11/01/2026
November brings a split screen in housing.
Nationally, the market is as quiet as it has ever been. Pending sales hit a record low of 276,352 in the four weeks ending October 25, down 15.9% from last year, and the median sale price slipped 0.1% to $389,601, the first yearly decline in more than three years (Redfin).
Indiana looks steadier. October shows a median sold price of $277,000, up 4.53% from last year, with 39,412 active listings at a median of $299,000, sitting 52 days on market (Realtor). Indianapolis itself lists at a median of $250,000 with 5,506 active listings.
Rates are helping at the margins. The 30 year fixed is 7.24% for the week ending October 29, down from 7.32%, the second weekly drop in a row (Freddie Mac).
Takeaway: buyers have leverage nationally, but Indiana sellers are still getting prices up from last year. Price it right, and the right buyer is out there.