Housing
If you are planning to relocate to Indianapolis, you're not alone. The city is the second-fastest-growing metro area in the Midwest. Over 1200 new housing units have been added within the last year in the downtown area alone, bringing the number of downtown dwelling units to over 8000. These new homes include new high-rise construction, restored warehouse and Art Deco spaces, and loft apartments. Most of these living spaces are unique, with such features as high, tin ceilings, exposed brick walls, and penthouse patios.
The Broad Ripple neighborhood, just north of downtown, attracts young professional residents. Restored Victorian houses and condos here are somewhat less expensive than the city center. New housing developments are expanding in suburbs, such as Fishers, and neighborhoods, such as Keystone Crossing. Housing costs in Indianapolis are below the national average, with the mean selling price of a single-family house around $134,000.