Summer residential real estate market continues to see increased activity

Despite a slight increase in home sale prices, central Indiana’s residential real estate market continues to be active with pended home sales and inventory continuing to climb in July.

According to F.C. Tucker Company, part of the Howard Hanna family of companies:

• Pended home sales increased 10% compared to July 2024.
• Available housing inventory increased 24.8% compared to July 2024.
• Homes spent two days longer on the market than this time last year, selling in 14 days.
• Compared to July 2024, the median home sale price for the 16-county central Indiana regional increased 6.3% to $317,900.

In July 2025, 3,164 central Indiana homes were purchased, an increase of 10% from the 2,877 sold in July 2024.

• Hancock County has the greatest increase in pended home sales in July 2025, up 47% compared to this time last year.
• Decatur County pended sales had the greatest decrease, with 48.3% fewer homes sold compared to July 2024.

Central Indiana year-to-date home sale prices increased 3.4% overall.

• Shelby County recorded the highest year-to-date median home sale price decrease, down 2% to $240,000 (pended single-family and condominium sales were 48 in July 2024 and 58 in July 2025; active listings inventory went from 88 in July 2024 to 103 in July 2025).
• Hamilton County had the highest year-to-date median home sale price in the region at $460,000.
• Homes sold in 14 days, spending two days or 16.7%, longer on the market than July 2024. Boone County homes sold 16.7% faster than this time last year, the greatest – and only – increase in central Indiana.

Central Indiana experienced a 24.8% increase in overall available home inventory in July 2025, compared to July 2024, with 1,215 more homes available for sale.

• Jackson County had the largest inventory increase – up 60% compared to July 2024.
• Putnam County had the greatest inventory decrease compared to this time last year, down 22.9%.

“In July, central Indiana saw the largest increase in pended home sales yet this year,” said Jim Litten, president of F.C. Tucker Company. “As available inventory continues to climb and prices remain moderate, we anticipate more prospective buyers entering the market.”

Of the pended home sales in the regional last month, 13 were priced $2,000,000 or higher; 66 were priced $1,000,000 to $1,900,000; 437 were priced $500,000 to $999,999; 1,157 were priced $300,000 to $499,999; 899 were priced $200,000 to $299,999; 517 were priced $100,000 to $199,999; and 75 were priced at $99,999 or less.

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