Indianapolis Property Management Update: Rental Statistics Q3 2023
Days on Market continues to be the big elephant in the room. For three consecutive quarters, Indianapolis has seen DOM at or above 50 days. That’s painful. But there is a smidge of good news: After hitting a record high 55 DOM, Indy posted 50 DOM in Quarter 3. Not great progress, but some progress […]
Indianapolis Property Management Update: Rental Statistics Q2, 2023
As anticipated, Quarter 2 has continued the trend of rising rental prices and an increase in the number of homes rented. Rental costs throughout Q2 had an average increase from the previous quarter of $1,887 to $1,947. However, noticeable increases in cities such as Fishers, Westfield, and Anderson show increases well over $100 from the […]
Indianapolis Property Management Update: Rental Statistics Q2, 2022
The Central Indiana rental market continued down a familiar path during this year’s second quarter. Once again, Indianapolis set a record for rents in Quarter 2, as it punched a weighty $1,362 average rent, according to numbers generated from our local MLS system. That’s up from $1,358 in Quarter 1 and significantly higher than the […]
Indianapolis Property Management Update: Rental Statistics Q2, 2018
Updated, fresh from the oven, Indianapolis rental statistics are in for Second Quarter, 2018. Mostly, things were steady, but a couple of interesting numbers appeared that are worth some discussion.
