Market Report | May 2025

As we move into the summer season, market activity across many of the regions we serve has shown notable strength. We continue to see meaningful increases in sales volume in communities like Zionsville, Noblesville, and Fort Wayne — a sign of strong buyer engagement and seasonal momentum. Luxury markets, both in Central Indiana and Fort Wayne, have also experienced healthy transaction growth, though some price adjustments reflect evolving buyer preferences and a rebalancing at the top end of the market.

Home values have generally held firm or appreciated in most areas, with standout increases in Carmel, Valparaiso, and the Kosciusko County lakefront market — highlighting continued demand for quality properties in desirable locations. In many communities, homes are spending fewer days on the market, signaling efficient movement and confident decision-making from buyers. While some areas such as Downtown Indianapolis and Steuben County’s lakefront saw longer selling times, these shifts can be attributed to specific inventory trends or price segments.

As always, our team at Encore Sotheby’s International Realty remains committed to helping you interpret the data behind the market so you can make informed, confident real estate decisions. Whether you’re considering buying, selling, or investing, we’re here to provide expert guidance tailored to your goals.


Encore Sotheby’s International Realty is a boutique residential real estate brokerage providing home sellers and buyers with a luxury level of service in Indiana and beyond. Specializing in the central, northeast and northwest regions of Indiana, the firm operates out of offices in Carmel, Indianapolis, Zionsville and Fort Wayne. Backed by the world-class Sotheby’s International Realty brand, clients benefit from local expertise with global reach. For all of your real estate needs, call 317.660.4444 or visit encoresothebysrealty.com. 

Leave a comment