Is now a good time to buy a home in Indiana?
The typical home value in Indiana is $261K as of Aug 2026 (Zillow Home Value Index), up 3.0% from a year earlier. Over five years prices have compounded at +5.1% a year. Prices are 9.0% below their 10-year trend line.
Indiana price trend & forecast
Cities in Indiana ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Gary | $93K | -0.6% | +4.5% | +1.8% | ACCUMULATE | 80/100 |
| Martinsville | $302K | +3.0% | +5.0% | +2.1% | ACCUMULATE | 65/100 |
| Avon | $357K | +1.3% | +3.4% | +0.7% | ACCUMULATE | 64/100 |
| Westfield | $476K | +3.2% | +4.4% | +2.2% | ACCUMULATE | 64/100 |
| Warsaw | $284K | +5.5% | +5.2% | +4.2% | BUY | 64/100 |
| Fort Wayne | $250K | +3.5% | +6.0% | +2.1% | ACCUMULATE | 63/100 |
| Noblesville | $395K | +2.0% | +4.4% | +1.4% | ACCUMULATE | 63/100 |
| Brownsburg | $360K | +1.4% | +4.1% | +0.7% | ACCUMULATE | 63/100 |
| Franklin | $286K | +2.1% | +4.9% | +0.8% | ACCUMULATE | 63/100 |
| Greenfield | $290K | +1.7% | +4.8% | +0.8% | ACCUMULATE | 63/100 |
| Fishers | $447K | +1.7% | +4.2% | +1.2% | ACCUMULATE | 62/100 |
| Carmel | $579K | +4.6% | +5.9% | +3.5% | BUY | 62/100 |
| Goshen | $285K | +5.2% | +5.2% | +3.1% | BUY | 62/100 |
| La Porte | $283K | +4.0% | +5.8% | +3.5% | BUY | 62/100 |
| Greenwood | $329K | +1.0% | +3.3% | -0.0% | ACCUMULATE | 61/100 |
| Hobart | $247K | +1.5% | +4.5% | +1.9% | ACCUMULATE | 61/100 |
| Shelbyville | $228K | +0.5% | +4.9% | +0.9% | ACCUMULATE | 61/100 |
| Mooresville | $315K | +2.1% | +4.6% | +1.0% | ACCUMULATE | 61/100 |
| New Haven | $248K | +3.8% | +6.4% | +2.2% | ACCUMULATE | 61/100 |
| Hammond | $181K | +1.7% | +4.8% | +1.0% | WAIT | 60/100 |
| Plainfield | $335K | +1.5% | +3.7% | +0.1% | ACCUMULATE | 60/100 |
| Logansport | $163K | +1.1% | +6.0% | +2.0% | WAIT | 60/100 |
| Huntington | $204K | +5.3% | +6.5% | +4.0% | BUY | 60/100 |
| East Chicago | $133K | -3.2% | +5.5% | +0.1% | WAIT | 60/100 |
| Frankfort | $220K | +6.8% | +7.2% | +2.2% | ACCUMULATE | 60/100 |
| Merrillville | $246K | +1.4% | +3.8% | -0.1% | WAIT | 59/100 |
| Portage | $271K | +0.2% | +3.8% | +0.3% | ACCUMULATE | 59/100 |
| Zionsville | $710K | +6.7% | +6.1% | +3.7% | BUY | 59/100 |
| South Bend | $203K | +7.2% | +7.6% | +3.4% | BUY | 58/100 |
| Lafayette | $270K | +3.0% | +5.5% | +1.4% | ACCUMULATE | 58/100 |
| Richmond | $166K | +7.4% | +7.1% | +4.8% | BUY | 58/100 |
| New Castle | $173K | +2.8% | +5.9% | +1.1% | WAIT | 58/100 |
| Crown Point | $363K | +1.8% | +3.1% | +0.5% | ACCUMULATE | 57/100 |
| Jeffersonville | $254K | +1.4% | +4.3% | -0.2% | WAIT | 57/100 |
| Crawfordsville | $232K | +4.3% | +5.4% | +2.0% | ACCUMULATE | 57/100 |
| Auburn | $285K | +5.9% | +6.1% | +2.6% | ACCUMULATE | 57/100 |
| Schererville | $361K | +1.8% | +3.1% | +0.6% | ACCUMULATE | 56/100 |
| Highland | $271K | +2.1% | +4.0% | +1.1% | ACCUMULATE | 56/100 |
| Griffith | $253K | +2.1% | +4.6% | +0.7% | WAIT | 56/100 |
| Valparaiso | $364K | +2.6% | +4.1% | +0.6% | ACCUMULATE | 55/100 |
| Columbus | $281K | +2.1% | +5.0% | +0.5% | ACCUMULATE | 55/100 |
| Munster | $359K | +1.8% | +3.1% | +1.2% | ACCUMULATE | 55/100 |
