All Reports › Housing Affordability › Indiana • September 2025 • All

Housing Affordability

Home price and typical payment compared to income

 Quick Summary

Generating summary...

Housing Affordability • Indiana • September 2025

Subscribe Use This Report
Print or PDF New report All reports

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2025
35.4%
Year-over-year change
-3%
Compared to 36.5% last year
Difference from state
+0%
Compared to 35.4% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
September 2025
35.4%
Year-over-year change
-3%
Compared to 36.5% last year
Difference from state
+0%
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
September 2025
40.2%
Year-over-year change
-7%
Compared to 43.3% last year
Difference from state
+0%
Compared to 40.2% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
September 2025
40.2%
Year-over-year change
-7%
Compared to 43.3% last year
Difference from state
+0%
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$69,976
Year-over-year change
+10%
Compared to $63,681 last year
Difference from state
+0%
Compared to $69,976 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
January 2025
$69,976
Year-over-year change
+10%
Compared to $63,681 last year
Difference from state
+0%
View source and notes...

Last update: Oct. 7, 2025, midnight Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars.

Market Momentum

Price

Median Monthly Payment

For median-priced home
September 2025
$2,063
Year-over-year change
+6%
Compared to $1,939 last year
Difference from state
+0%
Compared to $2,063 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
September 2025
$2,063
Year-over-year change
+6%
Compared to $1,939 last year
Difference from state
+0%
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Median Sale Price

3-Month Rolling Median
September 2025
$274,000
Year-over-year change
+5%
Compared to $261,000 last year
Difference from state
+0%
Compared to $274,000 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
September 2025
$274,000
Year-over-year change
+5%
Compared to $261,000 last year
Difference from state
+0%
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, September 2025
79,809
+4%
Under $250K
36,262
-5%
At Least $250K
43,547
+12%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, September 2025
79,809
+4%
Under $250K
36,262
-5%
At Least $250K
43,547
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, September 2025
101,192
+6%
Under $250K
42,701
-3%
At Least $250K
58,491
+14%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, September 2025
101,192
+6%
Under $250K
42,701
-3%
At Least $250K
58,491
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, September 2025
18,293
+18%
Under $250K
6,900
+14%
At Least $250K
11,393
+21%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, September 2025
18,293
+18%
Under $250K
6,900
+14%
At Least $250K
11,393
View source and notes...

Last update: Oct. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None

Contact

Indiana Association of REALTORS®
143 W Market St, Ste 100
Indianapolis, IN 46204
Phone: 1.800.284.0084

Report an Issue or Submit an Idea

Housing Hub Issue Tracker

Admin

Labs

Copyright © 2026 Indiana Association of REALTORS®