46151 Zip Code Real Estate Market Continues Downward Trend in Contracts

Over the last 30 days, the 46151 zip code market had a lift in home sales with 57. But as sales edged up, the number of pending transactions continued to decline, with a total of 32 contracts during the same period. Prices are rising in the 46151 zip code, and the median sales price this period increased from $137,000 to $139,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 46151 zip code is still a definite buyer's market.

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Demographic facts about the 46151 zip code:

  • The median age of all homes in the area is 34 years old.
  • This area usually gets 15.2 inches of snow each year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 59. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $4,315 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Weichert Realtors
Snapped 1 home in this area
CENTURY 21 Scheetz
Snapped 1 home in this area
United Real Estate Indianapolis
Snapped 1 home in this area

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