Indiana housing market

In the Hoosier State, part of the Census Bureau's East North Central division, Pecan Street tracks three markets. Median sale prices run from $237K in Evansville to $325K in Indianapolis as of Sep 2026. Two of three are higher than a year earlier and one is lower; Fort Wayne leads at +6.2% and Evansville trails at -2.6%.

Homes sit longest in Indianapolis (53 median days on market) and sell fastest in Fort Wayne (40 days). The share of active listings with a price cut runs from 54% in Evansville to 57% in Indianapolis. Price-to-rent ratios run from about 14 in Indianapolis to 15 in Fort Wayne, measured as years of HUD Fair Market Rent per median sale price. Among the 195 U.S. metros Pecan Street tracks, the Indianapolis metro has the 4th-highest share of listings with a price cut and the Evansville metro the 6th-slowest year-over-year price growth. Indiana's unemployment rate was 3.3% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.

Markets at a glance

Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.

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