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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?
With rates averaging 50 basis points lower than last year, sales are up 2.5% year-to-date.
We forecast the state needs to double the rate of construction to meet housing needs by 2029.
Indiana sellers see 5.4% annual appreciation in Q1 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.
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.
We found four problems in how we count Indiana housing data, and we have fixed all four. Most of the numbers you read every month barely move. A handful of counties change a great deal, because they were wrong.
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.
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.
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.
This map breaks the market down to half-mile hexagons, showing where prices rose, where they fell, and how much each neighborhood changed in 2025.
Monday Map, March 30, 2026
Monday Map, March 23, 2026
