
Homes in predominately black neighborhoods are often undervalued compared to those in other neighborhoods, even when the homes are similar. In Marion County, there is a more than $41,000 difference between the county’s median home value and that of homes in majority-black neighborhoods. The difference means people in these communities may face more challenges when it comes to building wealth. That can have a lasting impact on generations of black families.
As the nation celebrates Black History Month, it’s important to understand the effect past housing policies have had on the black community—and continue to have to this day. The Center for Research on Inclusion and Social Policy (CRISP) at the IU Public Policy Institute examined how biased housing policies and real estate practices impact the black community in Marion County.