A monthly newsletter brought to you by McNulty Real Estate Services, Inc.
VOL. 8, ISSUE 1 1/18/2024
Happy Winter, as very cold temps have gripped us here in Central Indiana!
Upon the 20th Anniversary of D-Day 60 years ago in 1964, President/General/Supreme Allied Commander Dwight Eisenhower told Walter Cronkite the following while being interviewed on Omaha Beach:
“It’s a wonderful thing to remember what those fellas twenty years ago were fighting for and sacrificing for, what they did to preserve our way of life. Not to conquer any territory, not for any ambition of our own. But to make sure that Hitler could not destroy freedom in the world. I think it is just overwhelming. To think of the lives that were given for that principle, paying a terrible price on this beach alone, on that one day, 2,000 casualties. But they did it so that the world could be free. It shows what free men will do rather than be slaves.”
Pretty amazing country we all live in!
According to recent information published by Zillow: the Circle City was ranked No. 4 of hot real estate markets in 2024. That’s right
, Indy rose 13 spots in the ranks compared to 2023.
Zillow took the top 50 most populated metro areas and looked at factors like forecasted growth of home values and jobs, home construction, climate change considerations, and the number of households with homeowners to determine where cities ranked.
Indy shares the top four spots alongside Columbus, Cincinnati, and Buffalo.
Other key findings include:
- The typical home value in Indy is $217,513.
- Home values in Indy have increased by 1.5% over the last year.
- The average rent is $1,317 for all bedrooms and property types.
- The average amount of time a home spends on the market is 14 days.
If you have real estate needs in 2024, McNulty Real Estate Services is always here to help!