| Greencastle | $250K | +4.4% | +5.4% | +0.6% | ACCUMULATE | 55/100 |
| Lowell | $337K | +1.9% | +4.0% | +0.4% | ACCUMULATE | 55/100 |
| Bloomington | $317K | +1.3% | +3.7% | -0.3% | WAIT | 54/100 |
| Elkhart | $235K | +6.3% | +6.0% | +2.0% | ACCUMULATE | 54/100 |
| Terre Haute | $163K | +0.9% | +5.2% | +1.5% | WAIT | 54/100 |
| Lebanon | $305K | +4.1% | +5.8% | +0.4% | WAIT | 54/100 |
| Dyer | $363K | +1.8% | +3.0% | +0.3% | ACCUMULATE | 54/100 |
| Brazil | $196K | +2.8% | +5.8% | +0.5% | WAIT | 54/100 |
| Newburgh | $321K | +3.1% | +4.5% | +0.2% | ACCUMULATE | 53/100 |
| Plymouth | $255K | +7.1% | +6.1% | +2.1% | ACCUMULATE | 53/100 |
| Clarksville | $208K | +3.0% | +5.3% | +0.1% | WAIT | 53/100 |
| Decatur | $239K | +7.3% | +7.7% | +2.7% | ACCUMULATE | 53/100 |
| Seymour | $234K | +1.8% | +4.9% | +0.1% | ACCUMULATE | 52/100 |
| Bedford | $210K | +1.1% | +4.2% | -0.9% | WAIT | 52/100 |
| Evansville | $205K | +4.4% | +5.2% | +0.9% | ACCUMULATE | 51/100 |
| West Lafayette | $368K | +1.3% | +4.4% | -0.4% | WAIT | 51/100 |
| Mishawaka | $217K | +5.9% | +6.0% | +0.9% | WAIT | 51/100 |
| New Albany | $240K | +2.9% | +4.9% | -0.0% | WAIT | 51/100 |
| Lawrence | $269K | +0.1% | +3.9% | -1.7% | WAIT | 51/100 |
| Granger | $421K | +3.9% | +5.0% | +0.8% | ACCUMULATE | 51/100 |
| Greensburg | $269K | +5.3% | +5.4% | +0.5% | WAIT | 51/100 |
| Vincennes | $173K | +5.2% | +6.2% | +1.3% | ACCUMULATE | 50/100 |
| Jasper | $272K | +4.9% | +5.1% | +0.5% | ACCUMULATE | 49/100 |
| Muncie | $158K | +3.6% | +6.6% | +0.1% | WAIT | 48/100 |
| Anderson | $135K | +0.8% | +5.7% | -3.1% | WAIT | 48/100 |
| Madison | $248K | +4.4% | +6.5% | -0.0% | WAIT | 48/100 |
| Connersville | $160K | +0.9% | +7.6% | -1.1% | WAIT | 48/100 |
| North Vernon | $216K | +5.3% | +6.0% | -0.6% | WAIT | 48/100 |
| Indianapolis | $230K | -0.9% | +3.6% | -2.7% | WAIT | 47/100 |
| Marion | $142K | +3.5% | +5.6% | +0.3% | WAIT | 47/100 |
| Kokomo | $186K | +4.3% | +6.6% | -0.2% | WAIT | 45/100 |
| Peru | $155K | +8.1% | +6.4% | -0.0% | WAIT | 41/100 |
Frequently asked questions
Is now a good time to buy a home in Indiana?
As of Aug 2026, our buy-timing signal for Indiana is WAIT — the model projects prices about -3.1% lower around Feb 2027. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 55/100.
Will home prices in Indiana go down in 2027?
The model projects +0.4% over the next 12 months: about $262K by Aug 2027, with an 80% range of $257K–$267K (today $261K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Indiana?
The typical (mid-tier) home value in Indiana is $261K as of Aug 2026, +3.0% year over year.
What is the cheapest time of year to buy in Indiana?
Historically, prices in Indiana run lowest in February, about 1.9% below the annual average, and highest in August.
Which areas in Indiana have the best buy-timing right now?
Highest buy-timing scores: Gary (80/100, ACCUMULATE), Martinsville (65/100, ACCUMULATE) and Avon (64/100, ACCUMULATE). Fastest-rising prices: Peru (+8.1%), Richmond (+7.4%) and Decatur (+7.3%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.