The median sale price of a home in Herron-Morton Place was $485K last month, up 12.0% since last year. The median sale price per square foot in Herron-Morton Place is $182, down 12.9% since last year.
What is the housing market like in Herron-Morton Place today?
In April 2025, Herron-Morton Place home prices were up 12.0% compared to last year, selling for a median price of $485K. On average, homes in Herron-Morton Place sell after 54 days on the market compared to 136 days last year. There were 15 homes sold in April this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,000
+12.0% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Herron-Morton Place, IN
$485,000
+12.0%
United States
To compare other locations to the Herron-Morton Place 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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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
-0.24 pt YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Herron-Morton Place, IN
98.1%
-0.24 pt
United States
View houses in Herron-Morton Place that sold recently
Learn about schools in the Herron-Morton Place 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 Herron-Morton Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Herron-Morton Place.
Flood Factor - Moderate
43% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Herron-Morton Place has a moderate risk of flooding. 152 properties in Herron-Morton Place are likely to be
severely affected
by flooding over the next 30 years. This represents 43% of all properties in Herron-Morton Place. 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
Herron-Morton Place has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Herron-Morton Place is most at risk from hurricanes. 756 properties in Herron-Morton Place 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 45 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 50 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Herron-Morton Place has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Herron-Morton Place have a Moderate Heat Factor®.
Herron-Morton Place is expected to see a 185% increase in the number of days over 101ºF over the next 30 years. Herron-Morton Place is expected to experience 8