Market Intelligence · IN
Indiana home prices and housing market.
Real market data across 22 cities and 116 ZIP markets in IN. The typical home is worth about $234K.
Updated September 2026Typical value$234K
The typical home value in Indiana is $234K as of September 2026, up 4.7% from a year ago, based on the Zillow Home Value Index. In the typical Indiana ZIP code, the median list price is $265K and homes spend a median of 52 days on market as of September 2026 (Realtor.com).
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Prices over time
Indiana home prices over time
Typical home values in Indiana are up 4.7% over the past year, from $223K in September 2025 to $234K in September 2026.
| Month | Typical value | 1-yr change |
|---|---|---|
| September 2026 | $233,780 | +4.7% |
| September 2025 | $223,270 | No prior year |
Typical value is the median Zillow Home Value Index across Indiana ZIP codes, taken in September of each year so every row compares the same month.
Market balance
Is Indiana a buyer's or seller's market?
Indiana is roughly balanced between buyers and sellers.
These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.
Based on a median of 52 days on market and 20% of listings with a price cut in the typical Indiana ZIP code, and 8,378 new listings against 19,467 active listings across Indiana, as of September 2026 (Realtor.com).
The outlook
Indiana housing market forecast 2027
+2.7%
Weighted average of Zillow's ZIP forecasts, 12 months to September 2027
A weighted average of Zillow's ZIP forecasts, across 599 Indiana ZIP codes, points to typical home values rising 2.7% by September 2027.
Over the 12 months through September 2026, typical home values in Indiana rose 4.7%, per the Zillow Home Value Index.
Will home prices drop in Indiana?
The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Indiana shows typical home values rising 2.7% by September 2027, after a 4.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.
How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 599 Indiana ZIP codes have both figures.
Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
Market board
Which Indiana markets have the highest home values?
As of September 2026
- 1Carmel, IN$588,685Up4.9%2 ZIP markets; open the Carmel, IN market page
- 2Fishers, IN$427,372Up1.6%1 ZIP market; open the Fishers, IN market page
- 3Bloomington, IN$324,751Up1.9%4 ZIP markets; open the Bloomington, IN market page
- 4Mill Creek, IN$320,217Up4.9%1 ZIP market; open the Mill Creek, IN market page
- 5Warsaw, IN$286,027Up5.5%2 ZIP markets; open the Warsaw, IN market page
- 6Indianapolis, IN$253,595Down1.0%36 ZIP markets; open the Indianapolis, IN market page
- 7Ramsey, IN$246,679Up3.5%1 ZIP market; open the Ramsey, IN market page
- 8Elkhart, IN$244,258Up5.9%3 ZIP markets; open the Elkhart, IN market page
- 9Economy, IN$232,874Up9.5%1 ZIP market; open the Economy, IN market page
- 10Edinburgh, IN$230,034Up3.9%1 ZIP market; open the Edinburgh, IN market page
- 11Fort Wayne, IN$216,754Up3.5%16 ZIP markets; open the Fort Wayne, IN market page
- 12Evansville, IN$209,638Up3.5%9 ZIP markets; open the Evansville, IN market page
- 13English, IN$191,930Up2.9%1 ZIP market; open the English, IN market page
- 14Brazil, IN$190,236Up2.3%1 ZIP market; open the Brazil, IN market page
- 15Morocco, IN$189,027Up3.2%1 ZIP market; open the Morocco, IN market page
- 16Anderson, IN$184,411Up2.7%5 ZIP markets; open the Anderson, IN market page
- 17South Bend, IN$179,938Up7.6%10 ZIP markets; open the South Bend, IN market page
- 18Terre Haute, IN$178,482Up0.9%5 ZIP markets; open the Terre Haute, IN market page
- 19Hammond, IN$170,125Down0.2%4 ZIP markets; open the Hammond, IN market page
- 20Peru, IN$152,331Up8.0%1 ZIP market; open the Peru, IN market page
- 21Muncie, IN$122,148Up1.6%4 ZIP markets; open the Muncie, IN market page
- 22Gary, IN$77,283Down3.5%7 ZIP markets; open the Gary, IN market page
Typical value is the median Zillow home value (ZHVI) across each city's ZIP codes, as of September 2026. 1-yr change compares that median to the same ZIPs a year earlier. More IN markets publish as their data clears editorial QA.
Zillow ZHVI, September 2026
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Common questions
Questions about Indiana home prices.
What is the typical home price in Indiana?
The typical home price in Indiana is about $234K as of September 2026, based on the Zillow Home Value Index (the median of the index across Indiana ZIP codes). In the typical Indiana ZIP code, the median list price is $265K as of September 2026 (Realtor.com), which reflects what sellers are asking rather than what homes sell for.
Are home prices going up or down in Indiana?
Typical home values in Indiana are up 4.7% over the past year, based on the Zillow Home Value Index as of September 2026.
Is Indiana a buyer's or seller's market?
Indiana is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 52 days on market and 20% of listings with a price cut in the typical Indiana ZIP code, and 8,378 new listings against 19,467 active listings across Indiana, as of September 2026 (Realtor.com).
How long do homes take to sell in Indiana?
In the typical Indiana ZIP code, homes spend a median of 52 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.
The market is moving