We forecast the state needs to double the rate of construction to meet housing needs by 2029.
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.
Indiana sellers see 5.4% annual appreciation in Q1 2026
What does our market data tell us about price trends in 2025, and what insights can Indiana REALTORS® share with clients and partners about the outlook for home values?
Sales growth diverges widely over the past three weeks in Indiana's largest cities.
Days on market can vary dramatically even within the same city—this week’s map of Indianapolis shows how some ZIP codes move fast while others take much longer to sell.
This Monday's map dives into sales by ZIP Code for the week starting February 3.
This week, we take a look at listings by ZIP Code through the first month of the year.
Homes that went under contract in the week of January 20 had been on the market an average of 38 days. The trendline is headed up, whereas last year at this time the pace of home sales was quickening. In 52 counties, homes are taking longer to sell compared to the same week last year.
Listings are climbing year-over-year in most of Indiana's large cities.
While new purchase agreements activity is slower than last January's hot start, a few cities are beating there year-over-year pending numbers.
Indiana's urban centers had a strong first of week sales in the new year. Today's Monday Map is focused on year-over-year sales trends for the week beginning Dec. 30.
2024 finished with 78,400 sales, 300 more than last year, as elevated rates kept many homeowners locked in to their current mortgage. Still, listings grew by 3%, sales volume grew by 7%, and there was momentum to finish the year—sales were up 2.6% year-over-year in the last two quarters.