Indianapolis Housing Market Shifts

Indianapolis’ housing market’s pace has slowed slightly, with homes staying on the market 15 days on average—up from 10 days last year—but sellers still hold the edge. Inventory’s up 22% in Marion County and across 16 surrounding counties, pushing the sales timeline to 1.8 months. Buyers are still rushing to act, driven by FOMO and fear of higher rates later, while stagnant wages in key industries fuel competition for older homes, pushing prices up despite higher mortgage rates. Median home prices in central Indiana hit $325,000 last month—a modest uptick from last year. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8c035cae9bd1c04f