Give Now  »

News Contact IPM News Indiana Public Media News

{ "banners": { "tv" : [ {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-23-22-wtiu-fye-bnr.jpg", "startingDate" : "1655956800000", "endingDate" : "1656475140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-29-22-wfiu-cye-bnr.jpg", "startingDate" : "1656475200000", "endingDate" : "1656561540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-30-22-wtiu-fye-bnr.jpg", "startingDate" : "1656561600000", "endingDate" : "1656647940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-6-22-to-6-8-22-wtiu-bnr.jpg", "startingDate" : "1654488000000", "endingDate" : "1654747140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-9-22-to-6-10-22-wtiu-bnr.jpg", "startingDate" : "1654747200000", "endingDate" : "1654919940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-11-22-wtiu-bnr.jpg", "startingDate" : "1654920000000", "endingDate" : "1655006340000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-12-22-wtiu-bnr.jpg", "startingDate" : "1655006400000", "endingDate" : "1655092740000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-20-22-and-4-24-22-sanditon-webbnr.jpg", "startingDate" : "1647748800000", "endingDate" : "1647835140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-20-22-and-4-24-22-sanditon-webbnr.jpg", "startingDate" : "1650772800000", "endingDate" : "1650859140000"} ], "radio" : [ {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-17-22-wfiu-fye-bnr.jpg", "startingDate" : "1655438400000", "endingDate" : "1656129540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-25-22-wfiu-fye-lightbox.jpg", "startingDate" : "1656129600000", "endingDate" : "1656561540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-30-22-wfiu-fye-bnr.jpg", "startingDate" : "1656561600000", "endingDate" : "1656647940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-25-22-wfiu-bnr.jpg", "startingDate" : "1648180800000", "endingDate" : "1648267140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-26-22-to-3-27-22-wfiu-bnr.jpg", "startingDate" : "1648267200000", "endingDate" : "1648439940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-28-22-wfiu-bnr-am.jpg", "startingDate" : "1648440000000", "endingDate" : "1648497540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDBNR&PAGETYPE=PLG&CHECK=tAXekcDG%2flgkr2wNtsqwhq1gzMC6uhq5nDjkJobrCdg%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-28-22-wfiu-bnr-pm.jpg", "startingDate" : "1648497600000", "endingDate" : "1648508400000"} ] }}
{ "lightboxes": { "tv" : [ {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-23-22-wtiu-fye-lightbox.jpg", "startingDate" : "1655956800000", "endingDate" : "1656475140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-29-22-wtiu-fye-lightbox.jpg", "startingDate" : "1656475200000", "endingDate" : "1656561540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-30-22-wtiu-fye-lightbox.jpg", "startingDate" : "1656561600000", "endingDate" : "1656647940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-6-22-to-6-8-22-wtiu-lightbox.jpg", "startingDate" : "1654488000000", "endingDate" : "1654747140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-9-22-to-6-10-22-wtiu-lightbox.jpg", "startingDate" : "1654747200000", "endingDate" : "1654919940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-11-22-wtiu-lightbox.jpg", "startingDate" : "1654920000000", "endingDate" : "1655006340000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-12-22-wtiu-lightbox.jpg", "startingDate" : "1655006400000", "endingDate" : "1655092740000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-20-22-and-4-24-22-sanditon-lightbox.jpg", "startingDate" : "1647748800000", "endingDate" : "1647835140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCLB&PAGETYPE=PLG&CHECK=2T6mTyo6yYtDgsQprWuZNm3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-20-22-and-4-24-22-sanditon-lightbox.jpg", "startingDate" : "1650772800000", "endingDate" : "1650859140000"} ], "radio" : [ {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-17-22-wfiu-fye-lightbox.jpg", "startingDate" : "1655438400000", "endingDate" : "1655524740000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-25-22-wfiu-fye-bnr.jpg", "startingDate" : "1656129600000", "endingDate" : "1656475140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/6-30-22-wfiu-fye-lightbox.jpg", "startingDate" : "1656561600000", "endingDate" : "1656647940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-25-22-wfiu-lightbox.jpg", "startingDate" : "1648180800000", "endingDate" : "1648267140000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-26-22-to-3-27-22-wfiu-lightbox.jpg", "startingDate" : "1648267200000", "endingDate" : "1648439940000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-28-22-wfiu-lightbox-am.jpg", "startingDate" : "1648440000000", "endingDate" : "1648497540000"} , {"url" : "https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WFIUFDLB&PAGETYPE=PLG&CHECK=tAXekcDG%2flizvLEFSbjC6m3L5BYddGq6PVAl6UEf65g%3d", "img" : "https://indianapublicmedia.org/images/banner-images/3-28-22-wfiu-lightbox-pm.jpg", "startingDate" : "1648497600000", "endingDate" : "1648508400000"} ] }}
true true true
true
true
true
true

Indiana housing inventory has increased over the past year

singlefamilyhousing

Watts said a home remains a solid investment and that the association expects prices to continue to rise in the future. (Alex Eady, WFIU/WTIU News)

The number of houses available for sale in the state has increased by about 30 percent over the past year.  

Chris Watts, the Vice President of Public Affairs at the Indiana Association of Realtors, said housing inventory had declined yearly since 2014. But, he said, over the past year the Indiana Association of Realtors has seen an uptick in homes available across the state. 

“We've seen certainly a double digit increase,” Watts said. “Really every region of the state is on an upswing with the exception of east central Indiana.” 

The median price of a home in Indiana rose to just under $250,000 into June, which is about a 15 percent increase compared to this time last year, Watts said. 

“We've seen that sort of double-digit percentage or rate of increase since 2020, so through the pandemic,” Watts said. “But I should note that prices were rising well before COVID.” 

Watts said there are a combination of factors that contribute to price increases, the most fundamental being supply and demand. 

“We've actually had about 55,000 new Hoosiers move here from 2018 forward, so those folks have to live somewhere,” Watts said. 

Indiana, Watts said, is still a seller’s market. He said there are more people wanting to buy homes than there are homes for sale, but the market is becoming more balanced. 

There are certainly some obstacles against buyers now, Watts said, especially first-time home buyers due to rising interest rates, inflation and other factors. 

“We're seeing some stabilization between buyers and sellers, but sellers still have a more modest advantage,” Watts said.  

There’s also more demand with more determined buyers chasing a dwindling number of homes for sale. Over the past year, Watts said sales are proceeding at a fairly brisk pace despite being down between 2 percent and 3 percent from last year. But that rate is still above numbers from 2018 and 2019. 

Watts said there are more than 10,000 homes on the market across the state.  

“That's the highest we've seen since 2020,” Watts said. “But it's still far below the average monthly number back in 2013-2014.” 

Read more: High property taxes to come for Monroe County homeowners

Watts said home buyers shouldn’t be scared away by the dynamics seen over the last several years, because things are starting to shift. 

He advised home buyers to be realistic about what they can afford and evaluate what the household budget will bear regarding a monthly payment, because interest rates have increased. 

“Make sure that it's the right step for you and that you've got a good sense of what you can afford out there before going forward,” Watts said. 

Watts said a home remains a solid investment and that the association expects prices to continue to rise in the future.

Want to contact your legislators about an issue that matters to you? Find out how to contact your senators and member of Congress here.

Support For Indiana Public Media Comes From

Recent Business and Economy Stories