10/12/2026
🏡 CENTRAL INDIANA REAL ESTATE MARKET UPDATE 📊 October 12, 2026
The market is changing, but that doesn't mean home values are falling!
September's numbers are in, and we're seeing a shift toward a more balanced real estate market across Central Indiana.
So, what does that mean if you're thinking about buying or selling?
📈 HOME VALUES ARE HOLDING STEADY
The median home price is $320,000, up 1.3% from last year. That's good news for homeowners!
However, buyers have more choices, and homes are taking a little longer to sell.
🏠 MORE HOMES, MORE COMPETITION
✔️ Available homes increased 16.3% compared to last year.
✔️ Homes are spending a median of 27 days on the market, compared to 20 days last September.
✔️ Pending sales declined 6.8% year over year.
The takeaway? Homes are still selling, but pricing, condition, and presentation matter more than ever.
💰 MORTGAGE RATES ARE IMPACTING BUYING POWER
With mortgage rates reaching 7.40%, affordability continues to be a challenge for some buyers.
For sellers, this means understanding what buyers can realistically afford. For buyers, it means exploring financing options and negotiating opportunities.
📍 LOCATION MATTERS!
Market conditions vary throughout Central Indiana. Marion, Hamilton, and Johnson counties are all experiencing different levels of inventory and buyer activity.
That's why understanding YOUR neighborhood is far more valuable than relying on national headlines.
🌴 THINKING ABOUT DOWNSIZING?
There's encouraging news for those considering low-maintenance living!
Condo sales increased in September, although buyers have more options than they did a year ago.
If you've been thinking about simplifying your lifestyle, moving into a paired-patio home, or finding a home that better fits your next chapter, now is a great time to explore your options.
💡 MY TAKEAWAY
We're not seeing a collapsing market. We're seeing a market that rewards preparation, realistic pricing, and smart decisions.
Whether you're buying, selling, or simply exploring your options, having a strategy matters.
I've been helping Central Indiana homeowners navigate changing markets for 20 years, and one thing remains true: Real estate is local, and every move deserves a plan.
📲 Let's talk about what these changes mean for YOU!
Dawn McClara