Indianapolis Real Estate Investment Market Trends

Turnkey property in Indianapolis is poised for a stable and consistent growth in 2013 and beyond. The Indy housing market has hit bottom, and increasing activity in home sales and construction should boost to the local economy.

Job growth will come from the construction, health care industries, and a potential $100 million renovation of the Indy 500 track under review. The unemployment rate should remain at or slightly below 7 percent and incomes are projected to increase by about 2 percent. Other positive investment factors:

  • Foreclosure rates are not leading to increase supply of housing.
  • Unemployment decreased from 8.4% in 2011 to 7.1% in 2012, well below the national average.
  • Positive economic outlook and business environment will lead to new household formation and increase demand for new housing (potential equity growth) and new rental units (rental demand).

Why Buy Turnkey Property in Indianapolis?

          • Strong cash flow with cap rates 10-15%+
          • Ranked #1 most stable real estate market in the U.S based on values declining only 7% during the recession. 
          • Ranked #1 according to Inman News as The Best Market for Real Estate.
          • Ranked in top 3 markets for single family rental property.
          • Indianapolis had 15% population growth in the past 10 years.
          • Rental rates increased and average of 11%.
          • CNBC recognizes Indianapolis as 5th best “business friendly” city in nation.
          • Ranked in Top 5 “Best” business environments by Chief Executive magazine.

Real Estate Market Chart by Altos Research