05/11/2026
Housing Stats from Indiana Association of Realtors
Statewide home sales had their biggest April since 2022 while more listings hit the market than any single month since June 2022 with mortgage rates running more than forty basis points below 2025 over the last six weeks.
April closed sales finished 3% ahead of 2025 at 7,106; new pending sales (8,591) were up 8% year-over-year.
Homes sold for a median of $274,400, 4% higher than April 2025 and representing 96.3% of the original list price (as compared to 96.5% a year ago); the median price per square foot for existing homes has risen 3% over the last twelve months.
Sellers seemed eager to capitalize on positive price growth and equity gains last month with 10,798 new listings, 11% higher than 2025.
Year-to-date, more homes have come to market in 2026 than any year since 2019 with 33,030 new listings through April; total inventory was 14% higher than 2025 with 14,829 homes for sale on an average day last month.
Even with higher supply, homes went under contract in 15 days, closing the gap with 2025 (17 days from listing to pending last April).
Improved mortgage rates have also helped affordability: Even with the median sale price up 3% year-to-date, Indianaโs median monthly mortgage payment is lower than 2025 โ buying power is keeping up with price appreciation.
