Central Indiana housing market offers buyers more choices as inventory climbs

As available inventory continued to grow in July, the central Indiana housing market offered buyers more options and greater negotiating power while home prices reached another all-time high, according to F.C. Tucker Company.

The housing market in Shelby County saw available inventory increase 24.3%; pended home sales decrease 17.2% year-over-year; homes spent 11 more days on the market than this time last year, selling in 32 days; and the median home sale price was $244,900.

Within the central Indiana housing market:

• With 3,029 homes leaving the market, pended home sales decreased 4.3% compared to July 2025 and decreased 8% compared to last month.
• Available housing inventory increased 19.7% compared to July 2025 and increased 9.4% compared to last month.
• Homes sold in a median of 18 days, spending four days longer on the market than this time last year.
• The median home sale price for the 16-county central Indiana region was $324,945 – and increased of 2.2% since last year – another all-time high in central Indiana.

“While mortgage interest rates creep higher in recent weeks, the central Indiana housing market continues to offer opportunities for both buyers and sellers,” said Jim Litten, CEO of F.C. Tucker Company. “Inventory has grown significantly over the past year, giving buyers more homes to choose from and greater negotiating power. At the same time, home prices remain well below the national median, making central Indiana an attractive and affordable market. Sellers continue to benefit from record home values, while buyers are finding more options than they’ve had in several years.”

The Shelby County Post is a digital newspaper producing news, sports, obituaries and more without a pay wall or subscription needed.