Indiana home sales have reached their highest levels since 2022, according to the Indiana Association of REALTORS® (IAR) mid-year real estate update. The surge is largely fueled by easing mortgage rates, which have cushioned the impact of rising home prices.
Statewide Sales and Listings
Closed sales across Indiana are up 2.5% year-to-date, with 38,971 homes sold in the first half of the year. New listings also jumped 5% compared to the same period in 2025, giving eager buyers 54,106 new options to consider on the market.
The state’s median home sale price rose 5% year-over-year to $275,000, peaking at a monthly median of $290,000 in June. Despite the steady climb in property values, Indiana homes remain highly affordable on a national scale—tracking more than 30% lower than the U.S. median home price.
Local Market Trends
Suburban and rural counties saw significant increases in closed sales, with rural counties experiencing a 6% increase and suburban counties growing by 5%. The Indianapolis Metro area registered the highest volume of transactions, tracking 15,082 closings at a median sale price of $318,000.
Northwest Indiana placed second in total sales with 3,797 closings, followed by Fort Wayne with 2,741 closings. Bloomington and Indianapolis remain the state’s most expensive markets, with median sale prices of $325,000 and $318,000, respectively.
Original reporting: 93.1 WIBC (Indianapolis) — read the source article.
