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Midwest☀️ Hot Market

Indiana Real Estate Market

2026 Housing Market Data · Live Analysis

MARKET HEAT
7
out of 10
Median Home Price
$248K
$138/sqft
YoY Appreciation
+3.8%
Year-over-year
Days on Market
28d
Median DOM
Inventory
2.4mo
Low
List-to-Sale
98%
Avg ratio
Cash Buyers
24%
of all sales
📰

Indiana Market Overview

Indianapolis is quietly becoming one of the most competitive mid-tier markets in the Midwest. Strong job diversification across life sciences, tech, and logistics has created sustained demand, while the city's affordability relative to coastal metros continues to attract corporate relocations. Fort Wayne is a standout value market — one of the most affordable cities with legitimate economic momentum in the country.

🏠 Buyer Insight

Fort Wayne is criminally underrated. Sub-$220K median, tight inventory, and growing economy. Indianapolis suburbs (Carmel, Fishers, Westfield) compete hard — expect multiple offers on move-in ready homes.

📋 Seller Insight

Indy's market has real depth. Correct pricing and good photos generate strong activity within the first week. Buyers are rate-sensitive but committed when they find the right home.

🏙️

Top Cities in Indiana

CityMedian PriceYoY ChangeDays on MarketPrice/Sqft
Indianapolis$288K+4.2%22d$158
Fort Wayne$218K+3.8%24d$128
Carmel$468K+3.4%24d$218
Bloomington$318K+3.2%32d$178
📊

Market Health Indicators

Market Velocity
Active — typical transaction pace
Buyer Competition
Moderate — at or near asking
Inventory Pressure
Low — seller's market conditions
Investment Momentum
3.8% annual appreciation — solid growth
👥

Buyer Demographics

🏠
44%
First-Time Buyers
of all purchases
💵
24%
Cash Buyers
of all purchases
⏱️
41d
Avg Close Time
from offer to close
⚠️
4.8/10K
Foreclosure Rate
homes in default
🧮

Affordability Calculator — Indiana

🏠 Affordability Calculator
Tailored for Indiana market conditions
TOTAL MONTHLY PAYMENT
$2,001
per month
Principal & Interest
$1,466/mo
Property Tax
$227/mo
Insurance
$150/mo
PMI (< 20% down)
$158/mo
LOAN: $223,200TOTAL INTEREST: $304,560
Market Characteristics
#affordable#midwest#life-sciences#logistics#underrated
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
15-YR FIXED
5/1 ARM
JUMBO 30-YR
WK CHANGE 30-YR: 0.04%
IN Quick Facts
Median Price$248K
Price/Sqft$138
YoY Appreciation+3.8%
Days on Market28 days
Inventory2.4 months
Active Listings18,400
List-to-Sale98.0%
Avg Close Time41 days
Market Trend☀️ Warm
RegionMidwest
Midwest Region
ILIllinois
+3.2%
IAIowa
+2.8%
KSKansas
+3.2%
MIMichigan
+4.2%
MNMinnesota
+3.8%
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