As the summer home buying season gets underway, the central Indiana housing market continued to show healthy activity in May, marked by rising pending sales, increased inventory and stable home prices, according to F.C. Tucker Company.
•With 3,591 homes leaving the market, pended home sales decreased 4.2% since last month but increased 5.1 percent compared to May 2025.
•Available housing inventory increased 14.3 percent compared to May 2025 and increased 7.4 percent compared to last month.
•Homes sold in a median of 18 days, spending four days longer on the market than this time last year.
•The median home sale price for the 16-county central Indiana region is $320,000 – the same as this time last year.
In May 2026, 3,591 central Indiana homes were purchased, an increase of 5.1 percent compared to this time last year.
•Jackson County had the greatest increase in pended home sales in May 2026, up 32.1 percent compared to this time last year.
•Decatur County pended sales had the greatest decrease, with 29.7 percent fewer homes sold compared to May 2025.
Central Indiana year-to-date home sale prices decreased 0.7 percent overall.
•Jennings County recorded the largest year-to-date median home sale price decrease, down 9.3 percent to $195,000.
•Hamilton County had the highest year-to-date median home sale price in the region at $464,000.
•Homes sold in 18 days, spending four days, or 28.6 percent, longer on the market than May 2025. Montgomery County homes sold four days, or 23.5 percent, faster than this time last year, leaving the market in 13 days.
Central Indiana experienced a 14.3 percent increase in overall available home inventory in May 2026, compared to May 2025, with 777 more homes available for sale.
•Madison County had the largest inventory increase – up 46.4 percent compared to May 2025.
•Jennings County had the greatest inventory decrease in the 16-county central Indiana area compared to this time last year, down 22.9 percent.
“The central Indiana housing market is seeing strong momentum heading into summer,” said Jim Litten, CEO of F.C. Tucker Company. “With pending sales up more than 5 percent year-over-year and inventory expanding, buyer activity remains healthy across the region. Increased housing options are creating opportunities for buyers, while sellers are benefiting from stable home values and steady demand.”