Despite back-to-back monthly declines, the central Indiana market remains only slightly behind last year’s pace in 2026.
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The measure would bar institutional investors from buying more than 350 single-family homes.
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The tight financing market slowed plans that first came to light in early 2024. Construction could take another two years.
Sales of existing homes in central Indiana shot up in May, the second straight month of rising sales, according to the latest data from the MIBOR Realtor Association.
In an up-and-down year so far, single-family building permit filings in the Indianapolis area are still slightly ahead of 2025’s pace.
Winslow Hills will bring about 200 executive-style estate homes, while Rollingwood will bring 96 ranch and two-story homes.
Opponents say the rule change could reverse decades of lending protections and open the door to discrimination against Black people, Latinos and other minorities.
Overall Gen Zers, which the survey defines as those born between 1999 and 2011, only made up 4% of all homebuyers during the survey period.
The median sales price for a home sold in the area in April rose 1.1%, to $316,000, compared with $310,000 in April 2025.
The site, a narrow stretch of green space over 3.1 acres, has been owned by Indiana Farm Bureau since the 1980s.
Washington, D.C.-based Level 2 Development LLC plans to develop the $80 million project on 16.5 acres along State Road 32.
The U.S. housing market has been in a slump since 2022, when mortgage rates began to climb from pandemic-era lows.
The council voted 5-2 to reject the Woodland Grove development plan from petitioner Steve Pittman of Pittman Partners.
Homebuilders in central Indiana saw a rise in applications for new homes in March and are ahead of last year’s pace through the first quarter, according to the latest statistics from the Builders Association of Greater Indianapolis.
A request to rezone about 140 acres in Zionsville to allow for Bradberry in Zionsville received narrow approval from the town’s plan commission.
Junction at Fall Creek is expected to consist entirely of units for individuals and families making up to 60% of the area median income.
In the 10 years that Hall has been co-owner of the franchise that covers Indiana, Illinois, Kentucky and Ohio, the company has become downright “obnoxious about our values,” he says.
As proposed, the development would consist of 242 apartments for individuals and families making 50% to 70% of the area’s median income.
The active inventory of existing homes in the 17-county area rose from 4,063 in March 2025 to 4,816 last month, an 18.5% increase.
Although the community won’t be age-restricted, The Courtyards of Deer Creek will be targeted toward people ages 55 and over.
Lennar Homes of Indiana on Tuesday introduced plans to the Noblesville Common Council for a 300-home development with a garden sanctuary and a 200-home gated community with an indoor pickleball facility.
The builder and dozens of partner vendors recently collaborated to build Indiana’s first St. Jude Dream Home Showplace, part of a program in which all net proceeds from the home’s sale are donated to the children’s hospital.
