Millennials (now the largest population group in the US) are currently between the ages of 26 and 41 – historically, the age at which many have made the ceremonial transition to “adulthood” via homeownership.
However, between the pandemic, inflation, and the wildest housing market in years, this generation hasn’t seen the most ideal conditions for purchasing their first home.
And so, we meet the Unmortgaged Millennials — or members of this generation who have never owned a home.
Opendoor asked in their new report, “What would the unmortgaged millennial do toown a home right now… andwhat’s holding them back?”
Millennial homeownership by the numbers
47% of unmortgaged millennials say they woulddelay vacations for five years if it meant they could buy a home, and 41% would even delay a wedding for five years. 🏡
44% wouldsay goodbye to their morning coffee runs if it meant they could buy a home —and35% would miss out on their favorite shows and eliminate all TV.
And you can forget Hinge + Tinder — of those surveyed, two-thirds use real estate apps and a majority browse homes online. Unmortgaged millennials are home-search obsessed, and would rather swipe through interiors of homes than swipe right (or left…) on romantic prospects. 🤳
Knowing how motivated homebuyers are, we dug into Opendoor’s Indianapolis-area listings to round up 3 different homes that $400K can buy you around INDY.
4 BD, 2.5 BA | $311,000 | Natural light fills this stunner that features a fully equipped kitchen with sleek counters + dark cabinets, along with neutral floors and plush carpet in all the right places.
Family Yoga at Coxhall Mansion | Tues., Sept. 20 | 10-11 a.m. | Coxhall Gardens, 11677 Towne Rd., Carmel | $10 | Join Alli Steinke from Flourish Yoga + Wellbeing and learn practical breathing tools to help calm the mind in an all-level yoga flow.
YPCI: September Happy Hour | Thurs., Sept. 22 | 6-8 p.m. | Metazoa Brewing Company, 140 S. College Ave. | $15 | Join the Young Professionals of Central Indiana for its monthly happy hour for area young professionals to unwind, connect, get to know each other + check out some of Indy’s best venues. 🍻
MasterChef Junior Live! | Thurs., Sept. 22 | 7 p.m. | Clowes Memorial Hall, 4602 Sunset Ave. | $25+ |Watch the winner of Season 8, finalist, and fan favorites of the culinary hit TV show as they take to the stage in head-to-head cooking demonstrations and challenges. 🍳
Live Storytelling Workshops | Fri., Sept. 23 | 6-7:30 p.m. | MELI Showroom, 1043 Virginia Ave., Ste. 207 | Free | Join MELI + Circle City Storytellers for a workshop that is dedicated to eliminating the barriers that prevent Black stories from being told. 🗣️
Free Community Movie Night | Fri., Sept. 23 | 7:30 p.m. | White River State Park | Free | Grab your picnic blanket or beach chairs + enjoy a movie night under the stars. 🎥
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
For tickets to local and regional events, check out our 6AM Tickets resale marketplace.*
A $700 million mixed-use developmentproject plan was introduced at a Carmel City Council meeting yesterday + officials call it “transformative.” It’s planned at East 111th Street + North Pennsylvania Avenue and calls for multifamily housing, attached townhouses, 430,000-sqft of retail and office space, public outdoor space, and public parking garages. 🏗️ (IBJ)
If you’re wondering why there’s still construction happening on Monument Circle, you’re not alone. Every year, Indy DPW spends about $500,000 on brick repairs + crews are still working on the northern half of the West Market Street block just west of the circle. It’s expected to be done by January. 🚧 (IndyStar)
The Indianapolis estate of late businesswoman and philanthropist Christel DeHaan has officially been sold + is setting a state record. The sale of the 41,762-sqft mansion closed with a price tag of $14.5 million, topping the listing price by $500,000. It was the highest ever paid for a private estate in Indiana history, according to Encore Sotheby. 💰 (IBJ)
Friday, the 2022 National Blue Ribbon Schools were announced + 10 Indiana schools are being recognized. Eligible schools can be public or non-public and must demonstrate excellence in academics, arts, and athletics. In Indianapolis, Cathedral High School and Christ the King Catholic School made the list. See the other schools. 🏫 (WISH)
Indiana is joining forces with seven other states to develop “a robust hydrogen market, supply chain and workforce.” The governors of each state have signed the Midwest Hydrogen Coalition Memorandum of Understanding with the goal of supporting hydrogen production in the region with little to no greenhouse gas emissions. 🏭 (IBJ)
The Builders Association of Greater Indianapolis’ (BAGI) Home-A-Rama is returning to Westfield’s Chatham Hills Neighborhood for the third and final time. At this show, you’ll get to tour high-end, custom homes + discover the latest in home design and technology trends. It begins this weekend and runs Thurs.-Sun. from Sept. 22-Oct. 9 from 12-8 p.m.Get tickets. 🏡 (WTHR)
A new experience is coming to the Benjamin Harrison Presidential Site — The Haunted States of America by James Trofatter. Guests will travel from room to room throughout the National Historic Landmark among ghosts who have come from all over the country. The theatre production will run Oct. 14-15, 22-23 and 28-29. Get tickets. 👻
Don’t just eat better — eat the best.Sunbasket’smeal kit service delivers delicious, healthy meals created by award-winning chefsstraight to your front door. Bonus: INDYtoday readers can get $100 off their first four deliveriesand more when they sign up. *
Going on vacation this fall and need to learn a new language fast? With Babbel, you could be speaking a new language in as little as three weeks. Bonus: Get 55% off your subscriptionfor a limited time. 🌎*
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What kind of plant are you? | Photo by INDYtoday team
Did you know the third week in September is National Indoor Plant Week? It serves as a week-long celebration of the perfect indoor air cleaner.
It’s no surprise that houseplant ownership increased 18% during the height of the pandemic, and thanks to subsequent plantfluencers (hey, @hoosier_plant_daddy 👋), decor trends,and passionate plant parents — it’s clear that the plant-boom is here to stay.
Take the leaf of faith + start your plant journey, once and floral. Here are some local shops to adopt your next plant baby:
Editor’s pick: Another local spot where I’ve gotten a few of my plant babies is Rooftop Fruit in Fountain Square (formerly known as Onatah). My cat has no respect for National Indoor Plant Week though — I found one of my succulents had been attacked yesterday. So, if anyone has tips for keeping house plants with a house cats, let a girl know.
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