Oaks of Avon Market Report | Avon, Indiana Homes

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Homes in Oaks of Avon sold at a median price of $395,000 between January 1, 2021, and August 4, 2026, based on 35 closed sales pulled from the MIBOR records. Prices moved from a median of $361,000 in 2021 to $435,000 in the closings recorded so far in 2026, and homes typically went under contract in about a week.

Oaks of Avon: A Look at What’s Actually Selling

Oaks of Avon sits on the north edge of Avon in Washington Township, Hendricks County, inside the 46123 zip code. It’s an established neighborhood of two-story homes built between 1998 and 2004, and the closed sales tell a pretty consistent story about what buyers find here.

Everything in this report comes from closed sales pulled from MIBOR covering January 1, 2021, through August 4, 2026. That’s 35 transactions over roughly five and a half years, which works out to about six sales a year. In a neighborhood this size, that’s a normal, healthy pace of turnover rather than a rush for the exits.

I want to be upfront about one thing: 35 sales is a solid sample for a single subdivision, but it’s small enough that a single unusual home can nudge an annual average. Where that matters, I’ll point it out.

Neighborhood Overview

The Oaks of Avon Declaration was recorded in Hendricks County in April 1998, and the legal description covers roughly 82 acres. Homes started closing in 1998, and the newest home in the closed sales was built in 2004, so the neighborhood filled in over about a six-year stretch. More than half the homes that sold were built in either 1999 or 2003.

Based on the pace of sales and the size of the development, I’d estimate the neighborhood holds somewhere in the range of 125 to 165 homes. That’s an estimate, not a confirmed count, since the sales data doesn’t include a lot inventory.

Every closed sale was a single-family detached home, and every one of them was a two-story. If you’re looking specifically for a ranch in Oaks of Avon, the closed sales don’t show one. That’s worth knowing before you start scheduling showings.

The lots are consistent. The average lot came in at 0.31 acres, with the smallest at 0.24 acres and the largest at 0.51 acres. Twenty of the 35 homes sold sat on a cul-de-sac, and 25 were noted as having mature trees. Sidewalks showed up in 27 of the listings.

Market Snapshot

Here’s where the numbers land across the full data period.

Oaks of Avon Market Snapshot (January 1, 2021 – August 4, 2026)

Metric	Value
Total Sales (data period)	35
Median Sale Price	$395,000
Average Sale Price	$386,716
Price Range	$300,000 to $471,000
Avg. Price Per Sq Ft	$127.40
Avg. Days on Market	15 days
Median Days on Market	6 days
Avg. Home Size (Finished Sq Ft)	3,105 sq ft
Home Size Range	2,004 to 4,121 sq ft
Year Built Range	1998 to 2004
Private Pool Prevalence	1 of 35 homes (3%)
Basement Prevalence	26 of 35 homes (74%)
Avg. Lot Size	0.31 acres
HOA Fee (most recent sales)	$568 to $674 annually

The gap between the median and the average is small, which tells you the price distribution is tight. There’s no cluster of outliers pulling the numbers around. Most homes here sell in the high $300s to low $400s.

Year-Over-Year Trend

Metric	2021	2022	2023	2024	2025	2026*	Change (Full Period)
Median Sale Price	$361,000	$382,500	$395,000	$388,450	$422,000	$435,000	+20.5%
Avg. Price Per Sq Ft	$108.40	$122.37	$125.53	$143.51	$124.85	$143.69	+32.6%
Avg. Days on Market	4	8	6	28	21	14	N/A
Sales Volume	6	8	3	8	7	3	N/A

*2026 reflects closings through the pull date of August 4, 2026, so it’s a partial year.

Note that 2021 covers closings from March forward, and 2023 only had three sales, which is why the price per square foot bounces a little in the middle years. The direction is still clear.

Home Features and Characteristics

Homes in Oaks of Avon are larger than what you’ll find in a lot of Hendricks County subdivisions from the same era. The average finished square footage across closed sales was 3,105, and the median was 3,145. The smallest home to sell measured 2,004 square feet, and the largest measured 4,121.

Bedroom counts skew toward four. Twenty-eight of the 35 homes had four bedrooms, four had five, two had three, and one had six. Bathrooms were nearly as consistent, with 29 homes at three total baths and six at four.

Basements are common. Twenty-six of the 35 homes had one, and 19 of those had finished space. Where finished lower-level square footage was reported, it averaged about 690 square feet.

