Welcome to our 46218 real estate data hub, tailored for investors in Indianapolis, IN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 46218 in Indianapolis, IN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MARION COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Indianapolis, IN real estate investing. Uncover the wealth of information available, and position yourself for success in the Indianapolis property market.
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Location Overview
- Zip Code: 46218
- City: Indianapolis
- State: IN
- Metro Area: Indianapolis-Carmel-Anderson, IN
- County Name: MARION COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $100,254
- Average Home Price (Single Family Homes): $100,269
- Average Monthly Rental Price (All Types): $959
- Price-to-Rent Ratio: 9
- Zillow Projected % appreciation from 4/2023-4/2024: 2.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $940
- Average 3 Bedroom Section 8 Rental Rates: $1,230
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 8.89
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 6.79
- Number of Units Offered in Section 8 in the County: 5545
- Number of Occupied Units in Section 8 in the County: 5035
- Percentage of Section 8 Units Occupied in the County: 90.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 192.47
- Total % Appreciation since 2000 (Government Data): 81.67
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.91%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 11.32%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 101.17%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 186.93%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 487.5%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 330.41%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.82%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.05%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 34.06%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 48.86%