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Deep dive

How We Live, Where We Buy, What We Build

Aug 26, 2026

Deep dive

At the Half: Indiana Housing Mid-2026

Jul 8, 2026

Deep dive

Facing Up to Indiana’s Housing Shortage

Jun 1, 2026

Research Projects

New Construction

What We Build

Indiana’s housing shortage is a mismatch between the homes we build and the households we’re adding.

Project home → Two-Page Summary Zoning Library

Housing Supply

Indiana Housing Study

Indiana needs to double home construction over the next five years. Explore the county-level forecasts, interactive data, and tools behind the IAR housing shortage study.

Project home → County dashboard Social builder

Pricing Strategy

The Price is Right

Price a home right and it moves in a week. Price it wrong and it can sit for months. That gap has widened over the past year.

Project home → Read the report Social graphics

Latest Data

Maps All maps

Statewide Metrics All Reports

Monthly total of closed sales

7,303

-2% year-over-year

September 2026

Monthly Market Report

Median monthly sale price

277,125

+3% year-over-year

September 2026

Monthly Market Report

Average sales price compared to original listing price

95.3%

95.5% latest week

Three-week average

Leading Indicators

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Daily Tracker

Pendings so far this month

Compared to previous year

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Indiana Insights

Indiana Market Dashboard

Inventory

Risen 29 straight weeks

+ 7,105 average daily available listings

• Week of Sep. 21, 2026

Months of inventory

Highest point in over 3 years

+ 0 months

• September 2026

Pending contracts

Recent trend -15% vs -4% last year

Fell by 227 pending sales

Trend down vs last year • Week of Sep. 21, 2026

Closed sales
$0-$149K

$0-$149K range down 11% YOY

Fell by 1,493 sales

Price band down • September 2026

New listings
$250K-$349K

$250K-$349K range up 6% YOY

+ 1,632 listings

Price band up • September 2026

Percentage of asking price

Recent weeks down 1%, extending a weeks-long slide

Fell by 0.5 pts

Weekly down • Week of Sep. 21, 2026

Days on market

Recent 3-week avg up 15% YOY

+ 3 days

YOY weekly up • Week of Sep. 21, 2026

Price per square foot
$0-$149K

$0-$149K range down 1% YOY, lags other ranges

Fell by $1 per square foot

Price band down • September 2026

Latest Research

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How We Live, Where We Buy, What We Build

Indiana has added 146,000 households since 2019, and 76% of them are one or two people. But 54% of new homes have four or more bedrooms, and starter homes under $250,000 fell from 1 in 3 new builds to 1 in 20. What can we do encourage affordable new construction that fits our state’s growth?

At the Half: Indiana Housing Mid-2026

With rates averaging 50 basis points lower than last year, sales are up 2.5% year-to-date.

Facing Up to Indiana’s Housing Shortage

We forecast the state needs to double the rate of construction to meet housing needs by 2029.

Indiana Home Sellers Earn Strong Equity Gains

Indiana sellers see 5.4% annual appreciation in Q1 2026

Unemployment rates fell in all 12 Indiana metro areas over the past year

August unemployment rates were lower than a year ago in every Indiana metro area. In nine of the 12, the labor force also shrank.

Monday Map, September 21, 2026

Median sale prices rose 8.6 percent in Indiana's least expensive counties over the last 12 months and 2.7 percent in the most expensive. The same pattern shows up by township, ZIP code and city.

Indiana's unemployment rate held at 3.3% in August

Indiana's unemployment rate has been 3.3% since February. Over the past year, the rate fell because the labor force shrank, not because more Hoosiers found work.

Summing Up the Summer Housing Market

A strong springtime housing market cooled over the summer with rising mortgage rates, leaving homes on the market longer. But patient sellers still capitalized on healthy appreciation, and became buyers driving activity among higher-priced homes.

Tips

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4 Min. Video • Brokers

Market Pack: A Month of Content in Two Minutes

Set up your market once, then post-ready graphics, captions, a script, and a reel land in your inbox every month.

4 Min. Video • Brokers

Build a Custom Neighborhood Market

Draw a hyperlocal market from map cells and get an instant snapshot.

5 Min. Video • Brokers

Turn Spark Pins into a Slide Deck

Pin the stats worth sharing, then build a 16:9 deck in one click.

4 Min. Video • Everyone

PDF Report

Use Spark to create a PDF report from the contents of your pinboard

5 Min. Read • Everyone

Compare Multiple Markets

Select 2-3 markets and see them side-by-side

3 Min. Video • Brokers

Save Favorite Markets and Reports

Star the markets and reports you use most, and keep them one click away.

2 Min. Video • Everyone

Subscribe to a Report

Get an email each time a report updates for your market

5 Min. Video • Everyone

Housing Hub in 5 Minutes

New here? Start with this. A five-minute tour of the three things you'll use every week: market dashboards, reports, and Spark.

Featured

Research Projects

What We Build

Indiana Housing Study

The Price is Right

Latest Data

Indiana Insights

Latest Research

Tips

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