Indiana housing market: home prices by city and forecast
Indiana home prices: according to the Zillow Home Value Index, a typical home was worth $257,165 in September 2026, up +2.9% from a year earlier.
- Typical value for a home
- $257,165September 2026, Zillow ZHVI
- Change over 12 months
- +2.9%US +1.2%
- Change over 10 years
- +96.9%US +77.4%
- 2000-to-present multiple
- ×2.62US ×2.99
- Home value relative to income
- 3.6, with median income $71,959.
In highest-first rankings among the 50 states and DC, typical home value placed 41st, while the 12-month change placed 16th. Growth since 2000 ranked 33rd of 47, and price to income ranked 41st.
Indiana home prices since 2000
A typical home in Indiana rose from $98,279 in January 2000 to $257,165, with September 2026 setting the highest monthly value at $257,165.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $98,407 | $101,924 | $103,772 | $105,570 | $108,523 | $114,514 | $117,717 | $119,654 | $119,570 | $116,564 |
| 2010s | $115,258 | $112,110 | $112,499 | $114,948 | $118,946 | $123,402 | $129,312 | $136,654 | $146,443 | $156,540 |
| 2020s | $168,528 | $193,874 | $219,939 | $229,155 | $240,129 | $248,898 |
Indiana home prices since 1975: the FHFA index
The FHFA's repeat-sales index (1975 = 100) placed Indiana at 821 for 2025. During Q2 2026, it stood +4.6% above a year earlier.
According to the Census of Housing, owners reported an Indiana value of $2,406 in 1940 and $94,300 in 2000.
| Census year | Indiana median value | US median value |
|---|---|---|
| 1940 | $2,406 | $2,938 |
| 1950 | $6,226 | $7,354 |
| 1960 | $10,200 | $11,900 |
| 1970 | $13,800 | $17,000 |
| 1980 | $37,200 | $47,200 |
| 1990 | $53,900 | $79,100 |
| 2000 | $94,300 | $119,600 |
These figures do not account for inflation. Census of Housing tables
Home prices in Indiana by city
Individual pages are available for 4 cities, listed largest first:
| City | Typical value for a home | Change over 12 months | 2000-to-present multiple |
|---|---|---|---|
| Indianapolis | $227,445 | −0.9% | |
| Fort Wayne | $245,193 | +3.3% | |
| Evansville | $203,571 | +4.3% | |
| Bloomington | $312,287 | +1.2% | |
| South Bend | $198,280 | +7.3% | |
| Lafayette | $264,702 | +2.9% | |
| Elkhart | $229,980 | +6.1% | |
| Fishers | $445,030 | +1.7% | |
| Carmel | $575,492 | +4.5% | |
| Terre Haute | $158,602 | +0.4% | |
| Greenwood | $325,851 | +1.1% | |
| Muncie | $153,572 | +3.2% | |
| Valparaiso | $359,786 | +2.5% | |
| Noblesville | $392,405 | +2.0% | |
| Gary | $87,485 | −0.9% |
Source: Zillow Home Value Index, September 2026.
Indiana price forecasts for metro areas
Starting September 2026 for 4 Indiana metros, Zillow's 12-month forecasts range from +1.9% to +3.8%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Indianapolis, IN | +0.8% | +1.9% |
| Fort Wayne, IN | +1.3% | +3.8% |
| Evansville, IN | +1.0% | +2.9% |
| Bloomington, IN | +0.7% | +2.2% |
This is Zillow's estimate, not investment advice.
Living costs in Indiana
At US 100, BEA data give Indiana an overall price level of 93.3. The category levels are 73.9 for housing, 95.5 for goods, 85.5 for utilities, and 99.1 for other services. Census ACS 2024 reports median household income of $71,959 and median gross rent of $1,104 a month; 71% of homes are owner-occupied, with a median year built of 1977.
State information is available under living costs by state; the city listing covers Indianapolis.
How to read the chart
The first chart shows dollar values and reaches its high of $257,165 in September 2026. The second chart uses an index, with Indiana's line ending at 821; prices there stand at 8.2 times their 1975 level. Inflation adjustments are not included in either chart.