May 2026 housing data is available from Realtor.com and Chart Book by Circle City Data is updated with the latest data.
The most recent month’s data shows leveling of prices and a continued increase in inventory. Sellers are coming to the market and are pricing their homes to sell.
May 2026 Housing Data Summary
Active listings in Indy surged 22% higher YoY, while the same measure nationally was only up 2.2%. Indy’s 22% YoY increase is the 3rd highest among the nation’s 50 largest metro areas according to Realtor.com’s data, behind only Cincinnati and Louisville.
Median listing price in Indianapolis rose slightly from April ($318,400) to May ($320,000), but is down 3.5% from the same month last year. Nationally, the YoY decline in median list price is similar but less severe at a 2.4% drop.
The Indy market’s 42 median days on market is much lower than the national measure of 52, and like the national market, Indy’s median days on market was effectively unchanged since April 2026.
What to look out for in June
With inflation rising faster than normal and mortgage rates continuing to climb, will buyers continue to come into the market? At the time of publishing this article, Zillow quoted a 30-yr fixed rate mortgage at 6.375%. June is normally a very active month in the housing market, so any slowdown could change the outlook for the rest of the year.
Circle City Data’s Chart Book will be updated with new housing data for June by July 3, 2026. Check back then to see the latest data on the Indy housing market and where it’s heading.