A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year.
According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings recorded last month marked a 6% year-over-year increase. Days from listing to pending sale also rose to 25, three days longer than one year earlier.
Homes sold for a median price of $270,000, unchanged from September but 6% higher than in October 2024.
“Affordability has improved since Labor Day,” said 2025 IAR president Kim Ward, managing broker of North Eastern Group Realty (Fort Wayne). “Mortgage rates are lower, listing and sale prices are down and there are more homes available at every price category. But in the last quarter of the year, it’s natural for many buyers to start looking ahead to 2026.”
“Today’s first-time buyers are dealing with higher prices but should understand that rising home values also signal a healthy housing market,” Ward added. “They certainly have more options and bargaining power to find the right home within their budgets and start building wealth for their futures.”
