46203 Home Values & Market Trends

There are 18 homes currently listed for 46203. 46203 real estate market trends show that home prices range from $70,200 to $479,000, and the median sales price in the 46203 zip code is $162,077.19. The total number of properties sold within the past twelve months is 1,610. In 46203, 27 properties are in foreclosure, 2 are bank owned properties,and 12 are headed for auction.

46203 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 230,000

$ 141/sqft

Indianapolis

$ 230,000

$ 141/sqft

Housing Market Summary for 46203

Mar 2023February 2024Change
Median Listing Price$199.9K$161.2K-19.38%
Median Sold Price$150.3K$161.2K7.23%
Homes For Sale3617-52.78%
Homes Sold525468-10.86%
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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 46203

The median list price of a home in Indianapolis, is $162,077.19. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 46203 properties is 14,301.

Foreclosure
There are 2 cities within 46203; within these cities, the median estimated home value for homes in foreclosure ranges from $876,271 in indianapolis to the lowest value of $48,287 in indianapolis. Foreclosure homes account for 0.00% of properties in 46203 with indianapolis containing 485 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in 46203 with indianapolis containing 186 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46203; of those cities, the estimated home value for pre-foreclosure homes ranges from $832,007 in indianapolis to the lowest home value of $56,621 in indianapolis.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46203 ranges from the highest value of $876,271 in indianapolis to the lowest value of $55,862 in indianapolis. Bank owned homes and properties account for 0.01% of properties in 46203. There are 2 cities within 46203; indianapolis containing 77 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    indianapolis has 222 auction properties, the highest number of properties going to auction in a single city in the state of 46203. Auction homes and other auction properties account for 0.08% of all properties in 46203. There are 2 cities within 46203; of those cities, the median estimated home value for homes going to auction ranges from $733,104 in indianapolis to the lowest value of $48,287 in indianapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in 46203 with indianapolis containing 338 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 46203; homes for sale in those cities, have a range of median values from $2,111,978 in indianapolis to the lowest value of $48,197 in indianapolis.
    Sold Homes
    The median value for recently sold homes ranges from $4,003,200 in indianapolis to the lowest price of $19,256 in indianapolis. There are 2 cities within 46203. indianapolis has 8698 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.24% of properties in 46203.

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      Guide for 46203

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      See More Articles
      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.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.