Indianapolis Housing Market: Tough but Opportunistic
Indianapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Indianapolis housing market remains competitive, with mortgage rates slightly increasing to 6.22% and median home prices at $315,000. Inventory is growing but still low, favoring sellers who can price their homes competitively. Despite higher rates last year, central Indiana saw a modest sales increase. This year, rates are expected to remain around 6.2%, potentially boosting activity. As spring approaches, the markets trajectory will become clearer, with buyers advised to prioritize their desired neighborhood and sellers to ensure their homes are well-presented.
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