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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowHome sales in central Indiana declined in April, falling for the fifth time in the last six months.
Closed existing-home sales in the 17-county area fell 2.7% on a year-over-year basis, from 2,672 in April 2024 to 2,601 in April 2025, according to the latest data from the MIBOR Realtor Association.
The median sales price for a home in the area rose 4.2% in April, to $312,500.
The active inventory of homes rose from 3,479 in April 2024 to 4,302 last month, a 23.7% increase.
There were 3,138 new listings in April, up 6.4% from the same month in 2024.
Home sellers in central Indiana received 98.7% of their asking price in April, down slightly from 98.8% a year ago.
Marion County
In Marion County, closed sales in April sank 4.9% from a year ago, to 981. The median sales price in the county rose 4% from a year ago, to $260,000.
Other area counties
In Hamilton County, sales slipped 1.5% in April on a year-over basis, to 477. The median sales price in the county increased 5%, to $463,200.
In Hendricks County, sales jumped 17.9% in April, to 244, and the median sales price rose 5.7%, to $370,000.
In Johnson County, sales surged 4.3% last month, to 220, while the median sales price increased 4.9%, to $320,000.
Hancock County sales were flat in April compared with a year ago, at 121. The median price was up 6.3%, to $340,000.
Sales dropped 7.5% in Madison County in April, to 124. The median sales price rose 5.7%, to $191,750.
Sales in Boone County decreased 6.9% last month, to 94, while the median price increased 11.6%, to $407,500.
Morgan County sales rose 20.6%, to 82, last month, and the median sales price dropped 5.3%, to $286,505.
Shelby County saw a 28.6% drop in closed sales in April, to 30. The median price fell 6%, to $235,000.
Statewide sales
Existing-home transactions were flat on a year-over-year basis statewide in April, with closed sales coming in at 6,924, according the Indiana Association of Realtors.
Statewide, the median sale price rose to $263,000 last month, up 5% from a year ago.
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