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The “Indianapolis Metro Area Homebuyer Misery Index,” developed by the Common Sense Institute, captures the impact of housing prices and mortgage rates on the affordability of purchasing a new home.
Home prices in the Indianapolis-Carmel-Anderson metro area appreciated 7.4% in the third quarter, giving the Central Indiana region the distinction of ranking No. 8 among the 100 top...
Jul 6, 2022 · INDIANAPOLIS — Buying a house right now in the Indianapolis area costs almost 13% more than it did a year ago. The median sales price for an Indy home is now $287,625, according to the MIBOR...
Oct 22, 2020 · Today, that figure is at a record high $259,000 – a 106% increase in just two decades. Of course, the path from A to B was anything but linear with a financial crisis, housing bubbles in major cities, and now COVID-19, which is drastically altering market dynamics.
Sep 7, 2020 · Despite historic job losses brought on by the pandemic, rent in Indianapolis has actually increased 1.3% since this time last year, according to data tracked by Apartment List.
- Pulliam Fellow
In September 2024, Indianapolis home prices were up 1.8% compared to last year, selling for a median price of $236K. On average, homes in Indianapolis sell after 17 days on the market compared to 14 days last year. There were 1,010 homes sold in September this year, up from 996 last year.
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The highest rates of year-over-year growth of any of the years examined were for 2020 and 2021, with median home prices increasing 18.8 and 17.1 percent, respectively. Figure 3 shows the ratio of median housing prices to median household income, within Marion County, for the
