Indiana Home Values & Market Trends
There have been 155,312 properties sold in the Indiana real estate market trends. Median home values in the Indiana housing market are $225,189.51. The median residential home value for transactions over the last 12 months is 157,018.532. The State of Indiana currently has 5,077 properties in foreclosure, 526 bank owned properties, and 1,113 headed for auction.
Indiana Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Allen | $ 246,892 $ 136/sqft | Daviess | $ 233,436 $ 129/sqft |
| Lake | $ 234,700 $ 132/sqft | Scott | $ 194,380 $ 133/sqft |
| St. Joseph | $ 212,307 $ 129/sqft | Hancock | $ 337,133 $ 163/sqft |
| Vanderburgh | $ 183,512 $ 123/sqft | Clinton | $ 186,346 $ 129/sqft |
| Marion | $ 241,547 $ 147/sqft | Morgan | $ 358,322 $ 159/sqft |
| Elkhart | $ 244,500 $ 129/sqft | Starke | $ 239,870 $ 150/sqft |
| Monroe | $ 369,900 $ 186/sqft | Franklin | $ 213,254 $ 123/sqft |
| Kosciusko | $ 286,215 $ 141/sqft | Jennings | $ 177,201 $ 121/sqft |
| Clark | $ 258,818 $ 156/sqft | Perry | $ 181,900 $ 108/sqft |
| Delaware | $ 159,949 $ 92/sqft | Putnam | $ 253,317 $ 134/sqft |
| Warrick | $ 286,634 $ 142/sqft | Fayette | $ 147,819 $ 96/sqft |
| Floyd | $ 265,563 $ 140/sqft | Boone | $ 314,065 $ 147/sqft |
| Porter | $ 382,113 $ 156/sqft | White | $ 255,000 $ 143/sqft |
| Tippecanoe | $ 277,068 $ 155/sqft | Randolph | $ 100,950 $ 65/sqft |
| Vigo | $ 123,587 $ 84/sqft | Newton | $ 198,811 $ 82/sqft |
| Laporte | $ 220,294 $ 132/sqft | Sullivan | $ 65,002 $ 47/sqft |
| Lawrence | $ 176,016 $ 123/sqft | Shelby | $ 213,834 $ 124/sqft |
| Steuben | $ 313,610 $ 166/sqft | Jackson | $ 207,932 $ 136/sqft |
| Hamilton | $ 389,750 $ 173/sqft | Ripley | $ 280,168 $ 132/sqft |
| Marshall | $ 245,000 $ 129/sqft | Owen | $ 283,436 $ 148/sqft |
| Whitley | $ 224,633 $ 131/sqft | Henry | $ 171,432 $ 89/sqft |
| Huntington | $ 155,131 $ 101/sqft | Clay | $ 182,334 $ 102/sqft |
| Johnson | $ 299,321 $ 150/sqft | Montgomery | $ 178,750 $ 122/sqft |
| Dekalb | $ 250,608 $ 149/sqft | Brown | $ 273,900 $ 201/sqft |
| Bartholomew | $ 288,616 $ 140/sqft | Fulton | $ 239,000 $ 120/sqft |
| Noble | $ 207,775 $ 152/sqft | Decatur | $ 218,922 $ 147/sqft |
| Dearborn | $ 281,499 $ 144/sqft | Switzerland | $ 256,553 $ 100/sqft |
| Madison | $ 154,900 $ 103/sqft | Wabash | $ 173,923 $ 98/sqft |
| Dubois | $ 275,000 $ 119/sqft | Carroll | $ 232,830 $ 146/sqft |
| Knox | $ 159,900 $ 110/sqft | Vermillion | $ 69,653 $ 61/sqft |
| Harrison | $ 244,900 $ 144/sqft | Benton | $ 181,004 $ 108/sqft |
| Washington | $ 209,900 $ 119/sqft | Crawford | $ 205,373 $ 129/sqft |
| Jasper | $ 240,433 $ 133/sqft | Jay | $ 85,000 $ 67/sqft |
| Greene | $ 175,376 $ 110/sqft | Pike | $ 145,000 $ 98/sqft |
| Wayne | $ 99,900 $ 79/sqft | Cass | $ 157,900 $ 118/sqft |
| Gibson | $ 179,284 $ 118/sqft | Parke | $ 146,734 $ 90/sqft |
| Grant | $ 144,754 $ 96/sqft | Martin | $ 269,900 $ 149/sqft |
| Orange | $ 178,500 $ 126/sqft | Miami | $ 82,191 $ 62/sqft |
| Adams | $ 199,687 $ 110/sqft | Blackford | $ 145,709 $ 83/sqft |
| Jefferson | $ 244,950 $ 140/sqft | Warren | $ 219,946 $ 115/sqft |
| Wells | $ 290,512 $ 128/sqft | Fountain | $ 213,456 $ 129/sqft |
| Spencer | $ 229,722 $ 129/sqft | Rush | $ 92,977 $ 62/sqft |
| Posey | $ 181,934 $ 96/sqft | Pulaski | $ 234,211 $ 124/sqft |
| Lagrange | $ 283,036 $ 166/sqft | Ohio | $ 239,543 $ 93/sqft |
| Howard | $ 192,917 $ 109/sqft | Tipton | $ 196,016 $ 131/sqft |
| Hendricks | $ 334,734 $ 151/sqft | Union | $ 309,162 $ 76/sqft |
Housing Market Summary for Indiana
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $220.2K | $217K | -1.50% |
| Median Sold Price | $214.5K | $217K | 1.15% |
| Homes For Sale | 7,529 | 7,130 | -5.30% |
| Homes Sold | 48,837 | 53,726 | 10.01% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Indiana
Browse Homes in Indiana
There are currently 7,365 properties for sale in Indiana. The current home value ranges in price from 1 to 18,500,000. The total count of properties in the state is 2,211,265, and the percentage of properties for sale is 7365.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% of all residential properties in Indiana with Marion containing 750 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 92 counties within Indiana; of those counties, the estimated home value for pre-foreclosure homes ranges from $728,244 in Hendricks to the lowest home value of $28,256 in Vigo.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Indiana ranges from the highest value of $792,627 in Hamilton to the lowest value of $11,298 in Randolph. Bank owned homes and properties account for 0.02% of properties in Indiana. There are 92 counties within Indiana; Marion containing 81 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsMarion has 162 auction properties, the highest number of properties going to auction in a single county in the state of Indiana. Auction homes and other auction properties account for 0.05% of all properties in Indiana. There are 92 counties within Indiana; of those counties, the median estimated home value for homes going to auction ranges from $1,214,441 in Franklin to the lowest value of $26,047 in Franklin.
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More Real Estate Resources for Indiana
Guide for Indiana
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
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