Garages run smaller than what newer construction offers. Twenty-seven homes had a two-car garage and eight had a three-car, so the average is right around 2.2 stalls. If a three-car garage is on your must-have list, they exist here, but they’re the exception.

Common Features

A few things show up in nearly every Oaks of Avon home that sold. All 35 were two-story homes. Thirty-four of 35 had brick on the exterior, most often paired with vinyl. Thirty-four of 35 had a fireplace. Twenty-eight had a covered or open front porch, and 13 had a screened patio or screened porch, which is a higher share than I typically see in neighborhoods of this age.

Fencing is also common. Twenty of the 35 homes sold with a fence, most often a full rear yard fence. Central electric cooling was in place in 33 of the 35 homes.

Home Features Summary

Feature	Detail
Avg. Garage Stalls	2.2
Most Common Garage Size	2-car (27 of 35 homes)
Private Pools Present	1 of 35 homes
Homes with Basements	26 of 35 homes (74%)
Most Common Style	Traditional American, two-story (33 of 35)
Avg. Lot Size	0.31 acres
Construction Materials	Brick with vinyl in 34 of 35 homes
Fireplaces	34 of 35 homes had one or more
Fenced Yards	20 of 35 homes

Market Direction: Increasing

The overall arc here is increasing, and the numbers back it up from more than one angle.

Median price climbed from $361,000 in 2021 to $435,000 in the 2026 closings, a gain of roughly 20.5%. Average price per square foot moved from $108.40 to $143.69 over the same stretch, up about 32.6%. Price per square foot rising faster than median price usually means buyers are paying more for the same space, not simply buying bigger homes.

The inflection point shows up in 2024. That year the average days on market jumped to 28 from single digits in the three years before it, and the average sale-to-list ratio slipped to 98.1% after sitting above 100% in 2021. Sellers gave up a little leverage. Prices didn’t fall, though, and the median recovered to $422,000 in 2025 and $435,000 in the 2026 closings.

Speed is still the headline. Across all 35 sales, the median days on market was 6. Half of the homes that sold here went under contract in under a week. Even in the slower stretch, the median stayed low while the average got pulled up by a handful of listings that sat longer.

The sale-to-list ratio across the full period was 99.6%, and measured against original list price it was 98.8%. That gap tells you a few sellers reduced before finding a buyer, which is normal, but the typical home here sold within a percent or two of asking. Seller concessions appeared in 10 of the 27 sales that reported them, averaging about $1,442 across that group.

Oaks of Avon HOA Rules: What Homeowners Need to Know

Oaks of Avon has a recorded Declaration of Covenants, Conditions, and Restrictions filed in Hendricks County in April 1998. It’s an active set of rules with an Architectural Review Board, and it covers more than most people expect. Here’s the plain-language version of what matters most when you’re buying or selling.

Architectural Review Approvals

This is the big one. Almost any exterior change requires written approval before you start. That includes new construction, alterations, repairs, color changes, grade or excavation work, fences, walls, swimming pools, tennis courts, patios, and other structures. Plantings taller than 18 inches also require approval, though flowers, bushes, and shrubs under that height don’t.

You submit a Lot Development Plan to the Architectural Review Board. If the Board doesn’t approve, modify, or deny your plan in writing within 60 days, it’s treated as denied, and you can appeal to the Board of Directors. Board approval doesn’t replace permits or variances you’d need from the county.

Fencing Rules

Fences are allowed with approval, and 20 of the 35 homes in this report sold with one. Style, color, and placement all go through the Architectural Committee, and fencing style and color have to be consistent with the rest of the neighborhood.

Height caps at six feet. Chain link isn’t permitted unless the Architectural Committee and the Board of Directors both grant special permission, and then only for uses such as enclosing a tennis court. On a lot that backs to a lake, no fence can exceed four feet in height beyond a point 15 feet from the home without special Board permission. Corner lots have sight-line restrictions near intersections, so no fence, wall, hedge, or shrub can block the view between two and six feet above street level in the triangular area near the corner.

Pool and Water Feature Guidelines

Above-ground swimming pools are prohibited. In-ground pools are allowed, but they fall under the architectural approval process, so you’d submit plans before any work begins. Only one home in this report sold with a private in-ground pool, so it’s an uncommon feature here. The neighborhood has a community pool, which is what most residents use.

