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Indianapolis Real Estate

The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!

Indianapolis, Indiana 46240 has a population of 880,104. Indianapolis 46240 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.

The median household income in Indianapolis, Indiana 46240 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46240 is 34.3 years.

Indianapolis Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    47
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

Metric City County
High School Graduates 86.65 86.89
College Degree - 2 year 7.6 7.68
College Degree - 4 year 32.88 32.79
Graduate Degree 8.24 8.17
Expenditures per Student 14,503 14,503
Students per Teacher 17.7 17.7

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Allisonville Elementary School 01 - 05 772 23.4 46240
Center for Inquiry II KG - 08 378 15.8 46220
Eliza A Blaker School 55 PK - 06 211 15.1 46220
Hilltop School PK - PK 124 31 46240
John Strange Elementary School KG - 05 633 21.8 46220
Merle Sidener Gifted Academy 02 - 08 353 18.6 46220
Nora Elementary School KG - 05 705 20.1 46240
Orchard Park Elementary School PK - 05 674 20.4 46280
Skiles Test Elementary School 01 - 06 537 17.3 46220

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Broad Ripple Mgnt Jr Hs-Prfm Arts 06 - 08 406 9 46220
Eastwood Middle School 06 - 08 835 17.6 46220
Northview Middle School 06 - 08 819 16.3 46240

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Broad Ripple MGNT HS for PRFM Arts 09 - 12 502 11.4 46220
Nexus Academy of Indianapolis 09 - 12 109 8.4 46220
North Central High School 09 - 12 3,518 19.3 46240

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
IN Math & Science Academy North KG - 12 760 15.6 46240
Indiana School for the Blind PK - 12 146 4.9 46240
Indiana Virtual School 06 - 12 451 55.3 46220
J Everett Light Career Center PK - 12 0 46240

Demographics near Indianapolis, IN 46240

Metric Zip Code City
Neighborhood Type Suburban
Population 880,104 969,542
Population Density 2,434 2,446
Median Age 34.3 34.4
People per Household 2.5 2.5
Median Household Income 54,321 54,601
Average Income per Capita 31,538 31,668