0
      Center Grove High School 13.1 mi Public 9-12 4 3
      Amy Beverland Elementary School 14.0 mi Public 1-6 4 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Indianapolis, IN
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.