Indianapolis is much older than the rest of Indiana, with a median age of 33. It's somewhat affluent as well, with a median income of $44,940 per household. Detached homes account for 91% of the area's current housing market. The best school in the city is Merle Sidener Gifted Academy.
The median value of homes in Indianapolis is $113,300, making it one of the most valuable areas in Indiana. At the same time, the average list price of available homes is presently $114,997.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Indianapolis:
A three-bedroom detached home valued around $135,679 is considered a typical dwelling in Indianapolis. If a buyer was looking for a similar home, they would need good credit and a $27,136 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $649 and the property tax rate is $10.41 per $1,000 of taxable assessed value.