More houses are hitting the market in central Indiana
Home prices continue to increase in most of Metro Indy
The number of homes for sale increased in March 2023 compared to the same time last year across central Indiana, which is good news for buyers. And, while many suspected (or maybe hoped) home prices would take a nosedive in 2023, that wasn’t the case for most of metro Indianapolis.
The average home sale price increased in Hamilton (8%), Hancock (5.4%), Hendricks (5.3%), Johnson (.7%) and Marion (3.2%) counties. The only metro area to see a decrease in average home price was in Boone County were the average sales price is 5.5% lower this year compared to March 2022.
The only area areas in central Indiana to see a decrease in home prices was in Decatur County (-9.6%) and Putnam County (-2.5%). See details of each county below!
