Indianapolis, IN Midwest value market with strong logistics and life sciences employment; excellent landlord laws. This report covers current market conditions, investment fundamentals, and key metrics for real estate buyers and investors.
Current Market Snapshot
Investment Analysis
With a gross yield of 6.5% and a median price of $250,000, Indianapolis sits firmly in cash flow territory. A typical 2-bedroom property rents for approximately $1,354/month based on HUD Fair Market Rent data.
The affordability index of 120 indicates housing is accessible for median-income households — a healthy foundation for sustained demand.
Market Temperature: Hot
With a median DOM of 25 days and approximately 5,100 active listings and fierce competition, Indianapolis's market is currently classified as hot. Low inventory is supporting seller leverage; buyers should move decisively on well-priced properties.
Key Data Points
| Metric | Value |
|---|---|
| Median Sale Price | $250,000 |
| YoY Price Change | +3.5% |
| Median Days on Market | 25 days |
| Active Listings | 5,100 |
| Est. 2BR Fair Market Rent | $1,354/mo |
| Gross Rental Yield | 6.5% |
| Median Household Income | $64,000 |
| Affordability Index | 120 |
Getting Live Data via API
ZipMarketData provides live data for all ZIP codes within the Indianapolis, IN metro. Use the /market-stats endpoint with any Indianapolis ZIP code for the most current figures.