Thinking about buying or selling a home in Central Indiana? What to know
The Central Indiana housing market is expected to see changes in 2026, with mortgage rates and home prices affecting buyers and sellers. As the spring housing market begins, experts predict a modest increase in sales, with lower mortgage rates potentially leading to more sales.
The Central Indiana housing market has been unpredictable since the pandemic. Mortgage rates have bounced back up to 6.22% after dipping under 6% in February. The median home price in Central Indiana rose 4.3% last year to $315,000. There is currently a three-month inventory in Marion County and a two-month inventory in Hamilton County, giving sellers an edge. Local agents are seeing an increase in showings for homes at or below $300,000. The market is expected to become clearer in the next few weeks.
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