Flackville / Marian U median real estate price is $115,397, which is more expensive than 58.2% of the neighborhoods in Indiana and 30.1% of the neighborhoods in the U.S.
The average rental price in Flackville / Marian U is currently $641, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.3% of the neighborhoods in Indiana.
Flackville / Marian U is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Flackville / Marian U real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Flackville / Marian U neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Flackville / Marian U has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.