46227 Real Estate Market

46227 Market

The median sale price for homes in 46227 over the last 12 months is $99,005.


The median mortgage debt is $75,933.

Additional Statistics for Single Family Homes and Condos in Indianapolis, IN
$106,190
Median Listing Price
63
Median Days on Market
242
Active Listings
16.5%
Distressed Listings
(foreclosures and short sales)
46227 (Indianapolis, IN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Indianapolis is $110,000. The list prices dropped by -2.65% from the previous month.

The price per square foot for listings in this area is $59.

The median sale price in December for single family homes is $90,116. The sale prices increased by 7.69% from the previous month.

The price per square foot for sales in this area is $73.

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46227 (Indianapolis, IN) Market Inventory Trends

The number of active listings in Indianapolis increased by 0.5% from the previous month.

The median number of days active properties have been listed is 63. This is significantly shorter than the national average.

The number of sales in December dropped by 83.3% from the previous month.

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46227 (Indianapolis, IN) Property Ownership

The percent of owner occupied properties in Indianapolis is 18.14% below the national average.

The percent of rental properties in Indianapolis is 22.08% 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.