Indianapolis, IN 46241 - Real Estate Investment Insights & Performance Data

Welcome to our 46241 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 46241 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: 46241
  • City: Indianapolis
  • State: IN
  • Metro Area: Indianapolis-Carmel-Anderson, IN
  • County Name: MARION COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $141,045
  • Average Home Price (Single Family Homes): $141,154
  • Average Monthly Rental Price (All Types): $1,215
  • Price-to-Rent Ratio: 10
  • Zillow Projected % appreciation from 4/2023-4/2024: 0.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $970
  • Average 3 Bedroom Section 8 Rental Rates: $1,270
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 12.12
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 9.25
  • 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): 174.56
  • Total % Appreciation since 2000 (Government Data): 89.26
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.45%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.8%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.85%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.42%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 206.53%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 133.41%
  • 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): 1.25%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.9%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%