Outbuildings, Sheds, and Garages

Detached storage sheds and tool sheds aren’t permitted. Trailers, shacks, and outhouses aren’t either, other than temporary structures a builder uses during construction. Garages have to be attached to the home, and any enclosed storage area also has to be attached. Accessory outbuildings require prior written approval from the Committee.

Parking and Vehicle Restrictions

These rules are stricter than a lot of newer neighborhoods. Boats, snowmobiles, recreational vehicles, trailers, camping vehicles, buses, mobile homes, tractor trailers, trucks, motorcycles, mini-bikes, mopeds, and unlicensed or inoperable vehicles can’t be stored or parked on any lot outside a garage, on any street within the neighborhood, or on the common area, either permanently or temporarily. Normal passenger vehicles, including station wagons and small trucks such as pickups and vans, are fine.

If you own an RV or a boat, plan on off-site storage.

Landscaping, Storage, and Yard Ornaments

Outdoor items need to be screened from view outside the lot. That covers sporting equipment, toys, outdoor cooking equipment, yard and garden tools, and trash containers. The screening enclosure design itself has to be approved. Trash and garbage go in sanitary containers, and rubbish can’t be allowed to pile up. Yard ornaments, including things like metallic balls and concrete statues, require Architectural Review Committee approval.

Home Size and Driveways

A one-story home has to have a minimum ground floor area of 1,500 square feet, excluding open porches, attached garages, and basements. A home taller than one story needs a minimum of 800 square feet on the ground floor and 1,700 square feet total. Driveways have to be concrete or asphalt.

Solar Panels and Satellite Dishes

The recorded Declaration states that no solar heat panels are permitted. Roof antennas and satellite dishes larger than 24 inches in diameter aren’t permitted either. A dish 24 inches or smaller needs prior written approval of its placement from the Committee. Federal rules and state law have evolved since 1998 on both of these topics, so if either matters to you, talk with the Association and a real estate attorney before assuming either way.

Signs

Signs generally aren’t permitted, with an exception for a For Sale or For Lease sign on a home being marketed, in the form, style, and location the Board requires. If you’re planning to sell, that’s something I handle with the Association ahead of time.

Pets and Animals

Household pets are allowed, subject to rules the Board adopts. Livestock, poultry, fowl, and rabbits aren’t, and no pet can be kept, bred, or maintained for commercial purposes. A pet that becomes a nuisance can be ordered removed after written notice.

Rentals and Home Use

Homes are for single-family residential use, and no trade or business can be operated from a home or lot, though incidental home office use is allowed to the extent local zoning permits. Leasing is allowed, but no home or lot can be leased for less than 90 days, and all leases have to be in writing and subject to the Declaration.

HOA Assessments

Annual assessments in the most recent closed sales ran from $568 to $674 per year, with a median around $612. Across the full data period, reported fees ranged from $430 to $674 annually, so the trend has moved up over the past five years. Fees are billed annually in most of the sales I reviewed.

The dues cover common area maintenance, the park and playground, and depending on the year, items like snow removal, trash removal, insurance on common areas, and professional management. Amenities listed across the sales include the community pool, playground, park, and in some listings a clubhouse and walking paths. Assessments become a lien on the lot if unpaid, and delinquent amounts carry 18% annual interest under the Declaration.

Always confirm the current assessment directly with the Association before you close. Fee amounts in closed sales reflect what was accurate at the time of each sale, not necessarily what’s billed today.

The information in this section is based on a review of the Oaks of Avon Declaration of Covenants, Conditions, and Restrictions as of August 4, 2026. CCRs are legal documents that can be amended, and homeowners should review the current recorded documents or consult with a real estate attorney for guidance on any specific situation.

Who Might Connect With Oaks of Avon

Based purely on what the homes offer, Oaks of Avon tends to work well for buyers who want square footage without new-construction pricing. An average of 3,105 finished square feet at a median of $395,000 is a lot of house per dollar in this part of Hendricks County.

The basement prevalence matters too. Three out of four homes here have one, and most of those have finished space, so there’s flexible room beyond the main and upper levels. If you work from home, need a rec room, or want storage that doesn’t live in a shed, that’s meaningful. Remember that detached sheds aren’t allowed, so basement and garage storage does the work here.

