Median sale price
$304,000Redfin neighborhood: Broad Ripple
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North Side - Indianapolis
Broad Ripple, Indianapolis real estate guide
Broad Ripple, Indianapolis real estate guide with median sale price $304,000, $177/sqft, 37 days on market, home styles, schools, amenities, and FAQs.
Housing market stats
Median price and housing data for Broad Ripple
Latest Redfin month: January 2026 / Redfin Data Center / Redfin neighborhood: Broad Ripple / Data pulled May 22, 2026
Latest month includes 31 reported sales for Broad Ripple.
Median price / sqft
$177/sqftRedfin neighborhood: Broad Ripple
Median days on market
37Typical market speed
Price change
-5%Year over year
12-month median price trend
Latest January 2026: $304,000Neighborhood overview
What to know about Broad Ripple
Broad Ripple wraps around the village commercial core where College Avenue, Broad Ripple Avenue, and the Monon Trail come together. It is one of the few Indianapolis neighborhoods where most residents can reach restaurants, coffee, groceries, and the trail without driving. That walkability is the single biggest reason people pay to live here.
Housing stock is a mix: bungalows and cottages on the residential streets, mid-century homes near Broad Ripple Park, and condos and apartments closer to the village. A growing supply of newer infill builds sits on tear-down lots near the commercial core.
The latest Redfin data (January 2026) shows a median sale price around $304,000, down about 5% year over year, with homes selling at roughly 99% of list and a 37-day median days on market. The 99% sale-to-list ratio tells you well-priced homes still get respected.
It tends to fit buyers who want true walkability, sellers of updated character homes near the village, and condo owners trading in or out of small spaces. Tradeoffs are honest: noise on weekend nights near Broad Ripple Avenue, parking pressure, and floodplain considerations near the White River that the right inspector will flag.
Investors look at Broad Ripple for short-term-rental potential (where rules allow), small multifamily, and condo buys with strong location pricing. Underwrite the specific block, ordinance constraints, and the carrying cost on properties that flip between rental and sale.
Recent articles
9 articles on Broad Ripple
Broad Ripple FAQ
Broad Ripple questions, straight answers.
Quick answers about buying, selling, and investing in Broad Ripple. Still deciding? Book a consultation and ask a Roots agent directly.
Book a Consultation →What is the median sale price in Broad Ripple?
The current median sale price shown for Broad Ripple, Indianapolis is $304,000. This figure comes from Redfin Data Center (Redfin neighborhood: Broad Ripple). Use it as a neighborhood-level reference point rather than a valuation for a specific home.
What is the median price per square foot in Broad Ripple?
The current median price per square foot shown for Broad Ripple, Indianapolis is $177/sqft. Price per square foot can swing by condition, layout, lot, updates, parking, and exact block.
How long do homes stay on the market in Broad Ripple?
The median days on market is about 37 days. Well-located updated homes near the village or the Monon often go faster. Condos and properties priced ahead of recent comps can sit longer.
What types of homes are common in Broad Ripple?
Broad Ripple has a mix of bungalows, cottages, and mid-century single-family homes on the residential streets, plus condos and apartments near the village core. Newer infill construction shows up on tear-down lots near commercial corridors.
Is Broad Ripple a good place to buy a home?
Broad Ripple is a strong fit for buyers who value true walkability and access to restaurants, the Monon Trail, and the White River. Tradeoffs include weekend noise near Broad Ripple Avenue and tight parking in some blocks. The specific street and condition matter more than the neighborhood average.
Is Broad Ripple good for real estate investors?
Investor activity in Broad Ripple includes small multifamily, condos with strong location pricing, and short-term rentals where local rules allow. Verify the city's STR ordinance, HOA rules where applicable, and the rental comp set for the specific block before underwriting.
What should sellers know about pricing in Broad Ripple?
The 99% sale-to-list ratio tells you the right list price gets paid. Mispricing in either direction shows up quickly. Updated homes near the village or the Monon command premium attention. Condos and homes that need work need a sharper price.
What schools serve Broad Ripple?
IPS covers most of Broad Ripple, with several charter and private options nearby. School assignment varies by exact address. Verify with IPS or the relevant district before writing an offer.
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