Market Watch
Central Indiana Housing Market Reaches Midyear with Record Home Prices
and Growing Inventory
INDIANAPOLIS — As the central Indiana housing market reached the halfway point of 2026, it saw growing inventory, a record median home sale price and pending home sales exceeding last year’s pace, according to F.C. Tucker Company, part of the Howard Hanna family of companies.
- With 3,291 homes leaving the market, pended home sales decreased 8.4 percent since last month but increased 4.3 percent compared to June 2025.
- Available housing inventory increased 14.9 percent compared to June 2025 and increased 7.7 percent compared to last month.
- Homes sold in a median of 18 days, spending four days longer on the market than this time last year.
- The median home sale price for the 16-county central Indiana region was $323,250 – an increase of 1 percent since last year – and an all–time high in central Indiana.
In June 2026, 3,291 central Indiana homes were purchased, an increase of 4.3 percent compared to this time last year.
- Hancock County had the greatest increase in pended home sales in June 2026, up 17.6 percent compared to this time last year.
- Jennings County pended sales had the greatest decrease, with 37.5 percent fewer homes sold compared to June 2025.
Central Indiana year-to-date home sale prices increased 1.6 percent overall.
- Jennings County recorded the largest year-to-date median home sale price decrease, down 9.1 percent to $199,000.
- Hamilton County had the highest year-to-date median home sale price in the region at $474,900.
- Homes sold in 18 days, spending four days, or 28.6 percent, longer on the market than June 2025. Putnam County homes sold nine days, or 34.6 percent, faster than this time last year, leaving the market in 17 days.
Central Indiana experienced a 14.9 percent increase in overall available home inventory in June 2026, compared to June 2025, with 869 more homes available for sale.
- Madison County had the largest inventory increase – up 60.4 percent compared to June 2025.
- Jennings County had the greatest inventory decrease in the 16-county central Indiana area compared to this time last year, down 13 percent.
“As we enter the second half of the year, we are seeing a very healthy central Indiana housing market,” said Jim Litten, CEO of F.C. Tucker Company. “Inventory is growing, buyer demand remains strong and the median home sale price reached a record high in June, reflecting the long-term strength of our market. Those strong home values are allowing many sellers to use the equity they’ve built to purchase their next home, while buyers are benefiting from increased inventory. Together, those trends are fueling strong market activity.”
Of the pended home sales in the region last month, 15 were priced $2,000,000 or higher; 84 were priced $1,000,000 to $1,999,999; 545 were priced $500,000 to $999,999; 1,160 were priced $300,000 to $499,999; 928 were priced $200,000 to $299,999; 482 were priced $100,000 to $199,999; and 77 were priced at $99,999 or less.
Editor’s Notes:
- All statistics were compiled by F.C. Tucker Company from a report drawn from BLC® statistics on October 8, 2024. Because of delayed processing through other agencies or boards, these numbers are subject to change.
- Effective April 7, 2019, data from MIBOR only reports on single family homes and excludes condo sales. F.C. Tucker will continue to include condo sales in this report.
- “Pending” means the sales contract has been signed, but the transaction has not closed. According to the NAR, pending sales typically are finalized within a month or two of signing.
- “Active Listings – Inventory” is a snapshot frozen in time at the end of the stated month. Per MIBOR, effective April 1, 2018, “Active with Contingency” no longer is a status in the BLC® listing service in order to present a true picture in advertising and marketing. Those listings that were in the “Active with Contingency” status have been moved from the “Active” status to the “Pending” status.
- For this report, F.C. Tucker tracks the following counties: Bartholomew, Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Jackson, Jennings, Johnson, Madison, Marion, Montgomery, Morgan, Putnam and Shelby. The first report tracking Jackson County data was pulled August 7, 2019.
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES
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ACTIVE LISTINGS – INVENTORY
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AVERAGE SALE PRICE
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Founded in 1918, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than $5 billion in annual sales, more than 40 offices, and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. F.C. Tucker’s family of businesses includes a full range of real estate services—mortgages, title insurance, relocation services, a full line of insurance products, auctioning and homeowner warranty products. We have earned a reputation for our exceptional service, experienced sales associates and “Golden Rule” commitment to clients and employees. In 2021, F.C. Tucker formed a partnership with Pittsburgh-based Howard Hanna Real Estate Services, the nation’s largest independently owned real estate brokerage firm, furthering each company’s ability to provide best-in-class service and enhance the real estate experience for clients by providing best-in-class agents, products and services. For more information, visit talktotucker.com.