Markets › Indiana
In the Hoosier State, part of the Census Bureau's East North Central division, Pecan Street tracks 12 markets. Median sale prices run from $188K in Terre Haute to $328K in Bloomington over Jul–Sep 2026. 10 of 12 are higher than a year earlier and two are lower; Columbus leads at +10.4% and Evansville trails at -2.6%.
Homes sit longest in Bloomington (68 median days on market) and sell fastest in Elkhart (43 days). The share of active listings with a price cut runs from 32% in Bloomington to 55% in Indianapolis. Price-to-rent ratios run from about 11 in Muncie to 17 in Bloomington, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Indianapolis metro has the 3rd-highest share of listings with a price cut and the Columbus metro the 13th-fastest year-over-year price growth. Indiana's unemployment rate was 3.4% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Bloomington | $328K | +5.4% | 68 | 32% | ≈ 17 |
| Columbus | $298K | +10.4% | 50 | 49% | ≈ 14 |
| Elkhart | $274K | +3.2% | 43 | 48% | ≈ 14 |
| Evansville | $237K | -2.6% | 53 | 47% | ≈ 14 |
| Fort Wayne | $277K | +6.2% | 43 | 55% | ≈ 15 |
| Indianapolis | $325K | +2.1% | 55 | 55% | ≈ 14 |
| Kokomo | $193K | +1.2% | 51 | 38% | ≈ 11 |
| Lafayette | $302K | +1.5% | 52 | 53% | ≈ 17 |
| Michigan City | $256K | +5.7% | 53 | 44% | ≈ 14 |
| Muncie | $188K | +8.4% | 45 | 49% | ≈ 11 |
| South Bend | $265K | +7.7% | 47 | 49% | ≈ 14 |
| Terre Haute | $188K | -0.8% | 52 | 40% | ≈ 11 |
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.
Strength 4 / 5
25 days
Evansville homes taking 25 days to sell — +108.3% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
30 days
Greenwood homes taking 30 days to sell — +87.5% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Source: Redfin, city figures, Jul–Sep 2026