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City

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City

ZIP codes

Indianapolis, Indiana

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand is unremarkable. Hotness 45/100, supply score 58, homes go under contract 5.7% faster than the US median, at 67% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $70K, +4.3% YoY (ZIP); renters hold 43.3% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.6% YoY. inventory, +14.5% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

Computed from this page's data: median listing $266,519 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

50 ZIPs in this city:46201 46202 46203 46204 46205 46206 46208 46213 46214 46216 46217 46218 46219 46220 46221 46222 46224 46225 46226 46227 46228 46229 46230 46231 46234 46235 46236 46237 46239 46240 46241 46242 46244 46247 46249 46250 46251 46253 46254 46256 46259 46260 46268 46278 46280 46282 46283 46285 46290 46298

Market Hotness

45 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−5.7%

homes sell faster here

67%

of national median · below avg

Median Listing Price

$267K

Population

984,293

404,194

Median Days on Market

Active Listings

3,412

New Listings

1,296

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 3.6% YoY while the median home got down 14.9% bigger, so value per square foot is up 8.5%.

Pricing

Median Listing Price

$267K-3.6% YoY

Average Listing Price

$315K-5.1% YoY

Price per Sq Ft

$159.827+8.5% YoY

Median Sq Ft

1,665-14.9% YoY

Inventory

Active Listings

3,412+23.9% YoY

New Listings

1,296-2.4% YoY

Total Listings

4,580+14.5% YoY

Buyer Competition

Pending Listings

1,187-4.9% YoY

Pending Ratio

0.35-23.3% YoY

Median Days on Market

58+12.1% YoY

Price Reduced

32.0%+1.0% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 441,040

441Kunits

Occupied400,43290.8%

Vacant40,6089.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 400,432

400Koccupied

Owner226,44156.5%

Renter173,99143.5%

Renter Share

43.5%-1.4% YoY

Total Housing Units

441,040+0.5% YoY

FY2026 Fair Market Rent

CountyMarion County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,118

/month

1 BR

$1,267

/month

2 BR

$1,473

/month

3 BR

$1,907

/month

4 BR

$2,338

/month

FMR trends · Marion County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 43.3% of this ZIP's 404,194 occupied households, on a median household income of $70K.

Population & Age

Total Population

984,293+0.6% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 984,293

984Kresidents

Under 18244,37524.8%

Adults 18–64609,38061.9%

65 & Over130,53813.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

34.77+0.3% YoY

Population Under 18

244,375+0.3% YoY

Population 65 & Over

130,538+2.8% YoY

Households & Mobility

Total Households

404,194+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39-0.5% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.4%

Other0.8%

Veterans

5.5%-2.8% YoY

Income & Poverty

Median Household Income

$70K+4.3% YoY

Per-Capita Income

$38K+3.5% YoY

Mean Household Income

$92K+3.7% YoY

Below Poverty Level

15.2%+1.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.2%

Public transit1.3%

Worked from home13.7%

Other12.8%

Worked From Home

13.7%+12.9% YoY

Mean Commute

24.52+1.1% YoY

Units & Tenure

Total Housing Units

444,666+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 444,666

445Kunits

Occupied404,19490.9%

Vacant40,4729.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 404,194

404Khouseholds

Owner229,37456.7%

Renter174,82043.3%

Avg Household Size — Owner

2.59-1.0% YoY

Avg Household Size — Renter

2.14+0.1% YoY

County Demographics

County population is up 0.4% to 975,809: residents under 18 are up 0.1% and those 65 and over are up 2.7%.

Median Age

34.42024

Population

Marion County Population

981,628+0.6% YoY

Households

Total Households

400,432+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.40-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 975,809

976Kresidents

Under 18243,91525.0%

Adults 18–64603,44261.8%

65 & Over128,45213.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

243,915+0.1% YoY

Population 65 & Over

128,452+2.7% YoY

Median Age

34.40+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.5%

Other0.8%

Veterans

5.5%-1.8% YoY

County Economy

County median household income is $66K, 15.3% of residents are below the poverty level, 13.9% work from home.

