The Broad Ripple Village housing market is very competitive. The median sale price of a home in Broad Ripple Village was $300K last month, down 2.9% since last year. The median sale price per square foot in Broad Ripple Village is $167, up 0.9% since last year.
What is the housing market like in Broad Ripple Village today?
In March 2024, Broad Ripple Village home prices were down 2.9% compared to last year, selling for a median price of $300K. On average, homes in Broad Ripple Village sell after 41 days on the market compared to 54 days last year. There were 27 homes sold in March this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,900
-2.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Broad Ripple Village, IN
$299,900
-2.9%
United States
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How hot is the Broad Ripple Village housing market?
Broad Ripple Village is very competitive. Homes sell in 5 days.
0
100
80
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 about 1% below list price and go pending in around 5 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 days.
Learn about schools in the Broad Ripple Village area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Broad Ripple Village.
Risk Factor
Flood Factor - Major
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Broad Ripple Village has a major risk of flooding. 515 properties in Broad Ripple Village are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in Broad Ripple Village. 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 Village has a minor risk of wildfire. There are 8 properties in Broad Ripple Village that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Broad Ripple Village.
Broad Ripple Village has minimal risk of severe winds over the next 30 years
Wind Factor
Broad Ripple Village has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Broad Ripple Village has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Broad Ripple Village have a Moderate Heat Factor®.
Broad Ripple Village is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. Broad Ripple Village is expected to experience 8