July 2025 Housing Market Update

Central Indiana Housing Market Update – June 2025

As we move through the summer, the Central Indiana real estate market continues to show signs of steady growth and increased activity.

In June 2025, the median sales price for a single-family home in Central Indiana reached $320,000 — a 1.6% increase from both last month and this time last year. This gradual uptick reflects continued buyer demand and solid home values across the region.

Closed sales rose by an impressive 9.9% year-over-year, indicating strong buyer engagement. However, pending sales held steady, showing little to no change from last June. Sellers are still seeing solid returns, with the typical listing receiving 98.5% of the asking price, just slightly below the 98.7% received in June 2024.

About 21.3% of homes closed above list price, a small dip from 23.6% last year, suggesting that while competition remains, it’s becoming slightly more balanced.

On the supply side, new listings were up 5.9% compared to June 2024, giving buyers a bit more selection. The median days on market was 10 days, a slight increase from 9 days the previous year — another signal of a market slowly leveling out.

Perhaps the most notable shift was in active inventory, which ended the month at 6,094 homes. This marks a 25.3% increase from June 2024 and a 7.8% increase from May, bringing us to a 1.9-month supply of inventory — a welcome change for buyers who’ve been navigating tight conditions.

📈 What This Means for You
Whether you're considering buying, selling, or just keeping an eye on the market, these numbers suggest a shift toward a more balanced landscape. While prices are still rising, inventory growth could open more opportunities in the coming months.

Thinking about making a move? Let’s talk about what these trends mean for your situation and how The Evelo Team can help you navigate this market with confidence.

🎬 Watch the video here:  Youtube link.