The South Broad Ripple housing market is very competitive. The median sale price of a home in South Broad Ripple was $440K last month, up 20.6% since last year. The median sale price per square foot in South Broad Ripple is $174, down 10.1% since last year.
What is the housing market like in South Broad Ripple today?
In May 2025, South Broad Ripple home prices were up 20.6% compared to last year, selling for a median price of $440K. On average, homes in South Broad Ripple sell after 7 days on the market compared to 8 days last year. There were 108 homes sold in May this year, down from 119 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,250
+20.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
South Broad Ripple, IN
$440,250
+20.6%
United States
To compare other locations to the South Broad Ripple and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Indianapolis add value to a home.
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How hot is the South Broad Ripple housing market?
South Broad Ripple is very competitive. Homes sell in 7 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 7 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.
Learn about schools in the South Broad Ripple area
Elementary
Middle
High
GreatSchools Rating
8/10
Center for Inquiry School 84
Public • K-8
469
Students
7 reviews
5/10
Center for Inquiry School 70
Public • K-8
471
Students
3 reviews
5/10
Rousseau McClellan School 91
Public • PreK-8
542
Students
12 reviews
2/10
Eliza A. Blaker School 55
Public • PreK-8
444
Students
5 reviews
NR
Indiana School For The Deaf
Public • PreK-12
298
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Broad Ripple housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Broad Ripple.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Broad Ripple has a minor risk of flooding. 643 properties in South Broad Ripple are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in South Broad Ripple. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
South Broad Ripple has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Broad Ripple is most at risk from hurricanes. 7,352 properties in South Broad Ripple have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 52 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
South Broad Ripple has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in South Broad Ripple have a Moderate Heat Factor®.
South Broad Ripple is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. South Broad Ripple is expected to experience 8