Central Indiana’s residential real estate market was quiet to begin the new year. However, available inventory continued to increase and pended home sales were the same as this time last year. According to F.C. Tucker Company, part of the Howard Hanna family of companies:
- Available housing inventory increased 21.9 percent compared to January 2025.
- Pended home sales were the same as January 2025, with 2,298 homes leaving the market.
- Homes sold in a median of 51 days, spending 12 days longer on the market than this time last year.
- Compared to January 2025, the median home sale price for the 16-county central Indiana region increased 2.3 percent to $296,500.
Noblesville’s and Hamilton County’s residential real estate markets were both quieter to start the new year. However, available inventory continued to increase throughout the county, providing a greater selection for prospective buyers.
In Noblesville in January:
- Closed home sales decreased 11.9 percent.
- The median home sale price increased 4.3 percent to $427,500.
- The median price per square foot decreased 1.8 percent to $162.
- Noblesville homes remained on the market nine days longer than this time last year, selling in 53 days.
In Hamilton County in January:
- Pended home sales decreased 5.8 percent.
- Compared to January 2025, the median home sale price increased 3.5 percent to $459,750.
- Available housing inventory increased 37.7 percent compared to this time last year.
- Homes spent 18 days longer on the market than this time last year, selling in 47 days.
“Despite a cool residential real estate market in January in central Indiana, inventory continued to rise,” said Jim Litten, F.C. Tucker Company Chairman of the Board and CEO. “With mortgage interest rates significantly lower than this time last year, we’re optimistic that with spring approaching, the market will begin to heat up.”