Indiana
Local Housing Market · Zillow ZHVI · May 2026
$259,711
Typical Home Value
▲ 3.0% YoY ▲ 0.05% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Indiana Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$259,711
▲ 3.0% YoY
Month-over-Month
▲ 0.05% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Indiana
Market Indicators
REALTOR.COM🏦 LO Market Signal · June 2026
• Inventory is up 12.6% YoY and listing prices are softening 1.6% YoY with 22.6% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 45 days — a moderate-paced market. Pending ratio is 0.65 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 5.6% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$305,000
▼ 1.6% YoY
Median Days on Market
45d
0d YoY
Active Listings
16,487
▲ 12.6% YoY
New Listings
9,860
▲ 5.6% YoY
Price Reduced Share
22.6%
of active listings
Pending Ratio
0.65
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Indiana
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · June 2026
Elkhart-Goshen
▼ COOLING
National rank #36
Median Price
$345,000
Median DOM
30d
Demand score 75/100
Fort Wayne
▼ COOLING
National rank #65
Median Price
$329,825
Median DOM
38d
Demand score 75/100
Lafayette-West Lafayette
▼ COOLING
National rank #69
Median Price
$389,950
Median DOM
38d
Demand score 73/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply