Category: Latest Posts

  • Marion County, in Land Contract Cautions

    Land contracts let buyers pay sellers instead of using a mortgage, but Marion County buyers typically did not receive the deed until final payment.
    Marion County’s homeownership rate was ~55%, yet a local housing review said that headline number masked racial disparities in who could access traditional ownership.
    A local review of 600 Marion County contracts found ~85% went to Hispanic-sounding names, while four firms accounted for ~41% of recorded deals.
    In a review of ~40 Marion County contracts, default terms let sellers pursue eviction without notice, and some buyers were potentially removed without any filing.
    Possible protections included requiring land contracts to be filed with the county clerk and clarifying default terms, steps lawmakers discussed but had not finalized.

  • Up to 270 Homes Planned in Westfield

    City officials gave first-reading review to a rezone for 127 acres west of Eagletown Road, where plans allowed up to 270 single-family homes.
    The Westfield proposal featured homes sized 2,300 to 3,300 sq-ft, priced from $450K to $600K, with two lot styles and for-sale inventory.
    Plans included ~45 acres of open and green space, a central amenity area, tree preservation, and trails linking internal paths to existing public trails.
    Some councilors said they typically meet developers before agenda review and wanted more discussion; the developer said earlier meetings occurred before a city planning pause.
    Next review steps included an Aug. 3 hearing, a Sept. 21 workshop, an Oct. 5 recommendation vote, and a tentative Oct. 12 return.

  • Indiana Housing: What to Watch Next

    In Early-Q3, Indiana closed sales and new listings kept growing ahead of 2025, while statewide home prices posted steady yearly appreciation of 4%.
    New sales activity slowed slightly in Early-Q3 as higher mortgage rates dampened demand, a reminder for buyers and sellers to stay alert to financing conditions.
    Within Indiana, Northwest Indiana ranked second among metro markets for home sales, recording 752 closings in Early-Q3, with activity ↓1% from a year earlier.
    Michigan City-La Porte posted Indiana’s strongest MoM sales momentum among metro areas statewide, with closings ↑19% from Late-Q2 to 118 in Early-Q3.
    Northwest Indiana also ranked second for new listings, with 1.04K added in Early-Q3, though listing activity ↓6% from the same period yearly.

  • Indiana Home Sales Keep Climbing

    In Early-Q3, Indiana closed sales reached 8.1K, ↑5% yearly and marked a third straight month above 8K, signaling steady statewide buyer activity.
    New listings in Early-Q3 topped 10.6K, ↑5% yearly, while avg. daily inventory reached 18.3K, ↑11%, giving buyers more options across Indiana recently.
    Indiana's median sale price hit $285K in Early-Q3, ↑4% yearly, even as the median list price eased from Late-Q2 and 47% saw reductions.
    Buyers above $250K saw a more balanced Indiana market in Early-Q3: pending sales ↑3% yearly, while contracts below that budget threshold ↓10%.
    Rural and suburban Indiana counties led growth, with year-to-date and yearly gains of 6% and 5%, showing demand stayed active beyond metro areas.

  • Indiana home sales rise in first half of 2026

    Indiana home sales rise in first half of 2026

    Indiana's real estate market in the first half of 2026 showed growth with closed sales up 2.5% and new pending sales up 3% from 2025. The median home price rose 5% to $275,000 year-to-date, peaking at $290,000 in June. New listings increased 5%, and inventory was 13% higher than last year. Mortgage rates averaged 6.25%, easing affordability despite rising prices. Sales growth was strongest in rural and suburban areas, with higher-priced homes gaining market share.

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  • Land and Multifamily Remain Active in Hamilton County

    Hamilton County currently has 100 land parcels listed for sale, with a median asking price of $474,000 across those listings.
    In the past month, 613 homes were sold in Hamilton County, reflecting continued activity in the broader single-family housing market.
    Beyond single-family homes, the county saw activity across 139 condos, 128 townhouses, and 4 multi-family units listed for sale last month.
    A more recent snapshot shows a slightly different mix, with 121 condos, 114 townhouses, and 6 multi-family units listed for sale.
    This range of property types suggests Hamilton County offers options for buyers with different budgets, from vacant land to multi-family investment properties.

  • 261 homes planned for Eagletown Road in Westfield

    261 homes planned for Eagletown Road in Westfield

    A new development in Westfield plans up to 270 single-family homes on 127 acres near Eagletown Road and 186th Street. The project includes 45 acres of open space, trails connecting to public paths, and amenities like a pool, pickleball courts, playground, dog park, and gathering shelter. Homes will range from 2,300 to 3,300 sq ft, priced between $450,000 and $600,000. Public hearings and council votes are scheduled.

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  • Indiana Ranks Among the Most Affordable States

    Indiana ranked sixth for affordability in 2026, with a median home price of $267K and a modest ↑$7K yearly, keeping costs relatively approachable.
    That slower price growth lifted Indiana from ninth place a year earlier, improving its standing among the cheapest states for buyers seeking value.
    Fort Wayne and Indianapolis were the main drivers of Indiana's modest median sale price gains, showing where recent momentum remained strongest statewide.
    Even in Indiana's two biggest urban centers, conditions cooled from earlier boom years and shifted toward more balanced market dynamics for buyers and sellers.
    Current Indiana activity now reflected modest growth and more days on market, a sign of steadier pacing rather than the faster conditions seen earlier.

  • The least expensive states to live in for 2026

    The least expensive states to live in for 2026

    Consumer prices rose 3.5% over 12 months ending June 2026, driven mainly by energy costs. The most affordable states have cost of living indexes below the U.S. average, with Oklahoma ranking #1 due to low housing, transportation, and miscellaneous costs. Alabama and Mississippi follow, benefiting from cheap housing and healthcare. Utilities and healthcare costs vary widely, impacting overall affordability across states.

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  • Indiana Sales Rise in H1 2026

    Indiana's first half of 2026 brought ~39K closed sales, ↑2.5% yearly, while pending sales reached ~44.7K, ↑3%, showing buyers stayed active statewide.
    Prices also climbed: the statewide median reached $275K through Late-Q2, ↑5% yearly, and the monthly median peaked at $290K in the same period.
    Supply expanded faster than sales, with ~54.1K new listings, ↑5% yearly, and avg. daily inventory near 15.4K homes, ↑13%, giving buyers more choice.
    Homes took 20 days to reach contract, three days longer yearly, while 30-yr mortgage rates averaged ~6%, helping typical monthly payments stay close to flat.
    Indiana looked more balanced in first half 2026: sellers got ~96% of list price, more homes cut prices, yet inventory remained below 2019 levels.