Income

Median Household Income

$66K+4.6% YoY

Per-Capita Income

$38K+3.7% YoY

Mean Household Income

$91K+3.9% YoY

Poverty

Below Poverty Level

15.3%+1.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.0%

Public transit1.3%

Worked from home13.9%

Other12.8%

Worked From Home

13.9%+13.0% YoY

Mean Commute

24.50+1.2% YoY

Done with Indianapolis? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Indianapolis, Indiana

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand is unremarkable. Hotness 45/100, supply score 58, homes go under contract 5.7% faster than the US median, at 67% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $70K, +4.3% YoY (ZIP); renters hold 43.3% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.6% YoY. inventory, +14.5% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

Market Hotness

45 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−5.7%

homes sell faster here

67%

of national median · below avg

Median Listing Price

$267K

Population

984,293

404,194

Median Days on Market

Active Listings

3,412

New Listings

1,296

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 3.6% YoY while the median home got down 14.9% bigger, so value per square foot is up 8.5%.

Pricing

Median Listing Price

$267K-3.6% YoY

Average Listing Price

$315K-5.1% YoY

Price per Sq Ft

$159.827+8.5% YoY

Median Sq Ft

1,665-14.9% YoY

Inventory

Active Listings

3,412+23.9% YoY

New Listings

1,296-2.4% YoY

Total Listings

4,580+14.5% YoY

Buyer Competition

Pending Listings

1,187-4.9% YoY

Pending Ratio

0.35-23.3% YoY

Median Days on Market

58+12.1% YoY

Price Reduced

32.0%+1.0% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 441,040

441Kunits

Occupied400,43290.8%

Vacant40,6089.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 400,432

400Koccupied

Owner226,44156.5%

Renter173,99143.5%

Renter Share

43.5%-1.4% YoY

Total Housing Units

441,040+0.5% YoY

FY2026 Fair Market Rent

CountyMarion County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,118

/month

1 BR

$1,267

/month

2 BR

$1,473

/month

3 BR

$1,907

/month

4 BR

$2,338

/month

FMR trends · Marion County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 43.3% of this ZIP's 404,194 occupied households, on a median household income of $70K.

Population & Age

Total Population

984,293+0.6% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 984,293

984Kresidents

Under 18244,37524.8%

Adults 18–64609,38061.9%

65 & Over130,53813.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

34.77+0.3% YoY

Population Under 18

244,375+0.3% YoY

Population 65 & Over

130,538+2.8% YoY

Households & Mobility

Total Households

404,194+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39-0.5% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.4%

Other0.8%

Veterans

5.5%-2.8% YoY

Income & Poverty

Median Household Income

$70K+4.3% YoY

Per-Capita Income

$38K+3.5% YoY

Mean Household Income

$92K+3.7% YoY

Below Poverty Level

15.2%+1.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.2%

Public transit1.3%

Worked from home13.7%

Other12.8%

Worked From Home

13.7%+12.9% YoY

Mean Commute

24.52+1.1% YoY

Units & Tenure

Total Housing Units

444,666+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 444,666

445Kunits

Occupied404,19490.9%

Vacant40,4729.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 404,194

404Khouseholds

Owner229,37456.7%

Renter174,82043.3%

Avg Household Size — Owner

2.59-1.0% YoY

Avg Household Size — Renter

2.14+0.1% YoY

County Demographics

County population is up 0.4% to 975,809: residents under 18 are up 0.1% and those 65 and over are up 2.7%.

Median Age

34.42024

Population

Marion County Population

981,628+0.6% YoY

Households

Total Households

400,432+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.40-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 975,809

976Kresidents

Under 18243,91525.0%

Adults 18–64603,44261.8%

65 & Over128,45213.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

243,915+0.1% YoY

Population 65 & Over

128,452+2.7% YoY

Median Age

34.40+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.5%

Other0.8%

Veterans

5.5%-1.8% YoY

County Economy

County median household income is $66K, 15.3% of residents are below the poverty level, 13.9% work from home.

Income

Median Household Income

$66K+4.6% YoY

Per-Capita Income

$38K+3.7% YoY

Mean Household Income

$91K+3.9% YoY

Poverty

Below Poverty Level

15.3%+1.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.0%

Public transit1.3%

Worked from home13.9%

Other12.8%

Worked From Home

13.9%+13.0% YoY

Mean Commute

24.50+1.2% YoY

Done with Indianapolis? Put it next to another market.