Indiana Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Indiana?
The Indiana housing market is showing balanced conditions.
home values have grown a moderate 2.8% year-over-year. there are currently 568 homes on the market.
Median Home Value
$246,174
Zillow Home Value Index
Year-over-Year
+2.8%
Home value change
5-Year Change
+40.4%
Since 2021
Median Rent
$1,154/mo
Zillow Observed Rent Index
Active Listings
568
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Indiana vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Indiana: $1,154/mo (+4.5% YoY)
Rent vs. Buy Analysis
With a median home value of $246,174 and average rent of $1,154/mo, the price-to-rent ratio in Indiana is 17.8. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Indiana
Explore housing data for 12 metro areas in Indiana. Click any market for detailed trends and analysis.
Angola, IN
$299,757
Avg rent: $1,251/mo
Bloomington, IN
$288,262
Indianapolis, IN
$283,408
Avg rent: $1,508/mo
Lafayette, IN
$271,800
Warsaw, IN
$271,351
Avg rent: $1,123/mo
Columbus, IN
$265,333
Elkhart, IN
$251,055
Avg rent: $1,114/mo
Greensburg, IN
$246,093
Fort Wayne, IN
$245,239
Avg rent: $1,147/mo
Plymouth, IN
$245,068
Michigan City, IN
$242,861
Avg rent: $1,196/mo
Auburn, IN
$240,583
Continue Learning About Indiana
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.