Indiana Housing Market

Cool Market

Housing market data and trends for Indiana. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: January 2026

Median Sale Price

$255K

0.1% YoY

Days on Market

54 days

20.0% YoY

Active Inventory

15,157

2.8% YoY

Homes Sold

4,413

4.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Indiana Market Summary

The Indiana housing market is cooling down. As of January 2026, the median home sale price is $255K, up 0.1% year-over-year. Homes are spending a median of 54 days on the market, 20.0% longer than a year ago.

There are 15,157 homes for sale — 2.8% more than last year. With 3.4 months of supply, this is a seller's market. 5,679 new listings were added during this period, down 1.7% year-over-year.

Homes are selling for 96.6% of their list price on average, suggesting room for negotiation. 12.7% of homes sell above their asking price. 29.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 3.4
Days on Market 54
Price Drops 29.9%
Sale-to-List Ratio 96.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 39.8%
Days on Market (National: 66) 18.2%
Inventory (National: 1,210,379) 98.7%

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 40% below the national median, which could indicate stronger cash flow potential.

Indiana Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Sale-to-List Ratio

Listings with Price Drops

Detailed Market Metrics

Median List Price

$272K

Price per Sq Ft

$141

Sale-to-List Ratio

96.6%

Months of Supply

3.4

Sold Above List

12.7%

Price Drops

29.9%

New Listings

5,679

1.7% YoY

Pending Sales

6,246

Metro Areas in Indiana

Indianapolis, IN metro area

$300K median

Cool Market

53 days

on market

Gary, IN metro area

$280K median

Cool Market

57 days

on market

Fort Wayne, IN metro area

$245K median

Cool Market

45 days

on market

Evansville, IN metro area

$215K median

Cool Market

32 days

on market

South Bend, IN metro area

$218K median

Cool Market

50 days

on market

Terre Haute, IN metro area

$161K median

Cool Market

48 days

on market

Lafayette, IN metro area

$257K median

Cool Market

48 days

on market

Elkhart, IN metro area

$223K median

Cool Market

47 days

on market

Bloomington, IN metro area

$318K median

Cold Market

98 days

on market

Muncie, IN metro area

$162K median

Cold Market

49 days

on market

Michigan City, IN metro area

$238K median

Cold Market

56 days

on market

Kokomo, IN metro area

$185K median

Cool Market

58 days

on market

Columbus, IN metro area

$275K median

Cool Market

40 days

on market

Richmond, IN metro area

$135K median

Cool Market

45 days

on market

New Castle, IN metro area

$175K median

Cool Market

45 days

on market

Warsaw, IN metro area

$220K median

Cool Market

43 days

on market

Marion, IN metro area

$152K median

Cold Market

65 days

on market

Crawfordsville, IN metro area

$221K median

Cool Market

45 days

on market

Auburn, IN metro area

$240K median

Cool Market

38 days

on market

Bedford, IN metro area

$222K median

Cold Market

88 days

on market

Huntington, IN metro area

$223K median

Cold Market

65 days

on market

Wabash, IN metro area

$158K median

Cool Market

53 days

on market

Vincennes, IN metro area

$115K median

Cool Market

59 days

on market

Plymouth, IN metro area

$220K median

Cool Market

46 days

on market

Connersville, IN metro area

$130K median

Cold Market

53 days

on market

Jasper, IN metro area

$237K median

Cool Market

25 days

on market

Frankfort, IN metro area

$191K median

Cool Market

59 days

on market

Seymour, IN metro area

$185K median

Cold Market

57 days

on market

Madison, IN metro area

$240K median

Cool Market

46 days

on market

Kendallville, IN metro area

$225K median

Cool Market

32 days

on market

Logansport, IN metro area

$169K median

Cold Market

65 days

on market

Decatur, IN metro area

$195K median

Cool Market

50 days

on market

Peru, IN metro area

$164K median

Cold Market

88 days

on market

Angola, IN metro area

$247K median

Cold Market

95 days

on market

Washington, IN metro area

$245K median

Cold Market

53 days

on market

Scottsburg, IN metro area

$183K median

Cold Market

93 days

on market

Bluffton, IN metro area

$215K median

Warm Market

34 days

on market

North Vernon, IN metro area

$180K median

Cool Market

38 days

on market

Greensburg, IN metro area

$269K median

Cool Market

40 days

on market

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.