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Real-time insights into the Indianapolis and Indiana real estate market
Last updated: January 2025
The Indianapolis real estate market continues to favor sellers with low inventory and high demand. Homes are selling 15% faster than last year, with many properties receiving multiple offers within the first week of listing.
Current mortgage rates are stabilizing around 6.5-7%, creating opportunities for well-qualified buyers. While higher than recent years, rates remain historically moderate and the Indiana market remains affordable compared to national averages.
Experts predict modest price growth of 5-7% in 2025 as new construction gradually increases inventory. Suburban areas like Carmel, Fishers, and Westfield are expected to see continued strong demand from families and remote workers seeking space and quality schools.
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