Why Live in Ravenswood
Ravenswood, a quaint waterside neighborhood in Indianapolis, is situated 10 miles north of downtown and bordered by the White River. Originally a riverside resort in the early 1900s, it has evolved into a year-round residential area. The neighborhood features modest single-level cottages and classic bungalows, many built in the 1940s and 1950s, with some homes over a century old. Mature trees provide ample shade, and while there are no sidewalks, the quiet streets are conducive to leisurely strolls. Home prices range from under $100,000 to between $200,000 and $300,000. Flooding has historically been an issue, but residents are working on long-term solutions. Ravenswood is safer than the national average, making it a practical choice for many.
The area is well-served by shopping centers, with Glendale Town Center 2 miles south and The Fashion Mall at Keystone 3 miles north. Nearby Broad Ripple offers a vibrant scene for culture, nightlife, and dining, including popular spots like Capri Italian Restaurant and Luciana’s Mexican restaurant. For everyday needs, there are fast-food options and grocery stores like Kroger and Walmart.
Educationally, the neighborhood is served by Clearwater Elementary School and North Central High School, both highly rated. Recreational opportunities abound with public and private docks, beaches, and boat launches along the river, as well as Ravenswood Overlook Park and the nearly 12-acre Riverwood Park. Social clubs like the White River Yacht Club and Northside Events Center offer community activities. Ravenswood’s location in Washington Township provides easy access to Keystone Avenue, Interstate 465, and several bus stops, facilitating convenient travel throughout Indianapolis.
Frequently Asked Questions
Is Ravenswood a good place to live?
Ravenswood is a good place to live, receiving 5.0 stars from its residents. Ravenswood is considered car-dependent and somewhat bikeable with some transit options. Ravenswood is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Ravenswood has 6 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 38. The average household income is $94,013 which is below the national average. College graduates make up 32.2% of residents. A majority of residents in Ravenswood are home owners, with 30.4% of residents renting and 69.6% of residents owning their home. A
local real estate agent serving Ravenswood can help you decide if this neighborhood is the right one for you. Learn more on our
Ravenswood neighborhood guide.
Is Ravenswood, IN a safe neighborhood?
Ravenswood, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Ravenswood?
The median home price in Ravenswood is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $128K a year to afford the median home price in Ravenswood. The average household income in Ravenswood is $94K.
What are the best public schools in Ravenswood?
The best public schools that serve Ravenswood are:
What are the best private schools in Ravenswood?
The best private schools that serve Ravenswood are:
- Park Tudor has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.2.
- Colonial Christian School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.
- Bishop Chatard High School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.2.
What are the most popular zip codes in Ravenswood, Indianapolis, IN?
What are the most popular neighborhoods near Ravenswood, Indianapolis, IN?
Home Trends in Ravenswood, IN
On average, homes in Ravenswood, Indianapolis sell after 97 days on the market compared to the national average of 70 days. The median sale price for homes in Ravenswood, Indianapolis over the last 12 months is $575,000, up 48% from the median home sale price over the previous 12 months.
Median Sale Price
$575,000
Median Single Family Sale Price
$420,000
Median 1 Bedroom Sale Price
$222,500
Average Price Per Sq Ft
$257
Number of Homes for Sale
4
Last 12 months Home Sales
49
Median List Price
$575,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
48%