46205 Home Values & Market Trends

There are 11 homes currently listed for 46205. 46205 real estate market trends show that home prices range from $105,000 to $629,000, and the median sales price in the 46205 zip code is $250,082.8. The total number of properties sold within the past twelve months is 1,014. In 46205, 41 properties are in foreclosure, 7 are bank owned properties,and 5 are headed for auction.

46205 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 245,332

$ 147/sqft

Indianapolis

$ 245,332

$ 147/sqft

Housing Market Summary for 46205

Apr 2023March 2024Change
Median Listing Price$294K$237.1K-19.36%
Median Sold Price$253.8K$237.1K-6.57%
Homes For Sale1811-38.89%
Homes Sold2963094.39%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 46205

The median list price of a home in Indianapolis, is $250,082.8. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 46205 properties is 9,296.

Foreclosure
There are 2 cities within 46205; within these cities, the median estimated home value for homes in foreclosure ranges from $1,214,441 in indianapolis to the lowest value of $36,565 in indianapolis. Foreclosure homes account for 0.00% of properties in 46205 with indianapolis containing 971 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.31% of all residential properties in 46205 with indianapolis containing 737 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46205; of those cities, the estimated home value for pre-foreclosure homes ranges from $728,244 in indianapolis to the lowest home value of $36,565 in indianapolis.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46205 ranges from the highest value of $792,627 in indianapolis to the lowest value of $49,900 in indianapolis. Bank owned homes and properties account for 0.08% of properties in 46205. There are 2 cities within 46205; indianapolis containing 79 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    indianapolis has 155 auction properties, the highest number of properties going to auction in a single city in the state of 46205. Auction homes and other auction properties account for 0.05% of all properties in 46205. There are 2 cities within 46205; of those cities, the median estimated home value for homes going to auction ranges from $1,214,441 in indianapolis to the lowest value of $64,464 in indianapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in 46205 with indianapolis containing 338 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 46205; homes for sale in those cities, have a range of median values from $1,215,406 in indianapolis to the lowest value of $48,170 in indianapolis.
    Sold Homes
    The median value for recently sold homes ranges from $3,885,182 in indianapolis to the lowest price of $21,928 in indianapolis. There are 2 cities within 46205. indianapolis has 8506 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.30% of properties in 46205.

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      Guide for 46205

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      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

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      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Recently Listed Homes 46205

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