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1. indianarealtors.com › wp-content › uploadsIndiana’s Housing Market - Indiana Association of Realtors

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   Indiana home sales fell to 6,898 closings last month, 7% below May and 14% behind June 2023. Year-to-date sales are only 2% lower than 2023, however, despite weekly average mortgage rates 45 basis points higher in 2024. New listings (8,896) also dropped 7% from May to June but the six-month total is 4% ahead of 2023.

   • Indiana’s Housing Market Percent Change in Sales

     ange in SalesIndiana’s Housing MarketJuly 2024Indiana’s July...

2. www.ibrc.indiana.edu › ibr › 2023Indiana housing market outlook for 2024

   www.ibrc.indiana.edu › ibr › 2023

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   The Indiana housing market: 2024 forecast. Senior Demographer, Indiana Business Research Center, Indiana University Kelley School of Business. Affordability concerns took a toll on Indiana’s market for single-family homes in 2023. Both existing home sales and new construction were down more than 15% year-over-year through the third quarter ...

3. Videos

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     The Housing Market Has Changed: What to Watch for in 2024

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4. www.realtor.com › research › june-2024-dataJune 2024 Monthly Housing Market Trends Report - realtor.com

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   Jul 9, 2024 · June 2024 Monthly Housing Market Trends Report. The number of homes actively for sale was notably higher compared with last year, growing by 36.7%, an eighth straight month of growth. The total ...

5. www.noradarealestate.com › blog › indiana-housing-marketIndiana Housing Market Forecast 2025-2026: Insights for Buyers

   www.noradarealestate.com › blog › indiana-housing-market

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   Oct 6, 2024 · Indianapolis: Today's market shows a projected growth rate of 1.8% by August 2025 (Zillow). As the state capital, Indianapolis offers a thriving job market and a vibrant cultural scene, making it a preferred destination for new residents. Fort Wayne: Forecasts indicate a growth increase of 2.2%.

6. indianarealtors.com › wp-content › uploadsIndiana’s Housing Market Percent Change in Sales

   indianarealtors.com › wp-content › uploads

   ange in SalesIndiana’s Housing MarketJuly 2024Indiana’s July real estate market captured shifting homebuyer motivation as mortgage rates fell into the mid-. % range and statewide inventory continued to rise. Closed sales grew 7% from June and 6% above 2023 to 7,405; last month’s closings reflected early summer buyers capitalizing on a ...

7. www.bankrate.com › real-estate › housing-marketIndiana Housing Market - Bankrate

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   The Indiana real estate market has a median sale price of $267,300, which is 59.6% lower than the national median sale price of $426,601. Compare other markets or nearby cities, as they can vary ...

8. People also ask

   How did affordability affect Indiana's home market in 2023?

   • Senior Demographer, Indiana Business Research Center, Indiana University Kelley School of Business Affordability concerns took a toll on Indiana’s market for single-family homes in 2023. Both existing home sales and new construction were down more than 15% year-over-year through the third quarter (see Table 1).

   Indiana housing market outlook for 2024 - Indiana University Bloomingt…

   www.ibrc.indiana.edu/ibr/2023/outlook/housing.html

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   What is the median home price in Indiana in 2024?

   • In Indiana, the median home price in 2024 is expected to be $250,200, an increase of 4.8% from the previous year due to the state's tight inventory.

   Indiana Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/indiana-real-estate-market/

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   What will the housing market look like in 2024?

   • Significant differences in the latest U.S. housing market forecasts by the Mortgage Bankers Association and Fannie Mae point to a murky outlook for 2024 (see Table 2). Fannie Mae analysts are more pessimistic, expecting further declines in new construction and existing home sales, while forecasting mortgage rates to remain near 7%.

   Indiana housing market outlook for 2024 - Indiana University Bloomingt…

   www.ibrc.indiana.edu/ibr/2023/outlook/housing.html

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   Will Indiana's rents increase in 2023?

   • All told, though, most of Indiana’s larger metro areas have seen rents increase by more than 30% between June 2020 and October 2023, according to Zillow Research. Note: Monthly rent values based on a three-month moving average.

   Indiana housing market outlook for 2024 - Indiana University Bloomingt…

   www.ibrc.indiana.edu/ibr/2023/outlook/housing.html

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   Is it a good time to buy a house in Indiana?

   • Indiana's housing market has seen a 47.12% increase in home values over the last 5 years. However, home sales decreased by 24.1% in September 2023 compared to the previous year. This could be due to mortgage rates climbing to a two-decade high of nearly 8%. Additionally, the number of houses for sale in Indiana was 7.7% lower in the month compared to 2022. These factors suggest a bearish housing market in Indiana.

   Indiana Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/indiana-real-estate-market/

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   How many homes are currently for sale in Indiana?

   • Currently, there are 21,000 homes for sale in Indiana. The average months of supply is 2 months, indicating a low supply of homes. Indiana's demand for housing can't be satiated with the current supply. Indiana's housing market has a worse scarcity of homes compared to the national housing market. Homebuyers in Indiana have survived the shockwaves of skyrocketing mortgage rates and rising home prices in 2023.

   Indiana Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/indiana-real-estate-market/

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9. www.houzeo.com › blog › indiana-real-estate-marketIndiana Real Estate Market: What to Expect in 2024 & 2025?

   www.houzeo.com › blog › indiana-real-estate-market

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   Sep 5, 2024 · There are 22,810 homes for sale in Indiana, with an average supply of 2 months. Average Home Prices: The median home price in Indiana is $265,100. But, it is expected to decrease due to a rise in inventory in the latter half of 2024. The sale-to-list price ratio is 98.5%, down by 0.41 pts YoY.