Central Indiana housing market sees spring uptick in pended sales as inventory grows and prices remain stable

The central Indiana residential real estate market experienced an uptick in pended home sales in March, while home prices remained stable and available inventory continued to climb heading into the spring home buying season, according to F.C. Tucker Company.

• With 3,364 homes leaving the market, pended home sales increased 2% compared to March 2025 and increased 31.6% compared to last month
• Available housing inventory increased 22.1% compared to March 2025, and increased 5.7% compared to last month
• Homes sold in a median of 29 days, spending nine days longer on the market than this time last year.
• The median home sale price for the 16-county central Indiana region was $300,000, a 0.3% increase compared to March 2025.

In March 2026, 3,364 central Indiana homes were purchased, an increase of 2% compared to this time last year. All but three central Indiana counties saw increased in pended home sales.

• Decatur County has the greatest increase in March 2026, up 88.9% compared to this time last year
• Hancock County has the greatest decrease, with 9.9% fewer homes sold compared to March 2025.

Central Indiana year-to-date home sale prices increased 1.4% overall.

• Jackson County recorded the largest year-to-date median home sale price decrease, down 10.9% to $205,000.
• Hamilton County had the highest year-to-date median home sale price in the region at $405,000
• Homes sold in 29 days, spending nine days, or 45%, longer on the market than March 2025. Montgomery County homes sold 18 days, or 52.9%, faster than this time last year, leaving the market in 16 days.

Central Indiana experienced a 22.1% increase in overall home inventory in March 2026 compared to March 202, with 940 more homes available for sale.

• Jackson County had the largest inventory increase – up 53.3% compared to March 2025
• Brown County had the greatest inventory decrease in the 16-county central Indiana area compared to this time last year, down 9.4%

“As we enter the spring home buying season, the market is beginning to pick up momentum,” said Jim Litten, F.C. Tucker Company Chairman of the Board and CEO. “Pended sales are increasing, and with inventory up more than 20% year-over-year, buyers continue to have a greater selection. Prices also remain steady, signaling a healthy and balanced market overall.”

Shelby County’s real estate market is showing an increase in housing inventory, while prices remain stable. The residential real estate market in Shelby County experienced the following in March 2026:

• Pended home sales decreased 15.3% from last month but increased 19% year-over-year
• Available housing inventory increased 46.3% year-over-year
• The median home sale price was $244,245, a 2.3% increase compared to this time last year
• Homes in Shelby County spent 29 more days on the market than this time last year, selling in 63 days.

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