The Broad Ripple housing market is somewhat competitive. The median sale price of a home in Broad Ripple was $315K last month, down 0.63% since last year. The median sale price per square foot in Broad Ripple is $146, down 0.34% since last year.
What is the housing market like in Broad Ripple today?
In March 2024, Broad Ripple home prices were down 0.63% compared to last year, selling for a median price of $315K. On average, homes in Broad Ripple sell after 41 days on the market compared to 57 days last year. There were 33 homes sold in March this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$314,500
-0.63% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Broad Ripple, IN
$314,500
-0.63%
United States
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How hot is the Broad Ripple housing market?
Broad Ripple is somewhat competitive. Homes sell in 14 days.
0
100
60
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 14 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
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 Broad Ripple housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Broad Ripple.
Risk Factor
Flood Factor - Major
59% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Broad Ripple has a major risk of flooding. 694 properties in Broad Ripple are likely to be
severely affected
by flooding over the next 30 years. This represents 59% of all properties in Broad Ripple. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Broad Ripple has a minor risk of wildfire. There are 8 properties in Broad Ripple that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Broad Ripple.
Broad Ripple has minimal risk of severe winds over the next 30 years
Wind Factor
Broad Ripple has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.