2020 Real Estate Market Report
2019 Market Snapshot Homes Sales: Statewide:
Median Sales Price Statewide: $158,500 2018
vs.
Home sales increased .3% to an annual rate of 89,386
Indianapolis Metro:
$169,900
$179,900
2019
2018
a 7.2% increase
vs.
Marion County:
$193,000
Home sales increased .6% to an annual rate of 14,959
2019
a 7.3% increase
Hamilton County:
Home Sales increased 1.2% to an annual rate 7,281
Boone County: There is a 3.1 month supply of homes Statewide at the current sales pace.
Home Sales increased 1.7% to an annual rate of 1,257
Mortgage Rates
Cumulative days on market: Indianapolis Metro:
46 Days 2018
vs.
43 Days 2019
Average 30-Year Fixed rates 4.54%
5%
4%
3.85%
3.99%
3.98%
3.65%
3%
Most Affordable States for Housing Indiana (1.09) Iowa (1.08) Kansas (1.07) Ohio (1.07)
2%
1%
0%
2015
2016
2017
2018
2019
Erin Hundley- Regional VP 317.430-0866 ehundley@bhhsin.com bhhsinrealty.com/erin-hundley