I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Indiana
💡 Key Indiana housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $242,113[1] | #40 of 50 states | 34% lower |
Median Listing Price | $290,750[2] | #45 of 50 states | 34% lower |
Median Sale Price | $260,900[3] | #44 of 50 states | 37.7% lower |
30 Year Mortgage Rate | 6.84%[4] | #3 of 50 states | 1.9% lower |
Median Days on Market | 46[5] | #11 of 50 states | 18.1% shorter |
Looking to buy or sell in Indiana?
Enter your zip code to match with top agents in your area!
🗺️ Buying a house in the Indiana real estate market
Indiana has an affordability score of 4.5, meaning it takes 4.5 years of the median household income ($58,235) to afford Indiana's median home sale price ($260,900). Because of this, we rank Indiana as the 4th most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $260,900[6] | #44 of 50 states | 37.7% lower |
30 Year Mortgage Rate | 6.84%[7] | #3 of 50 states | 1.9% lower |
Median Household Income | $58,235[8] | #35 of 50 states | 9.8% lower |
Affordability Ratio | 4.5 | #4 of 50 states | 29.9% lower |
Buyers Agent Commission | 2.50%[9] | #14 of 50 states | 1.5% lower |
Resources for Indiana home buyers
Preparing to buy in Indiana
🗺️ Selling a house in the Indiana real estate market
According to our detailed survey of Indiana real estate agents, listing agents (those representing the seller) charge an average commission in Indiana of 2.81%, which is the 18th highest in the United States. Buyers' agents charge an average commission of 2.5%, which is the 14th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $290,750[10] | #45 of 50 states | 34% lower |
Median Sale Price | $260,900[11] | #44 of 50 states | 37.7% lower |
Median Days on Market | 46[12] | #11 of 50 states | 18.1% shorter |
Buyer's Agent Commission | 2.50%[13] | #14 of 50 states | 1.5% lower |
Listing Agent Commission | 2.81%[14] | #33 of 50 states | 3.2% higher |
Resources for Indiana home sellers
Preparing to sell in Indiana
- 8 Steps to Selling a House in Indiana
- Average Time to Sell a House in Indiana
- When Is the Best Time to Sell a House in Indiana?
- Top Real Estate Agents in Indiana
Indiana home selling costs and requirements
Moving to Indiana
According to our recent moving trends survey[15], 5% of Americans indicated that they would choose to move to Indiana if money were no object. Likewise, 5% of survey respondents indicated that they would move to Indianapolis among a choice of America's largest cities.
Here's how Indiana cities rank in a number of our research studies.
Study | Best Indiana city | Rank |
Best Pizza Cities[16] | Indianapolis | 28th best |
Best Coffee Cities[17] | Indianapolis | 31st best |
Best LGBTQ Cities[18] | Indianapolis | 25th best |
Best Bike Cities[19] | Indianapolis | 36th best |
Best Commuter Cities[20] | Indianapolis | 22nd best |