Buyers who want a ranch or a first-floor primary suite should know that every home in this report was a two-story. Buyers who need a three-car garage will find them, but only about one in five homes has one.

Nearby Conveniences

Oaks of Avon sits in the northern part of Avon in Washington Township, which puts it between the Avon and Brownsburg retail corridors. Listing descriptions across the closed sales repeatedly mention walking and bike paths near the neighborhood, including a connection toward the B&O Trail.

Inside the neighborhood, residents have the community pool, playground, and park. Several homes that sold were within walking distance of the pool, which is one of the reasons the interior cul-de-sac lots tend to draw attention.

A Note on the Data

The sales data in this report covers January 1, 2021, through August 4, 2026. If you’re researching Oaks of Avon right now and want to know what’s sold more recently, reach out. I can pull the most current data and walk you through what it means for your specific situation.

Thinking About Making a Move?

If you’re thinking about selling in Oaks of Avon, or you’ve had your eye on this area, I’d love to talk through what the market looks like for your specific situation. Call or text me at 317-987-7068, or reach out at rene@indyhomepros.com.

If you’re curious about working with someone who digs this deep into the data, you can learn more about how I work with buyers and sellers across Hendricks County.

You can also read what past clients have said on Google, Zillow, and Realtor.com.

Frequently Asked Questions About Oaks of Avon

What is the average home price in Oaks of Avon?

The median sale price across 35 closed sales from January 2021 through August 2026 was $395,000, and the average was $386,716. Prices ranged from $300,000 to $471,000. The most recent closings show a median of $435,000.

Are home values in Oaks of Avon going up?

Yes. The median sale price rose about 20.5% from 2021 to the 2026 closings, and average price per square foot rose about 32.6% over the same period. Price per square foot climbing faster than median price suggests buyers are paying more for comparable space rather than simply buying larger homes.

How fast do homes sell in Oaks of Avon?

Fast. The median days on market across all 35 sales was 6 days, and the average was 15. The average was pulled up by a handful of listings in 2024 and 2025 that took longer, but half of all homes here went under contract inside a week.

How big are the homes in Oaks of Avon?

Homes averaged 3,105 finished square feet, with a median of 3,145. The smallest sale measured 2,004 square feet and the largest measured 4,121. Four bedrooms and three bathrooms is the most common configuration.

How much are HOA fees in Oaks of Avon?

The most recent closed sales showed annual assessments of $568 to $674, with a median around $612. Across the full data period the range was $430 to $674 annually, so dues have increased over time. Confirm the current amount directly with the Association.

Can I put up a fence in Oaks of Avon?

Yes, with approval. Fence style, color, and placement have to be approved by the Architectural Committee, and the maximum height is six feet. Chain link isn’t permitted without special permission from both the Committee and the Board. Corner lots and lots backing to a lake have additional restrictions.

Are pools allowed in Oaks of Avon?

Above-ground pools are prohibited under the Declaration. In-ground pools are allowed but require architectural approval before construction begins. Only one of the 35 homes in this report sold with a private in-ground pool. The neighborhood has a community pool available to residents.

Do I need approval to add a shed or outbuilding in Oaks of Avon?

Detached storage sheds and tool sheds aren’t permitted at all under the Declaration, and garages have to be attached to the home. Accessory outbuildings require prior written approval from the Architectural Review Committee. Most homeowners here rely on basement and garage storage instead.

Can I park my RV or boat in my driveway in Oaks of Avon?

No. Boats, recreational vehicles, campers, trailers, buses, and similar vehicles can’t be stored or parked outside a garage, on neighborhood streets, or on common area, even temporarily. Normal passenger vehicles, including pickups and vans, are permitted.

Do homes in Oaks of Avon have basements?

Most do. Twenty-six of the 35 homes that sold had a basement, and 19 of those included finished space. Where finished lower-level square footage was reported, it averaged around 690 square feet.

What kind of lots does Oaks of Avon have?

Lots averaged 0.31 acres, ranging from 0.24 to 0.51 acres. Twenty of the 35 homes that sold were on a cul-de-sac, 25 were noted as having mature trees, and 27 listings mentioned sidewalks.

Is now a good time to sell in Oaks of Avon?

The data is favorable for sellers. Median prices are at their highest point in the report, homes sold at 99.6% of list price on average, and half went under contract within a week. Pricing accurately from the start still matters, since the sales that sat longest were the ones that started above the market.