Market Report | October 2025

As we move deeper into the fall season, Indiana’s residential real estate market continues to reflect a balanced mix of steady activity and selective adjustment across price points and regions. Transaction volume held firm or rose in several Central Indiana communities such as Carmel, Zionsville, and Noblesville, indicating that buyer demand remains resilient even as overall market pace normalizes. In contrast, select areas including Downtown Indianapolis and portions of the lakefront markets experienced slower movement, driven largely by evolving inventory levels and seasonal buyer patterns.

Home values overall remain stable, with modest price softening in certain higher-end segments offset by continued strength in desirable suburban and waterfront communities. Average days on market have lengthened slightly in many areas – a sign of measured decision-making as buyers take more time to evaluate opportunities. Luxury markets across Central and Northeast Indiana continued to demonstrate meaningful activity, with transaction growth showing that demand for quality properties at the upper end persists despite incremental pricing recalibrations.

As 2026 approaches, market conditions suggest a steady environment for both buyers and sellers. Those considering making a move can benefit from current opportunities while competition remains manageable. As always, Encore Sotheby’s International Realty is here to interpret the data behind these trends and guide you toward confident, informed real estate decisions – whether your goals involve buying, selling, or investing.


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. 

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