Real Estate Market Update for Indianapolis, IN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 16% from one year earlier, and down 19% 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 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold decreased 11% year-over-year, and increased 5% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Indianapolis, IN
Area Information for Indianapolis, IN
  • Population: 851,928
  • Median Age: 35.96 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 2,357/sq mi
  • Population Change Since 2000: 8.74%
  • Closest Airport: Indianapolis International
  • Closest College: Harrison College
  • Closest Jr. College: Ivy Tech Community Cllg-central Indiana
  • Median Household Income: $43,297
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $75,000
  • Closest Major Sports Team: Indiana Fever
  • Change Avg. Household Income Since 2000: 15.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Indianapolis, IN
Median Age: 35.96 Married: 31% Number of Households: 345,994 Households with Children: 97,203
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 0 3
      Trinity Christian School 1.6 mi Private K-12 0 0
      Crispus Attucks Medical Magnet Junior High School 1.6 mi Public 9-12 0 3
      Crispus Attucks Medical Magnet High School 1.6 mi Public 9-12 0 3
      Herron High School 1.8 mi Public 9-12 5 4
      Emmerich Manual High School 2.0 mi Public 9-12 0 3
      Indianapolis Metropolitan High School 2.2 mi Public 9-12 0 3
      Excel Center For Adult Learners 2.2 mi Public 9-12 1 4
      William Penn School 49 2.2 mi Public PRESCHOOL-7 1 4
      Christel House Academy - South 2.4 mi Public K-12 2 0
      George Washington Comm Jr High School 2.5 mi Public 8-12 0 0
      George Washington Community High School (9-12) 2.5 mi Public 8-12 0 3
      The Oaks Academy 2.5 mi Private PRESCHOOL-5 0 0
      Paramount School Of Excellence 2.7 mi Public K-8 4 0
      Central Christian Academy 2.7 mi Private PRESCHOOL-12 0 0
      Providence Cristo Rey High School 2.7 mi Catholic 9-12 0 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
      St. Richard's Episcopal School 3.7 mi Private PRESCHOOL-8 0 0
      Indianapolis Lighthouse Charter School 3.7 mi Public K-12 1 0
      Stephen Collins Foster Sch 67 3.8 mi Public PRESCHOOL-7 0 3
      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 4 4
      The International School Of Indiana - upper School 5.2 mi Private 6-12 0 0
      Irvington Community School 5.2 mi Public K-5 2 0
      Speedway Junior High School 5.3 mi Public 7-8 5 0
      Beech Grove Senior High School 5.3 mi Public 9-12 1 3
      Roncalli High School 5.5 mi Catholic 9-12 0 4
      Southport Middle School 5.8 mi Public 7-8 2 2
      Arthur C Newby Elementary School 2 5.9 mi Public K-6 5 0
      Speedway Senior High School 6.1 mi Public 9-12 3 4
      Indiana Math & Science Academy - West 6.2 mi Public K-8 1 0
      Ben Davis University High School 6.3 mi Public 10-12 2 4
      Southport High School 6.3 mi Public 9-12 1 4
      Center For Inquiry 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
      Bishop Chatard High School 6.9 mi Catholic 9-12 0 4
      Saint Matthew School 7.0 mi Catholic PRESCHOOL-8 0 0
      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 4 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 - Indianapolis 7.4 mi Public K-12 3 0
      Hoosier Academy Virtual Charter 7.4 mi Public K-12 1 0
      Broad Ripple Magnet High School For The Arts & Humanities (9-12) 7.4 mi Public 9-12 0 3
      Broad Ripple Magnet High School For The Arts & Humanities (6-8) 7.4 mi Public 8-12 0 3
      Thompson Crossing Elementary School 7.8 mi Public K-5 5 0
      Perry Meridian Middle School 7.8 mi Public 7-8 3 4
      Perry Meridian High School 7.9 mi Public 9-12 2 3
      Covenant Christian High School 7.9 mi Private 9-12 0 4
      Valley Mills Elementary School 8.0 mi Public 1-6 1 3
      Decatur Township School For Excellence 8.0 mi Public 7-12 0 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
      Bunker Hill Elementary School 8.5 mi Public K-5 5 0
      Park Tudor School 8.5 mi Private PRESCHOOL-12 0 0
      New Augusta Public Academy-north 8.6 mi Public 6-8 2 3
      Lawrence Central High School 8.7 mi Public 9-12 1 3
      Belzer Middle School 8.9 mi Public 7-8 1 3
      Indiana Math & Science Academy - North 8.9 mi Public K-7 0 4
      Saint Luke School 9.0 mi Catholic K-8 0 0
      Indiana School For The Blind And Visually Impaired 9.1 mi Public PRESCHOOL-12 0 0
      Franklin Central High School 9.2 mi Public 9-12 4 4
      Robey Elementary School 9.3 mi Public K-6 3 5
      Creston Middle School 9.6 mi Public 7-8 1 2
      John Marshall Community Jr High School 9.7 mi Public 7-12 0 3
      Pike High School 9.8 mi Public 9-12 2 3
      Indiana Connections Acad Virtual Pilot 10.0 mi Public K-12 1 0
      Colonial Christian School 10.1 mi Private K-12 0 0
      Heritage Christian School 10.2 mi Private PRESCHOOL-12 0 0
      South Creek Elementary School 10.4 mi Public K-5 5 0
      Center Grove Middle School North 10.4 mi Public 6-8 4 0
      North Central High School 10.4 mi Public 9-12 2 4
      Brebeuf Jesuit Preparatory School 10.7 mi Catholic 9-12 0 4
      Franklin Township Middle School East 11.0 mi Public 6-8 4 0
      Sugar Grove Elementary School 11.0 mi Public K-5 4 5
      Greenwood Community High School 11.0 mi Public 9-12 4 4
      Our Lady Of Greenwood School 11.0 mi Catholic PRESCHOOL-8 0 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
      Cornerstone Baptist Academy 11.3 mi Private PRESCHOOL-12 0 0
      Indiana Virtual School 11.4 mi Public 6-12 1 3
      Greenwood Middle School 11.8 mi Public 6-8 3 4
      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 6-8 4 0
      Center Grove Middle School Central 13.0 mi Public 6-8 5 0
      Center Grove Elementary School 13.1 mi Public K-5 5 0
      Center Grove High School 13.1 mi Public 9-12 5 3
      Saint Simon The Apostle School 14.3 mi Catholic PRESCHOOL-8 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: 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.