46221 Home Values & Market Trends
There are 21 homes currently listed for 46221. 46221 real estate market trends show that home prices range from $65,000 to $315,000, and the median sales price in the 46221 zip code is $204,939.29. The total number of properties sold within the past twelve months is 793. In 46221, 27 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
46221 Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Indianapolis | $ 241,747 $ 145/sqft | Indianapolis | $ 241,747 $ 145/sqft |
Housing Market Summary for 46221
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $140K | $196.4K | 40.32% |
Median Sold Price | $193.7K | $196.4K | 1.43% |
Homes For Sale | 11 | 16 | 45.45% |
Homes Sold | 222 | 241 | 8.56% |
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%.
Recently Sold Homes
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Browse Homes in 46221
The median list price of a home in Indianapolis, is $204,939.29. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 46221 properties is 8,943.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in 46221 with indianapolis containing 708 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46221; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 46221 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 0.02% of properties in 46221. There are 2 cities within 46221; indianapolis containing 76 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 46221. Auction homes and other auction properties account for 0% of all properties in 46221. There are 2 cities within 46221; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 46221
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.
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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.