46240 Real Estate Market

46240 Market

The median sale price for homes in 46240 over the last 12 months is $161,445.


The median mortgage debt is $88,629.

Additional Statistics for Single Family Homes and Condos in Indianapolis, IN
$195,810
Median Listing Price
87
Median Days on Market
124
Active Listings
9.7%
Distressed Listings
(foreclosures and short sales)
46240 (Indianapolis, IN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Indianapolis is $219,900. The list prices increased by 10% from the previous month.

The price per square foot for listings in this area is $109.

The median sale price in December for single family homes is $148,837. The sale prices dropped by -0.77% from the previous month.

The price per square foot for sales in this area is $39.

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46240 (Indianapolis, IN) Market Inventory Trends

The number of active listings in Indianapolis dropped by 12.4% from the previous month.

The median number of days active properties have been listed is 85.

The number of sales in December dropped by 88.9% from the previous month.

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46240 (Indianapolis, IN) Property Ownership

The percent of owner occupied properties in Indianapolis is 19.57% below the national average.

The percent of rental properties in Indianapolis is 24.21% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.