Statewide, the comparison of March 2021 to March 2020 shows:
  • Closed sales decreased 3% to 7,181
  • Median sales price increased 9.1% to $191,000
  • Average sales price increased 9.9% to $225,434
  • Percent of original list price received increased 2.2% to 98.5%
  • Pending sales increased 3.6% to 7,982
  • New listings decreased 4.8% to 8,691
Most notably, there were just 5,898 homes for sale statewide at the end of March. That is a 57% decrease from last year.
The comparison of Q1 2021 to Q1 2020 shows that sales are still ahead by three percent and prices – both median and average – are up 10-plus percent.
“Demand is not waning in the face of rising prices and mortgage rates. Homes continue to sell quickly,” said Indianapolis’ Roger Lundy, 2021 President of the Indiana Association of REALTORS®. “We saw our first dip in sales in a long time simply because of limited inventory. To bring the market back into balance, we need policymakers to support home building and development and existing home seller and new construction activity to increase. Until then it should be a busy and highly competitive market.”
See Full Statewide Report
County Data
IAR partners with all eight listing services in Indiana to publish the statewide and following county reports. Remember, the tables are sortable. Just click on the appropriate “sort” at the top. Each county name is a link to a one-pager, and you are welcome to use these reports however you see fit.  
YOY & YTD Comparisons
Trailing 3- & 12-Month Comparisons