Commercial Real Estate Market in Homecroft, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Homecroft, IN spans 16.7 square miles in Marion County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Homecroft, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Homecroft, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Homecroft, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Homecroft, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 99.4%
- Commercial 0.6%
Largest Zones share of zoned land by district
Homecroft, IN zones 145 acres across 2 districts. Commercial zoning covers 0.6% of zoned land, residential 99.4%. The largest single district is Dwelling District Three at 99.4%. For commercial buyers the practical constraint is that only 0.6% of land carries a commercial or industrial designation.
F. Dwelling District Three (D-3)763 1. Purpose The D-3 district provides for low or medium intensity residential development. Land in this district should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreation…
Market overview
Demographics & Economy
Homecroft, IN has 62,126 residents in 26,411 households. Density runs 3,722 people per square mile. Median household income here is $50,993 and median gross rent $994 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southport | — | — |
| Beech Grove | — | — |
| Greenwood | — | — |
| New Whiteland | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Homecroft?
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 145 zoned acres across 2 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
