Available housing inventory continues to climb in November in central Indiana

Available housing inventory continued to climb in November throughout central Indiana despite a slight decrease in pended home sales, according to F.C. Tucker Company.

• Available housing inventory increased 27% compared to November 2024
• Pended home sales decreased 2.1% compared to November 2024
• Homes spent three days longer on the market than this time last year, selling in 17 days
• Compared to November 2024, the median home sale price for the 16-county central Indiana region increased 3.4% to $305,000

In November 2025, 2,296 central Indiana homes were purchased, a decrease of 2.1% from the 2,345 sold in November 2024

• Decatur County had the greatest increase in pended home sales in November 2025, up 50% compared to this time last year
• Putnam County pended sales had the greatest decrease, with 52.6% fewer homes sold compared to November 2024

Central Indiana year-to-date home sale prices increased 3.3% overall. All but two counties in the 16-county central Indiana area saw an increase in the median sale price.

• Bartholomew County and Morgan County year-to-date median home sale prices remained the same as 2024, at $265,000 and $295,000, respectively.
• Hamilton County had the highest year-to-date median home sale price in the region at $459,000
• Putnam County had a minimal increase -- $265,000 in November 2025 to $255,000 in the same month in 2024
• Homes sold in 17 days, spending three days or 21.4%, longer on the market than November 2024. Boone County homes sold one day, or 7.7%, faster than this time last year, leaving the market in 12 days

Central Indiana experienced a 27% increase in overall home inventory in November 2025, compared to November 2024, with 1,381 more homes available for sale.

• Hancock County had the largest inventory increase – up 243.9% compared to November 2024
• Montgomery County had the greatest inventory decrease in the 16-county central Indiana area compared to this time last year, down 4.8%
• Putnam County had a 1.1% decrease in November of 2025 (93 listings) compared to November of 2024 (94 listings)

“While the residential real estate market typically slows down slightly during the holiday season, central Indiana’s market remains attractive for prospective home buyers,” said Jim Litten, CEO of F.C. Tucker Company. “Central Indiana home sale prices remain stable, mortgage rates have decreased almost a full percentage point since the beginning of the year, and we saw homes selling in just 17 days in November – compared to a median of 64 days nationally.”