Why Live in International Marketplace
International Marketplace in Indianapolis is a culturally diverse neighborhood located about 8 miles northwest of Downtown Indianapolis, near the junction of interstates 65 and 465. The area is known for its affordable housing, with median home prices significantly lower than the Indianapolis average. Housing options include ranch-style homes, split-levels, Colonial Revivals, and condos. The neighborhood's heart is along Lafayette Road, featuring a variety of retailers, while residential areas are nestled in subdivisions with winding streets. The OrthoIndy Foundation YMCA and the relocated Indianapolis Public Library Eagle Branch are notable community assets. Nearby Eagle Creek Park, one of the largest city parks in the nation, offers a marina, beach, hiking trails, and playgrounds. Other local attractions include Skateland and the Alamo Drafthouse Cinema Indianapolis. International Marketplace is a global melting pot with over 100 languages spoken and more than 120 international restaurants and 40 grocery stores. The recently opened Indy’s Global Village museum and welcome center celebrates the neighborhood's cultural diversity and hosts the annual Taste the Difference Festival. The area is car-dependent but served by the IndyGo 38 bus. Schools in the neighborhood fall under the Metropolitan School District of Pike Township, with Pike High School being highly rated. The neighborhood is also close to the Indianapolis Motor Speedway, just 5 miles away, and has convenient access to Indianapolis International Airport, 13 miles south.
Home Trends in International Marketplace, IN
On average, homes in International Marketplace, Indianapolis sell after 38 days on the market compared to the national average of 51 days. The median sale price for homes in International Marketplace, Indianapolis over the last 12 months is $200,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$200,000
Median Single Family Sale Price
$210,000
Median 2 Bedroom Sale Price
$198,500
Average Price Per Sq Ft
$138
Number of Homes for Sale
10
Last 12 months Home Sales
72
Median List Price
$213,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%