Why Live in North Meridian
North Meridian in downtown Indianapolis is known for its historic early 20th-century buildings, many of which have been converted into condos, such as the Meridian Arch with its distinctive Gothic/Greek Revival architecture. Home prices in the area range from $189,000 to $775,000, with a median listing price of $369,500. The neighborhood is served by Washington Irving School 14 and Herron High, which has a high rating and offers a liberal arts education. Residents have access to several parks, including University Park, featuring the Depew Fountain and statues of historical figures, and the American Legion Mall, which hosts Memorial Day ceremonies and the Indiana Black Expo's Summer Celebration. Dining options are plentiful, with The Flatiron on Penn offering vintage American cuisine, The Eagle known for its southern dishes, and 16-Bit Bar + Arcade providing a nostalgic gaming experience. For groceries, residents can visit the nearby Kroger on West Michigan Street. The eight-mile Indianapolis Cultural Trail allows for easy biking or walking throughout the downtown area.
Home Trends in North Meridian, IN
On average, homes in North Meridian, Indianapolis sell after 129 days on the market compared to the national average of 52 days. The median sale price for homes in North Meridian, Indianapolis over the last 12 months is $325,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$325,000
Median Townhouse Sale Price
$264,750
Median 2 Bedroom Sale Price
$360,000
Median 1 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$270
Number of Homes for Sale
11
Last 12 months Home Sales
15
Median List Price
$397,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
4%