The Indiana Association of Realtors says Indiana’s real estate market posted modest growth in 2025.

Closed home sales totaled just over 80,100 statewide, up two percent from the year before. The median sale price climbed nearly five percent to about $267,000.

Sales were also up three percent in the Indianapolis metro, which tied with Bloomington as the state’s most expensive markets at $315,000. More homes were available, with new listings rising five percent and inventory reaching a five-year high.

Buyers gained leverage as homes took longer to sell and price reductions increased.

Home values continued to rise, benefiting long-term homeowners, while higher mortgage rates continued to challenge first-time buyers.