August market data is delayed by a technical issue with one of our MLS feeds. Corrected August reports and Market Packs should be available Wednesday, September 9.

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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

8,590

+5% year-over-year

July 2026

Monthly Market Report

Median monthly sale price

285,000

+4% year-over-year

July 2026

Monthly Market Report

Average sales price compared to original listing price

95.6%

95.6% 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 25 straight weeks

+ 5,999 average daily available listings

• Week of Aug. 24, 2026

New listings

Recent trend -12% vs +1% last year

Fell by 327 listings

Trend down vs last year • Week of Aug. 24, 2026

Weekly sale price

Recent trend -3% vs +2% last year

Fell by $13,433

Trend down vs last year • Week of Aug. 24, 2026

Pending sales
$0-$149K

$0-$149K range down 12% YOY

Fell by 1,792 pending sales

Price band down • July 2026

Percentage of asking price

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

Fell by 0.7 pts

Weekly down • Week of Aug. 24, 2026

Closed sales
$1M+

$1M+ range up 41% YOY

+ 365 sales

Price band up • July 2026

Days on market

Recent 3-week avg up 18% YOY

+ 4 days

YOY weekly up • Week of Aug. 24, 2026

Months of inventory

Up 8% YOY

+ 0 months

YOY up • July 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

What We Fixed in Our Housing Data

Four problems in how we count Indiana housing data, now fixed. Most numbers barely move. A few counties change a lot.

The Price Is (Still) Right: 2026 Update

The market has slowed, but not for everyone. Correctly priced homes still go under contract in about a week. The slowdown is concentrated in mispriced listings.

Monday Map, April 27, 2026

Hendricks, Hamilton & Boone counties are Indiana's hottest housing markets right now. Buyers are absorbing new listings nearly as fast as they hit the market. See how your county stacks up on our Market Heat Index.

New Market Heat Index Measures Housing Pressure

The new Market Heat Index maps demand pressure across every county in the state, combining days on market, list price performance, and pending contract activity into a single score. Explore the map to see where conditions are heating up and where they're easing off.

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

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4 Min. Video • Everyone

PDF Report

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Compare Multiple Markets

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

3 Min. Video • Brokers

Save Favorite Markets and Reports

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Subscribe to a Report

Get an email each time a report updates for your market

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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.

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Indiana Housing Study

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