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INDIANAPOLIS - The Indiana Association of Realtors (IAR) has released statewide real estate market data for the first six months of 2026, showing gains in home sales and new listings along with rising property values compared to 2025. Other highlights include:
• June’s 8,563 closed sales were 8% higher than 2025; last month also brought 8,141 new pending sales, up 3% year-over-year.
• For the first half of 2026, closed sales (38,971) are 2.5% ahead of 2025 while new pending sales (44,676) are 3% higher.
• Homes sold for a statewide median of $275,000 year-to-date, a 5% year-over-year increase, peaking at a monthly median of $290,000 in June.
• New listing rose to 54,106 through June, 5% more than last year.
• In terms of overall inventory, 15,402 homes have been available for sale on an average day in 2026, 13% above 2025.
• It’s taken 20 days for homes to go under contract this year, three days longer than the first half of 2025.
Looking at year-to-date trends, interest rates and affordability challenges remain top of mind. The 30-year mortgage rate has averaged 6.25% on a weekly basis in 2026 (via the Freddie Mac Primary Mortgage Market Survey), more than 50 basis points below 2025.
“Even though our median sale price is up 5% over the first half of 2025, the monthly payment on a typical home is only up 1%,” said Aaron Luttrull, 2026 IAR chair and the president and managing broker of Schuler Bauer Real Estate Services, New Albany. “Lower rates are helping buying power keep up with price growth.”
