Why Live in Broad Ripple
Broad Ripple in Indianapolis is a vibrant neighborhood known for its diverse housing market and eclectic community. Home styles range from ranch-style houses and Cape Cod homes to upscale Craftsman Bungalows and Tudor Revivals. The median home price is $342,500. Broad Ripple Park is a local favorite, featuring a playground, sports fields, and a swimming pool, while the Monon Trail offers scenic routes for walking, running, and biking. The neighborhood's main thoroughfare, Broad Ripple Avenue, boasts a variety of locally owned boutiques, specialty shops, and eateries, including 317 BBQ and Cholita Taqueria. For dessert, BRICS ice cream shop offers a wide selection of flavors. Grocery shopping is convenient with stores like Kroger and Fresh Thyme, and the Broad Ripple Farmers Market provides fresh, local produce year-round. Glendale Town Center, nearby, features major retailers like Target and Lowe's. Community events such as the Broad Ripple Duck Race + 5K and the Broad Ripple Lights Up Festival bring residents together, while the Broad Ripple Art Walk showcases local art. The Indianapolis Art Center and the Vogue Theatre add to the neighborhood's cultural scene. Broad Ripple is well-connected with access to major transportation routes and the IndyGo Red Line bus service. The neighborhood is walkable and bike-friendly. For education, parents can send their children to the highly rated Bishop Chatard High School. Broad Ripple has a crime score comparable to the national average.
Home Trends in Broad Ripple, IN
On average, homes in Broad Ripple, Indianapolis sell after 27 days on the market compared to the national average of 51 days. The median sale price for homes in Broad Ripple, Indianapolis over the last 12 months is $340,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$340,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$299,500
Median 2 Bedroom Sale Price
$317,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
23
Last 12 months Home Sales
183
Median List Price
$350,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%