Why Live in Southdale
Southdale, one of Indianapolis’ oldest settlements, has evolved significantly, particularly over the past decade. The neighborhood, located 6 miles from downtown Indianapolis, features mid-century ranch homes, split-levels, and two-story houses built around 2000. Southdale has seen an influx of immigrants from Burma’s Chin ethnic group since 2012, adding to its cultural diversity. The area is primarily residential, with a variety of dining options reflecting its multicultural makeup, including Vum Family Grocery, Zing Asian Grocery, El Jalapeno Mexican, 5-Star Indian Cuisine, and Thai Recipes Restaurant. The Corner Bar offers a quintessential Hoosier experience with outdoor seating and live music. Perry Park, 3 miles south, is a top recreational spot with an NHL regulation-sized hockey rink, seasonal outdoor pool, and new playground and picnic shelter under construction. The neighborhood is served by highly rated schools, including Henry Burkhart Elementary, Perry Meridian Middle, and Perry Meridian High. Southdale is accessible via Meridian Street and Interstate 465, providing convenient commutes to downtown, the Amazon Distribution Center in Greenwood, and Indianapolis International Airport. The neighborhood has a single bus route along U.S. Route 31. Faith plays a significant role in the community, with several churches, including those serving the Chin residents. While Southdale is safer than the national average, potential homebuyers should be aware of flood risks near creeks and traffic noise near I-465 and U.S. 31.
Home Trends in Southdale, IN
On average, homes in Southdale, Indianapolis sell after 69 days on the market compared to the national average of 69 days. The median sale price for homes in Southdale, Indianapolis over the last 12 months is $465,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$465,000
Median Single Family Sale Price
$459,390
Median Townhouse Sale Price
$1,049,000
Median 2 Bedroom Sale Price
$269,000
Average Price Per Sq Ft
$342
Number of Homes for Sale
6
Last 12 months Home Sales
47
Median List Price
$465,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%