How much Indiana homes gain in value each year, measured the honest way: the same house sold twice. Every pair below is one single-family home with two closed sales in the MLS record, and the number is the annualized change between them. That sidesteps the mix problem in median price, where a month of big-house sales looks like appreciation.
Quartiles are set each year by the resale price, so Q1 is the cheapest fourth of homes sold that year.
Source: Indiana MLS closed sales in the IAR data warehouse, 1993 to August 2026. Repeat sales are matched on address and ZIP, then on location for homes the MLS geocoded, then on near-identical addresses within the same ZIP and house number. Pairs are dropped when the two sales are less than a year or more than 30 years apart, when the annualized change is in the top or bottom 2% for the year, or when a below-median home more than doubled in value in a year, which usually means a rehab. 511,666 pairs survive those filters. Lines are smoothed with a three-month centered average. Updated the 7th of each month.
Want a city? Build a city chart. Want the numbers? All properties, by quartile, by tenure, by city (CSV).