Indianapolis Real Estate Market

Posted by:
Dennis Nottingham
February 14, 2014
3 minutes, 15 seconds
Copied
Share
Copied

Booming Indianapolis

Real Estate market Indianapolis is the capitol of Indiana. According to the statistics, our city has slightly less than 800,000 residents. If we are looking from larger perspective, this city is ranked 13th on the list of largest cities in the States. City is known for many racing happenings and many lovers from around the country and even around the world love visiting this city and attending sports events.

Modest and steady growth

Counties such as Hamilton and Johnson have experienced modest and steady growth of real estate investments during the last decade. If we take a look at the current real estate market growth, we can freely say that Hamilton itself stands for the fastest growing county in the State of Indiana and even the whole Midwest. State of Indiana itself shows modest overall growth.

Indianapolis goes public

City of Indianapolis has been listed by many media means in the past. CNN Money greatly presented city of Indianapolis as the city with a great future with a local economy that grows faster than national average. Furthermore, Forbes Magazine spoke about this city in a very bright light, by placing him on the top 10 list of the best cities to purchase a Indianapolis home in the United States.

Factors that contributed to growth of Indianapolis

Well noticeable business investments resulted in lower unemployment rate and more overall stability in local economy. Great schools are just another factor that families consider when they decide to move to Indianapolis, since this city has well known schooling system in the place. Plenty of park and recreational facilities are available to residents in this affordable, but on the other hand still affordable housing market. Beautiful suburbs of Indianapolis Carmel is not just a candy, but also a nice Indianapolis suburb in Hamilton County with population about 80,000 residents and it is growing rapidly. School system has to offer 11 elementary schools and in addition to that 3 middle schools. This community built also a high school for its’ residents. Greenwood is just another great suburb that has a lot to offer. With population slightly lesser than Carmel, this beautiful place has 14 municipal parks with many playgrounds for kids and picnic areas as well as numerous tennis courts. This suburb is also known as the one of the key economic powerful players in the State of Indiana.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

When thinking of the Hoosier state, many think of Indiana's robust auto industry, corn fields, or Colts. However, real estate investment in Indiana has become popular. This Indiana real estate market guide will show investors why this attractive Midwestern state must be part of their investing plans. Brief Background Of Indiana The Circle City, or […]
January 30, 2023
The process of getting pre-approval for your home loan is a vital stage in the process of purchasing a property.  It estimates how much money you could borrow if you apply for a mortgage and gives you more confidence when it comes time to place a bid on the house of your dreams. We will […]
January 23, 2023
New year, new outdoor look! If you have an outdoor space in your home, you have the opportunity to turn it into an oasis! Whether it’s a large backyard or a tiny patio, your backyard can be a good spot to invite family and friends as the warm weather arrives. Here are some tips on […]
January 04, 2023
© 2022 Copyright RE/MAX Advanced Realty. All Rights Reserved.