Welcome to our 46227 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 46227 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.
-
Location Overview
- Zip Code: 46227
- City: Indianapolis
- State: IN
- Metro Area: Indianapolis-Carmel-Anderson, IN
- County Name: MARION COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $220,281
- Average Home Price (Single Family Homes): $225,044
- Average Monthly Rental Price (All Types): $1,350
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 1.9%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,000
- Average 3 Bedroom Section 8 Rental Rates: $1,310
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.01
- 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%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 176.73
- Total % Appreciation since 2000 (Government Data): 97.65
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.61%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.74%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.45%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.21%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 122.72%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 116.07%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.23%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.39%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%