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Indianapolis, IN Housing

 
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As of 2010-2014, median price of a house in Indianapolis is $117,200, which is about the same as the state average of $122,700 and is lower than the national average of $175,700. The Indianapolis median house value has grown by 19.35% since 2000. The growth rate for the price of a house in Indianapolis is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Indianapolis was built is 1969, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 179,408 Owner Occupied Houses in Indianapolis, IN, #154
Indianapolis, IN
117,200 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #297
Indianapolis, IN
19.35%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Indianapolis, INIndianaU.S.
Total Housing Units381,610, see rank, 100%2,811,617132,741,033
Occupied Housing Units328,423, 86.06%, see rank88.64%87.55%
Owner Occupied179,408, 47.01%, see rank61.56%56.34%
Renter Occupied149,015, 39.05%, see rank27.07%31.21%
Vacant Housing Units53,187, 13.94%, see rank11.36%12.45%
For Rent15,421, 4.04%, see rank2.40%2.34%
For Sale Only4,965, 1.30%, see rank1.47%1.20%
Rented or Sold, Not Occupied4,746, 1.24%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use1,395, 0.37%, see rank1.64%3.97%
For Migrant Workers57, 0.01%, see rank0.02%0.03%
Other Vacant26,603, 6.97%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #194
Indianapolis, INIndianaU.S.
196919721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Indianapolis, IN%IndianaU.S.
Owner-Occupied Units179,408100%1,730,95474,787,460
With a Mortgage132,56673.89%, see rank68.12%65.58%
Without a Mortgage46,84226.11%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Indianapolis, IN
1,129 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsIndianapolis, IN%IndianaU.S.
$299 or Less4080.31%, see rank0.35%0.20%
$300 to $4992,6361.99%, see rank3.15%1.59%
$500 to $69910,4387.87%, see rank9.90%5.01%
$700 to $99936,52227.55%, see rank26.58%14.32%
$1,000 to $1,49952,01539.24%, see rank35.46%27.90%
$1,500 to $1,99919,07414.39%, see rank14.79%20.35%
$2,000 to $2,9998,7546.60%, see rank7.60%19.52%
$3,000 or More2,7192.05%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Indianapolis, IN
21.20% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Indianapolis, IN%IndianaU.S.
10% or Less9,7087.32%, see rank7.60%5.86%
10% to 20%50,91638.41%, see rank41.01%31.95%
20% to 30%34,96826.38%, see rank26.38%27.64%
30% to 40%14,45110.90%, see rank10.90%13.74%
40% or More21,35316.11%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Indianapolis, IN
386 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsIndianapolis, IN%IndianaU.S.
$199 or Less2,9316.26%, see rank8.65%7.76%
$200 to $2999,91221.16%, see rank22.03%14.70%
$300 to $49921,69146.31%, see rank44.41%34.63%
$500 to $6997,86216.78%, see rank17.12%21.16%
$700 or More4,4469.49%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Indianapolis, IN
11.50% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Indianapolis, IN%IndianaU.S.
10% or Less20,31443.37%, see rank45.90%40.19%
10% to 20%14,15230.21%, see rank31.56%31.47%
20% to 30%5,28911.29%, see rank10.56%12.24%
30% to 40%2,3805.08%, see rank4.39%5.64%
40% or More3,9408.41%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Indianapolis, INIndianaU.S.
Total Housing Units381,610, 100%2,811,617132,741,033
1-unit, Detached225,957, 59.21%, see rank72.70%61.65%
1-unit, Attached32,738, 8.58%, see rank3.65%5.82%
2 Units8,385, 2.20%, see rank2.59%3.75%
3 or 4 Units21,858, 5.73%, see rank3.58%4.43%
5 to 9 Units33,865, 8.87%, see rank4.55%4.78%
10 or More Units53,769, 14.09%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.5,038, 1.32%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Indianapolis, INIndianaU.S.
Total Housing Units381,610, 100%2,811,617132,741,033
1 Room7,683, 2.01%, see rank1.26%1.95%
2 Rooms7,228, 1.89%, see rank1.46%2.48%
3 Rooms37,411, 9.80%, see rank6.64%9.13%
4 Rooms62,935, 16.49%, see rank14.31%16.60%
5 Rooms85,320, 22.36%, see rank21.67%20.41%
6 Rooms74,463, 19.51%, see rank20.12%18.06%
7 Rooms44,641, 11.70%, see rank13.67%12.27%
8 Rooms27,450, 7.19%, see rank9.17%8.48%
9 Rooms or More34,479, 9.04%, see rank11.69%10.60%
Median Rooms5.40, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Indianapolis, INIndianaU.S.
Total Housing Units381,610, 100%2,811,617132,741,033
No Bedroom8,771, 2.30%, see rank1.38%2.17%
1 Bedroom55,852, 14.64%, see rank9.26%11.16%
2 Bedrooms120,320, 31.53%, see rank26.57%26.69%
3 Bedrooms139,891, 36.66%, see rank44.05%39.70%
4 Bedrooms48,101, 12.60%, see rank15.33%16.05%
5 or More Bedrooms8,675, 2.27%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Indianapolis, INIndianaU.S.
Total Housing Units328,423, 100%2,492,183116,211,092
Utility Gas204,813, 62.36%, see rank61.00%48.85%
Bottled, Tank, or LP Gas2,129, 0.65%, see rank7.17%4.86%
Electricity118,590, 36.11%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.668, 0.20%, see rank0.96%5.86%
Coal or Coke26, 0.01%, see rank0.14%0.12%
Wood441, 0.13%, see rank2.21%2.12%
Solar Energy28, 0.01%, see rank0.02%0.05%
Other Fuel820, 0.25%, see rank0.46%0.47%
No Fuel Used908, 0.28%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalIndianapolis, INIndianaU.S.
Occupied Units Paying Rent144,412, 100%716,46139,201,928
$199 or Less1,507, 1.04%, see rank1.90%1.50%
$200 to $2993,465, 2.40%, see rank3.46%3.18%
$300 to $4998,716, 6.04%, see rank10.51%7.37%
$500 to $69938,157, 26.42%, see rank27.49%16.01%
$700 to $99961,016, 42.25%, see rank37.65%29.17%
$1,000 to $1,49926,650, 18.45%, see rank15.48%26.88%
$1,500 to $1,9993,483, 2.41%, see rank2.39%9.79%
$2,000 or More1,418, 0.98%, see rank1.13%6.10%
Median$784, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Indianapolis, INIndianaU.S.
Occupied Housing Units328,423, 100%2,492,183116,211,092
No Vehicles Available31,936, 9.72%, see rank6.86%9.12%
1 Vehicles Available134,088, 40.83%, see rank32.87%33.80%
2 Vehicles Available115,620, 35.20%, see rank38.90%37.48%
3 or More Vehicles Available46,779, 14.24%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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