Indiana Housing Market
Cool MarketHousing market data and trends for Indiana. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$273K
↑ 4.0% YoY
Days on Market
49 days
↑ 25.6% YoY
Active Inventory
15,382
↑ 0.7% YoY
Homes Sold
6,506
↑ 1.8% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Indiana Market Summary
The Indiana housing market is cooling down. As of March 2026, the median home sale price is $273K, up 4.0% year-over-year. Homes are spending a median of 49 days on the market, 25.6% longer than a year ago.
There are 15,382 homes for sale — 0.7% more than last year. With 2.4 months of supply, this is a seller's market. 9,063 new listings were added during this period, up 1.9% year-over-year.
Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 17.8% of homes sell above their asking price. 32.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% below the national median, which could indicate stronger cash flow potential.
Indiana Market Trends
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Detailed Market Metrics
Median List Price
$290K
Price per Sq Ft
$149
Sale-to-List Ratio
97.7%
Months of Supply
2.4
Sold Above List
17.8%
Price Drops
32.6%
New Listings
9,063
↑ 1.9% YoY
Pending Sales
8,869
Metro Areas in Indiana
Indianapolis, IN metro area
$310K median
51 days
on market
Gary, IN metro area
$280K median
52 days
on market
Fort Wayne, IN metro area
$273K median
35 days
on market
Evansville, IN metro area
$235K median
27 days
on market
South Bend, IN metro area
$238K median
34 days
on market
Lafayette, IN metro area
$288K median
33 days
on market
Bloomington, IN metro area
$325K median
73 days
on market
Elkhart, IN metro area
$277K median
31 days
on market
Terre Haute, IN metro area
$175K median
43 days
on market
Kokomo, IN metro area
$185K median
32 days
on market
Columbus, IN metro area
$250K median
27 days
on market
Muncie, IN metro area
$170K median
35 days
on market
Michigan City, IN metro area
$232K median
37 days
on market
Warsaw, IN metro area
$290K median
40 days
on market
Richmond, IN metro area
$160K median
65 days
on market
Seymour, IN metro area
$195K median
63 days
on market
Auburn, IN metro area
$240K median
36 days
on market
Kendallville, IN metro area
$250K median
73 days
on market
Crawfordsville, IN metro area
$195K median
29 days
on market
New Castle, IN metro area
$184K median
39 days
on market
Bedford, IN metro area
$230K median
84 days
on market
Plymouth, IN metro area
$240K median
30 days
on market
Marion, IN metro area
$137K median
41 days
on market
Scottsburg, IN metro area
$188K median
70 days
on market
Angola, IN metro area
$285K median
106 days
on market
Peru, IN metro area
$120K median
57 days
on market
Vincennes, IN metro area
$170K median
60 days
on market
Greensburg, IN metro area
$235K median
46 days
on market
Bluffton, IN metro area
$230K median
34 days
on market
Wabash, IN metro area
$195K median
57 days
on market
Huntington, IN metro area
$168K median
46 days
on market
Madison, IN metro area
$269K median
55 days
on market
Jasper, IN metro area
$273K median
59 days
on market
Logansport, IN metro area
$160K median
31 days
on market
Decatur, IN metro area
$223K median
30 days
on market
Washington, IN metro area
$218K median
105 days
on market
North Vernon, IN metro area
$220K median
77 days
on market
Frankfort, IN metro area
$271K median
19 days
on market
Connersville, IN metro area
$135K median
125 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.