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- 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 Realtor Association.
cbs4indy.com/indiana-news/average-cost-of-house-in-indy-area-up-13-from-last-year/Indianapolis area average cost of house up 13% from last year
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What is the housing market like in Indianapolis today? 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.
Homes in Indianapolis have sold for 4.2% more than they did a year ago. Summary: The median home sold price in Indianapolis was $245,027 in September 2024, up 4.2% from last year, and the median price per square foot was $138.
The average home value in Indianapolis, IN is $227,642, up 2.5% over the past year. Learn more about the Indianapolis housing market and real estate trends.
In the 11-county Indianapolis metro area, for instance, the median sales price in August 2020 was $219,000, and with mortgage rates slightly below 3% at that point, the monthly payment at this price level was an estimated $1,126.
May 8, 2024 · As of March 31, 2024, the median list price in Indianapolis stood at $292,300. This figure reflects the average asking price for homes in the area at that time. Additionally, the percentages of sales over and under list price provide insights into the competitiveness of the market.
Definitions: House price appreciation (HPA) measures how much more – or less – the same houses would sell for today than if they had sold at a previous time. The chart includes the measure for...
