2020 Housing Market Overview

Indianapolis Real Estate Market 2020

PLEASE NOTE: The information on this page was gathered before the Coronavirus impact. Things are changing on an hourly basis, and we are working to update our data and keep it current. In the meantime, please do not rely on the information on this page to be current.

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Indianapolis Real Estate Market Overview

Metro Population: 2.1 M

Median Household Income:$68,085

Unemployment Rate:3.1%

Median Home Price*:$164,400

Median Monthly Rent*:$1,172

Indianapolis Real Estate Market Trends & Statistics 2020
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Interested in investing in the Indianapolis real estate market in 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Indianapolis

With a metro area of nearly two million people, Indianapolis is the 2nd largest city in the Midwest and 14th largest in the U.S. The city has poured billions of dollars into revitalization and now ranks among the best downtowns and most livable cities, according to Forbes.

A city of over 2 million residents, Indy has long been known as a hub for manufacturing for air-conditioners, cars and car parts, and more. However, like most U.S. cities, Indy’s manufacturing industry has diminished greatly. But, they haven’t given up. In fact, they’ve done just the opposite. In the last decade, the city has steadily and quietly become a national center for new technology.

Today, Indianapolis is home to over 150 tech companies, including Salesforce, Angie’s List, MOBI, and an organization called TechPoint whose mission is to promote and accelerate the growth of Indiana’s tech community.

Some of the factors that make Indy attractive for tech companies include the low cost of living, limited government regulation, and a steady stream of qualified applicants from several local (and prestigious) universities. In fact, Indy offers tech workers a much more affordable life compared to the East and West coasts. For example, a tech worker earning $100,000 a year in Indianapolis would need to make $272,891 to have the same standard of living in San Francisco [bestplaces.net].

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Major Employers in Indianapolis

Indianapolis Housing Market News

  • "#3 Best City for First Time Home Buyers" - Business Insider
  • "#6 Top Market to Own Rental Homes" - TheStreet
  • "Ranked #7 City to Buy Home for Best Rental Return" - CNBC
  • "Ranked #24 in Lowest Cost of Living" - Business Insider

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.

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