Beech Grove Fringe, Indianapolis, IN—46234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Beech Grove Fringe, Indianapolis, IN
As of Oct '25, the median home price in Beech Grove Fringe, Indianapolis, IN is $276,000, with a year-over-year change of 0.5%. This indicates that home prices in Beech Grove Fringe, Indianapolis, IN are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | 0.5% |
| Single Family | $280,000 | 0.7% |
| Condos | $238,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $222,000 | 0.5% |
3 Bed | $266,000 | 0.4% |
4 Bed | $326,000 | 0.6% |
| 5 Bed | $418,000 | -0.2% |
% of Housing Stock
Rental Trends — Beech Grove Fringe, Indianapolis, IN
As of July '25, Rentcast reports the average rent in Beech Grove Fringe, Indianapolis, IN is $1,880, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Beech Grove Fringe, Indianapolis, IN is 1-bedrooms: $1,640, 2-bedrooms: $1,200, 3-bedrooms: $1,900, 4-bedrooms: $2,080. The most common rental property sizes in Beech Grove Fringe, Indianapolis, IN are 3-bedroom and 2-bedroom, accounting for 30.5% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,420 | $1,640 |
| 2 Bed Rent | $1,180 | $1,200 |
| 3 Bed Rent | $1,880 | $1,900 |
| 4 Bed Rent | $2,120 | $2,080 |
% of Rental Stock
Property Listings — Beech Grove Fringe, Indianapolis, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Beech Grove Fringe, Indianapolis, IN is 50. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | 7.0% |
Listing Count | 76 | -2.0% |
| Listings as % of Homes | 0.4% | -2.0% |
Days on Market | 50 | 17.0% |
Demographics — Beech Grove Fringe, Indianapolis, IN
As of the latest ACS Survey released in 2023, Beech Grove Fringe, Indianapolis, IN has a population of 27,900, which has remained stable by 1.0% over the past 5 years. Beech Grove Fringe, Indianapolis, IN is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,900 | 1.0% |
% Under 18 | 26.2% | -4.4% |
% Seniors | 16.7% | 32.5% |
% WFH | 11.1% | 246.9% |
% w/ College Degree | 37.2% | -3.6% |
As of the latest ACS Survey released in 2023, Beech Grove Fringe, Indianapolis, IN is a predominantly white area, with 62.7% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Beech Grove Fringe, Indianapolis, IN is black, making up 18.5% of the population. Foreign-born residents account for 11.3% of the population in Beech Grove Fringe, Indianapolis, IN, and this percentage has increased by 63.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.7% | -13.6% |
% Black | 18.5% | 27.6% |
% Hispanic | 9.5% | 35.7% |
% Asian | 4.2% | 110.0% |
% Foreign Born | 11.3% | 63.8% |
Mortgage and Risk — Beech Grove Fringe, Indianapolis, IN
According to HUD data as of 2023, there were 743 mortgage originations in Beech Grove Fringe, Indianapolis, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Beech Grove Fringe, Indianapolis, IN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 743 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Beech Grove Fringe, Indianapolis, IN
As of 2024, the percent of homes in Beech Grove Fringe, Indianapolis, IN under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Beech Grove Fringe, Indianapolis, IN, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,420 | $1,330 |
| 2 Bedroom | $370 | $1,180 | $1,550 |
| 3 Bedroom | $140 | $1,880 | $2,020 |
| 4 Bedroom | $330 | $2,120 | $2,450 |
Affordability — Beech Grove Fringe, Indianapolis, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $276,000 |
| Median Household Income | $83,100 |