Indiana Housing Market Sees Sales Decline Amid Rising Mortgage Rates
1 report, 1 independent
Updated 00:00
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What happened
Statewide home sales in Indiana saw a sharp decline in September 2026. Rising mortgage rates reached 7% for the first time since January 2025, contributing to a slowdown in the housing market. Pending sales dropped 10% year-over-year, and closed home sales fell 4% year-over-year.
Why it matters
The decline in home sales and the increase in mortgage rates indicate pressure on the housing market in Indiana. This trend affects the financial stability of homeowners and the revenue generated by real estate transactions.
Indiana businesses have been powering the state's economy for decades.
Who's involved
- IndianaThe state where the housing market trends and sales declines were reported.
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The entities involved
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Indianapolis
capital city of the U.S. state of Indiana and the seat of Marion County
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Indiana
state of the United States of America