T&H Realty Services Blog

Northwest of Indianapolis in Hendricks County lies Brownsburg. This suburb was first settled by James B. Brown in 1842 and was also home to the Delaware Indians. 

Brownsburg is the 38th largest town in the state with an estimated population of 26,397 and it has been ranked in the top 40 best small towns in America according to CNN's Money Magazine. 

The median household income is $68,986 with a majority of jobs being in the office administration, and sales related fields. There are also a relatively high number of specialized workers in Healthcare and Architecture and engineering according to Data USA. 

MLS data reports show that the average home sale price for the last year was $253,934 and the average rental amount was $1,534.

Fishers is a suburb just northeast of Indianapolis in Hamilton County. 

Originally settled by William Conner in 1802, Fishers only just transitioned from a town to a city in 2015 and has experienced rapid population growth decade to decade. 

In 2017, Fishers was named Money Magazines #1 place to live in the United States. 

As of 2017, the population was estimated to be around 91,832. 

According to City Data, the median household income as of 2017 was $113,560 with a median age of 35.3 and females making up a slight majority (52.1%) of the population. 

According to MLS data, the median home value for the last year was $276,313 and the median rent rate was $1,565.

Located in the southeastern portion of Hendricks County, Plainfield, Indiana sits, home to around 34,386 people.

Originally settled by Quakers, the city got it's name due to the "plain" nature of the people. 

The local economy runs off of warehouse type industries with Plainfield supplying approximately 50% of ALL warehouse jobs in Central Indiana. 

With it's close proximity to the Indianapolis International Airport, the hotel industry is also very popular.

The median age is 37.7 years old with a median household income of $62,121.

The majority of residents (69%) own their homes as opposed to renting. 

The median property value is $155,100 and the median rental amount is $990.

Niche has given Plainfield the following rankings:

• #8 of 115 for suburbs with the best public schools
• #16 of 115 for best suburbs for young professionals

Carmel, Indiana is a northern suburb of Indianapolis located in Hamilton County with an estimated population of 98,332.

And, before we go any further, Carmel rhymes with Marvel. Natives get pretty touchy about incorrect pronunciations. 

Carmel has some pretty big claims to fame, being named one of the best places to live in the United States for multiple years, by multiple publications. 

It's known in some circles as the "Beverly Hills of the Midwest."

Having rented homes over many, many years, you could say we have a pretty good handle on the Indianapolis rental market. 

It’s our business to understand it, to track it and to plan for it.

And we do.  

If you own or plan to own rental real estate in Indianapolis, it’s critical that you, too, understand one inherent truth about the Indianapolis rental market: Seasonality.

Seasonal meaning there are times of the year when it’s really, really good to rent your home and other times where it can be difficult to rent your home.

We understand that our market isn’t necessarily unique - many, if not most, markets throughout the United States experience the same thing - but it’s important to understand this important reality.  

So, we thought we would spend some time discussing seasonality in the Indianapolis rental market.

Noblesville is a city just north of Indianapolis in Hamilton County and interestingly enough, it was the home to the area's first log cabin dwelling in 1802. 

William Conner and Josiah Polk laid out what is now Downtown Noblesville in 1823, which was designated as the Hamilton County seat in 1824, and incorporated in 1851.

The land was originally purchased from Native Americans.