Market East
While upgrades are made, shops and restaurants are nearby
The City Market East and West Plaza Redevelopment project will revamp the block where the market is located, adding an 11-story tower, 400 housing units and upgrading public spaces. City Market is scheduled to reopen in 2026. Coffee shops, restaurants and bars are accessible within walking distance. Tinker Coffee jump-starts the day with unique drinks like an espresso lemonade. Organic groceries are always close by at the centrally-located Whole Foods. At Commissary Barber and Barista, locals enjoy a fresh-brewed coffee, a handcrafted cocktail at the Blind Tiger bar and a trim and a shave in the barber chair. The Rathskeller, located less than a mile north, has German bites like schnitzel and live music Wednesday through Saturday.Locals live in luxury condos and townhouses
Market East is mainly known for its apartment living. However, homebuyers looking for property in the city have several options, mainly in the northern section of the neighborhood. Luxury condominiums and townhouses began popping up here in the 2000s. Firehouse Square is the neighborhood's primary townhouse development. Its stately buildings are made of brick with decorative window features and centered around a private park. Townhouses range from 760 square feet to 2,700 square feet, costing about $410,000 to $525,000. The Packard is a gated condo development built around a central courtyard. The Hudson has penthouse units with rooftop gardens and skyline views. Condos in Market East range from about 1,000 square feet to 3,000 square feet. They may cost $238,000 to $1.1 million.Restful spots between high-rises
Green spaces are woven between high-rises. Several parks and plazas offer seating areas for a quick escape during the lunch hour. Benches provide a restful spot along the walkways at Presidential Place Park. An American Elm Tree stands tall over this park, a gift from former President George H.W. Bush. The Hot Room Indianapolis is a good space for a challenging hot yoga workout.Game day fun near Market East
Market East residents get involved in local events, from farmers' markets to professional sports. The Original Farmers' Market keeps the Indianapolis tradition of farm-to-city produce alive. Vendors sell seasonal fruits and vegetables, meats and cheese, baked goods and more. The Farmers' Market takes place from May through October at Monument Circle. Whether it's the Indianapolis Colts or the Indiana Pacers, game day is a big deal in Indianapolis. Market East is about a mile from Lucas Oil Stadium and Gainbridge Fieldhouse. "The energy is very high for both teams," Higareda says. "The tailgating scene for the Colts is very active on Sundays."Walking is a breeze in downtown Indy
Downtown living comes with easy walking, running and biking. The Indianapolis Cultural Trail is a wide pedestrian pathway connecting Market East to landmarks throughout downtown Indianapolis. It runs through the neighborhood along Alabama Street and East Washington Street. Bikeshare stations are also planted along the trail. Market East is the city hub for public transportation. IndyGo buses arrive and depart from the Julia Carson Transit Center.Market East students gain a worldly perspective
Market East is close to an entire pipeline of Indianapolis public schools. The school district gets a C from Niche. Younger students may spend the day at Center for Inquiry School 2, earning a B-minus from Niche. It serves kindergarten through eighth-grade students. As an International Baccalaureate World School, it addresses global issues through community service, language instruction and other methods. Teens may attend Arsenal Technical High School, which receives a C. There, students can earn early college credits from Ivy Tech Community College.High overall crime score in Market East
Market East's CAP Index crime score is 10 out of 10, compared to the national average of 4 out of 10. It receives a score of nine for sexual assault and robbery and a 10 for burglary, motor vehicle theft and larceny. In 2023, the city invested $3.5 million to reduce crime in Mile Square, including Market East. The plan will include additional security cameras at 23 businesses, two new mobile security cameras and increased police patrols.
Written By
Liz Coughlin
Photography Contributed By
Jace Hirosky
Video By
Lucas Dyke
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Agents Specializing in this Area
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Shelley Hansell
Shelley Hansell
Keller Williams Indy Metro NE
(463) 209-6936
133 Total Sales
1 in Market East
$1,680,000 Price
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Leyton Wellbaum
Leyton Wellbaum
Highgarden Real Estate
(877) 621-5856
217 Total Sales
1 in Market East
$535,000 Price
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Jeffrey Franklin
Jeffrey Franklin
FC Tucker/Bloomington REALTORS
(930) 322-1595
339 Total Sales
1 in Market East
$292,000 Price
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Timothy O'Connor
Timothy O'Connor
Berkshire Hathaway HomeServices Indiana Realty
(463) 205-0597
476 Total Sales
1 in Market East
$312,500 Price
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Chuck Pennington
Chuck Pennington
Victor & Valor Property Group
(833) 479-1759
138 Total Sales
4 in Market East
$299K - $875K Price Range
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Lori Redman
Lori Redman
Sold It Realty Group
(844) 217-2544
140 Total Sales
1 in Market East
$493,426 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- Pre-K to 6th
- Public
- K to 8th
- Public
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Parks in this Area
Highland Park Playground
Colts Canal Playspace
- Playground
- Multi-Purpose Field
- Walking Paths
University Park
Highland Park
Hot Shot Tot Lot
Edna Balz Lacy Park
Indianapolis Cultural Trail
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Market East | US |
|---|---|---|
| Homicide | 5 | 4 |
| Sexual Assault | 9 | 4 |
| Assault with Weapon | 7 | 4 |
| Robbery | 10 | 4 |
| Burglary | 10 | 4 |
| Motor Vehicle Theft | 10 | 4 |
| Larceny | 10 | 4 |
| Crime Score | 10 | 4 |
Source: WhatIsMyCrimeRisk.com
Market East Demographics and Home Trends
On average, homes in Market East, Indianapolis sell after 163 days on the market compared to the national average of 70 days. The median sale price for homes in Market East, Indianapolis over the last 12 months is $548,965.
Housing Trends
Median List Price
$689,999
Median Sale Price
$548,965
Median Single Family Sale Price
$689,999
Median Change From 1st List Price
2%
Last 12 months Home Sales
9
Average Price Per Sq Ft
$207
Neighborhood Facts
Number of Homes in Neighborhood
239
Number of Homes for Sale
2
Median Year Built
2003
Months of Supply
2.70
Average Single Family Home Size Sq Ft
2,319
Above the national average
1,924
Average Townhouse Size Sq Ft
1,453
Average 2 Bedroom Size Sq Ft
1,733
Average 1 Bedroom Size Sq Ft
969
Median Lot Size Sq Ft
2,178
Distribution of Home Values
Homes for Sale
Homes for Rent
-
$1,000 - $5,986 per month
- Artistry Indy
- Studio-3 Beds
- 1-2 Baths
- 324+ Sq Ft
- 451-475 E Market St
- Indianapolis, IN
-
-
$1,770 - $5,075 per month
- 360 Market Square
- Studio-3 Beds
- 1-2 Baths
- 577+ Sq Ft
- 360 E Market St
- Indianapolis, IN
Condo Buildings
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,819
Median Age
34
Population Density
17 ppl/acre
Population under 18
13.4%
Below the national average
23.8%
Population over 65
8.9%
Below the national average
19.1%
Finances
Median Household Income
$87,303
Above the national average
$71,702
Average Household Income
$106,002
Education and Workforce
High School Graduates
98.1%
College Graduates
79.3%
Significantly above the national average
34.1%
Advanced Degrees
34.5%
Above the national average
13.3%
% Population in Labor Force
57.4%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Biker's Paradise
Bike Score®
97
/ 100
Walker's Paradise
Walk Score®
93
/ 100
Good Transit
Transit Score®
66
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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Reviews
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