Last update: Nov. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: Months of inventory is calculated as the current month's supply ÷ the average sales per month over the previous 12 months. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Indianapolis MSA includes Boone County, Brown County, Hamilton County, Hancock County, Hendricks County, Johnson County, Madison County, Marion County, Morgan County, Putnam County, and 1 more.