Indianapolis home prices (US$/m²): returns since 2012
Indianapolis home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Indianapolis real estate kept up.
Indianapolis ranks among the more affordable large U.S. metros, the capital of Indiana and a Midwestern hub for logistics, manufacturing, insurance and pharmaceuticals. Its central location and crossroads of interstates made it a distribution center long before the recent warehouse boom. Housing here has historically been inexpensive relative to coastal cities, with a comparatively shallow 2008 downturn and steady, jobs-anchored demand since. It is a market defined by affordability and stability rather than dramatic cycles. The series below measures the price of the property itself, separate from rent, leverage or carrying costs.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | 1% |
| 5 years | 25% |
| 10 years | 106% |
Largest historical drop: -16% · annual volatility: 13% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.