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  1. Home
  2. /Browse ZIP Codes
  3. /Indiana
  4. /Indianapolis
  5. /North Indianapolis, Indianapolis, IN - 46260

North Indianapolis, Indianapolis, IN—46260

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$311,000
1.0% YoY Growth
Household Income
$70,600
47.4% YoY Growth
Days on Market
37
22.0% Shorter YoY
Home Price Forecast
1.3%
Median Rent
$1,310
10.9% YoY Growth
1-Bed Rent
$1,020
12.0% YoY Growth
2-Bed Rent
$1,500
6.2% YoY Growth
3-Bed Rent
$1,900
6.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — North Indianapolis, Indianapolis, IN

As of May '26, the median home price in North Indianapolis, Indianapolis, IN is $311,000, with a year-over-year change of 1.0%. This indicates that home prices in North Indianapolis, Indianapolis, IN are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$311,0001.0%
Single Family $338,0001.5%
Condos $219,000-0.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $234,000-0.4%
    3 Bed
    $293,0001.4%
    4 Bed
    $402,0001.8%
    5 Bed $701,1973.3%
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    % of Housing Stock

    Studio
    4.0%
    1 Bedroom
    16.0%
    2 Bedrooms
    36.0%
    3 Bedrooms
    26.1%
    4 Bedrooms
    14.0%
    5+ Bedrooms
    3.9%

    Rental Trends — North Indianapolis, Indianapolis, IN

    As of July '25, Rentcast reports the average rent in North Indianapolis, Indianapolis, IN is $1,560, with a year-over-year rent change of -10.9%. Per bedroom, the median rent as of July '25 in North Indianapolis, Indianapolis, IN is studios: $884, 1-bedrooms: $1,120, 2-bedrooms: $1,500, 3-bedrooms: $2,110, 4-bedrooms: $4,200. The most common rental property sizes in North Indianapolis, Indianapolis, IN are 2-bedroom and 1-bedroom, accounting for 52.9% and 29.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,310$1,560
    Studio Rent $875$884
    1 Bed Rent $1,020$1,120
    2 Bed Rent $1,500$1,500
    3 Bed Rent $1,900$2,110
    4 Bed Rent $1,900$4,200
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    % of Rental Stock

    Studio
    8.9%
    1 Bedroom
    29.1%
    2 Bedrooms
    52.9%
    3 Bedrooms
    6.5%
    4 Bedrooms
    2.3%
    5+ Bedrooms
    0.3%

    Property Listings — North Indianapolis, Indianapolis, IN

    As of May '26, Realtor.com reports that the median days on market for a home in North Indianapolis, Indianapolis, IN is 37. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $305,000-12.0%
    Listing Count
    88-5.0%
    Listings as % of Homes0.4%-5.0%
    Days on Market
    37-22.0%
    Loading chart...

    Demographics — North Indianapolis, Indianapolis, IN

    As of the latest ACS Survey released in 2023, North Indianapolis, Indianapolis, IN has a population of 35,100, which has increased by 5.7% over the past 5 years. North Indianapolis, Indianapolis, IN is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    35,1005.7%
    % Under 18
    25.3%-5.6%
    % Seniors
    16.7%7.7%
    % WFH
    13.1%235.9%
    % w/ College Degree
    44.9%-1.1%
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    As of the latest ACS Survey released in 2023, North Indianapolis, Indianapolis, IN is a predominantly white area, with 46.2% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in North Indianapolis, Indianapolis, IN is black, making up 38.4% of the population. Foreign-born residents account for 10.5% of the population in North Indianapolis, Indianapolis, IN, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    46.2%-7.2%
    % Black
    38.4%29.3%
    % Hispanic
    9.8%-23.4%
    % Asian
    2.7%-20.6%
    % Foreign Born
    10.5%-12.5%
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    Mortgage and Risk — North Indianapolis, Indianapolis, IN

    According to HUD data as of 2023, there were 456 mortgage originations in North Indianapolis, Indianapolis, IN, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in North Indianapolis, 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

    MetricZip Code Average
    Total Loan Originations
    456
    % Conventional Loans
    89.0%
    % Government Loans
    11.0%
    % Investor Loans
    1.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    14.0%
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    Rentals and Section 8 — North Indianapolis, Indianapolis, IN

    As of 2024, the percent of homes in North Indianapolis, Indianapolis, IN under the Section 8 program is 10.8%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in North Indianapolis, Indianapolis, IN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    793
    Total Units Section 8
    793
    % Rentals under Section 8
    10.8%
    % Occupied Section 8
    85.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$90$1,020$1,110
    2 Bedroom-$200$1,500$1,300
    3 Bedroom-$210$1,900$1,690
    4 Bedroom$160$1,900$2,060

    Affordability — North Indianapolis, Indianapolis, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$311,000
    Median Household Income$70,600

    North Indianapolis, Indianapolis, IN — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    46290

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    46032

    Frequently Asked Questions