Reports
Markets
Latest
Maps
Learn
Chat
The Housing Hub offers weekly and monthly market data updates for geographies down to the township and ZIP code level – but even these areas cover a lot of ground when it comes to real estate trends that can change from block to block, subdivision to subdivision.
Explore how home prices changed across Indiana, mapped at the neighborhood level using half-mile hexagons.
Red areas are up, teal areas are down, showing price-per-square-foot trends from 2024 to 2025.
Open full-screen interactive map
Every spring, we map last year’s closed sales to show how home prices moved at the neighborhood level.
Search an address, zoom in, or jump to a major city to get started. The map breaks the state into uniform half-mile hexagons, making it easier to see where prices were rising and falling across local neighborhoods.
Each hexagon shows the percent change in median price per square foot from 2024 to 2025, along with the change in median sale price and the number of sales behind it. Areas shaded pink saw prices rise, while areas shaded teal saw prices fall.
In areas with a sufficient number of applicable transactions, the display also includes average real price appreciation and equity based on properties that have changed hands multiple times. (Learn more about real price appreciation.)
The map provides a heatmap of neighborhood-level market demand, giving REALTORS® a snapshot of price trends through 2025 heading into 2026.
It’s also a tool for REALTORS® to check in with customers and clients on their 2026 property tax assessments and how accurately they’ve been adjusted to reflect market value.
Click to start exploring the map. Now keep scrolling for more details on putting it to use in both of these scenarios.
Indiana ZIP codes and townships vary greatly in size but typically cover more than twenty square miles and are home to thousands of homeowner households. REALTORS® know that property values and market dynamics, demographics and community attributes can change radically from one end of such an area to the other.
This map provides a way to measure market intensity on a neighborhood-by-neighborhood basis, showing shifts in property values through 2025. Using price-per-square-foot and real price appreciation (where possible) along with the overall median sale price change also helps account for the differing pool of properties that change hands from year to year.
For brokers, this provides a hyper-local snapshot of last year’s residential price trends, whether driven by changes in housing supply, rising or falling demand, or other trends – it’s one more way to look at the market as you determine pricing strategies for listings this spring.
Many Indiana homeowners have received their pay-2026 property tax bills (based on 2024 property assessments) along with the 2026 assessments that will be used to calculate their 2027 tax bills. These come as a Notice of Assessment (Form 11) from their county assessors or in a combined statement with their 2025 bills.
This map is also a tool for REALTORS® to advise contacts and clients on their annual property tax assessment and whether they have a basis for pursuing an appeal.
Indiana has market-based property assessments. Homeowners who don’t follow real estate closely are often surprised by assessed values that change from year to year even though they made no renovations or improvements – this is because assessors use real estate sales data to adjust assessments annually to reflect market trends.
One way for homeowners to evaluate their assessment according to Indiana’s ‘market value’ standard is simply asking, “Would you list your home for that price today?”
But REALTORS® can offer more insight based on detailed MLS data. The interactive map allows REALTORS® to compare price trends from relevant MLS transactions to the trending adjustments made to the assessed value of a particular property.
To adjust property assessments to the market, assessors research home sales from the previous year in a particular “neighborhood” area (drawn for assessment purposes according to state guidelines).
Assessors are supposed to identify at least five comparable sales within a neighborhood area and compare their initial assessed values to actual sale prices – the difference becomes the “trending” adjustment applied to all properties in that area.
For example, say an assessor identifies five representative home sales in a neighborhood area through 2025, and find that these sale prices average 3% higher than their 2025 assessed values determined in January.
3% becomes the annual adjustment for all properties in that area for the 2026 property assessment: If a home was valued at $260,000 in 2025 and the homeowner made no physical improvements through the year, the 2026 assessment would simply reflect a 3% trending adjustment to $267,800.
But there is some subjectivity in how neighborhood assessment areas are drawn and how comparable sales are selected; this interactive map pulls in all MLS transactions within the half-mile hexagon to calculate price change – REALTORS® and their clients can compare this market trend with the property assessment.
We’ve created a brief primer on property assessments and recent tax changes that provides more details on trending adjustments, using the interactive map and pursuing an assessment appeal; click below to download the document.