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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowExisting-home sales in central Indiana jumped in June despite an available inventory skewed toward higher-priced houses.
Closed existing-home sales in the 17-county area rose 9.6% on a year-over-year basis, from 2,741 in June 2024 to 3,004 in June 2025, according to the latest data from the MIBOR Realtor Association.
The increase was only the second of the year and was the largest since December, when sales surged 8.1%.
The median sales price for a home in the area rose 1.6% in June, to $325,000.
The active inventory of homes rose from 4,373 in June 2024 to 5,338 last month, a 22.1% year-over-year increase.
New listings were up 5% from a year ago, to 3,574.
Pending sales were up 16.8% in May compared with the same month a year ago.
“Despite fluctuations in mortgage rates, home sales saw their largest year-over-year growth in six months,” MIBOR CEO Shelley Specchio said in written remarks. “While inventory levels continue to improve, prices remain elevated due to higher borrowing costs continuing to skew the mix of available
inventory toward higher-priced homes.”
Home sellers in central Indiana received 98.5% of their asking price in June, up slightly from 98.8% a year ago.
Marion County
In Marion County, closed sales in June rose 5.5% from a year ago, to 1,037. The median sales price in the county 2.6% from a year ago, to $256,200.
Other area counties
In Hamilton County, sales were up 4.7% in June on a year-over basis, to 583. The median sales price in the county jumped 12.2%, to $504,968.
In Hendricks County, sales climbed 5.9% in June, to 250, and the median sales price rose 7.1%, to $375,000.
In Johnson County, sales were up 13.6% last month, to 250, while the median sales price increased 6.3%, to $361,500.
Hancock County sales were up 24.8% in June compared with a year ago, at 141. The median price rose 5.4%, to $340,000.
Sales increased 21.1% in Madison County in June, to 149. The median sales price soared 27.3%, to $210,000.
Sales in Boone County rose 15.4% last month, to 135, while the median price increased 10.7%, to $470,330.
Morgan County sales rose 30.8%, to 102, last month, and the median sales price climbed 1.5%, to $330,000.
Shelby County saw a 35.7% increase in closed sales in June, to 57. The median price fell 3.3%, to $246,450.
Statewide sales
Existing-home transactions were up 12% on a year-over-year basis statewide in June, with closed sales coming in at 7,913, according the Indiana Association of Realtors.
Statewide, the median sale price rose to $275,000 last month, up 2% from a year ago.
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How much are these numbers scued by investors beati g up the market by buying ru down homes undrr 100k.
Where are buyers getting their money