No Surprise – Real Estate Market Active Locally

Both Noblesville’s and Hamilton County’s residential real estate market were active in April, with homes selling quickly and prices increasing slightly, According to F.C. Tucker Company, part of the Howard Hanna family of companies.

In Noblesville:

• Homes in Noblesville sold in seven days on average.
• The median home sale price increased 10.6 percent to $390,000 compared to this time last year.
• The median price per square foot decreased slightly, down 4.5 percent to $169.
• Closed home sales decreased 33 percent, compared to this time last year.

In Hamilton County:

• Pended home sales increased 6.5 percent.
• Homes in Hamilton County sold in eight days on average.
• The median home sale price increased 5.4 percent to $443,300 compared to this time last year.
• Available housing increased 28.7 percent compared to April of 2024.

Looking across all of central Indiana, pended home sales increased more than 9 percent. This, coupled with a surge of new homes coming onto the market, created a dynamic central Indiana residential real estate market. According to F.C. Tucker Company, part of the Howard Hanna family of companies:

• Pended home sales increased 9.1 percent compared to April 2024.
• Available housing inventory increased 43 percent compared to April 2024.
• Homes spent four days, or 33.3 percent, longer on the market than this time last year.
• Compared to April 2024, the median home sale price for the 16-county central Indiana region increased 3.4 percent to $305,000.

In April 2025, 3,349 central Indiana homes were purchased, an increase of 9.1 percent from the 3,069 sold in April 2024.

• Morgan County had the greatest increase in pended home sales in April 2025, up 45.7 percent compared to this time last year.
• Jennings County pended sales had the greatest decrease, with 26.3 percent fewer homes sold compared to April 2024.

Central Indiana year-to-date home sale prices increased 5 percent overall.

• Morgan County recorded the highest year-to-date median home sale price decrease, down 2.8 percent.
• Homes sold in 16 days, spending four days, or 33.3 percent, longer on the market than April 2024. Boone County homessold 7.7 percent faster than this time last year, the greatest increase in central Indiana.

Central Indiana experienced a 43 percent increase in overall available home inventory in April 2025, compared to April 2024, with 1,410 more homes available for sale.

• Jennings County had the largest inventory increase – up 90.9 percent compared to April 2024.
• All 16 central Indiana counties had inventory increases in April. Johnson County had the smallest inventory increase – up 26.4 percent compared to this time last year.

“Pended home sales in central Indiana saw a healthy increase in April – particularly in Marion County and the surrounding counties – accompanied by another sizable bump in available housing inventory,” said Jim Litten, president of F.C. Tucker Company. “With mortgage interest rates continuing to remain stable, sellers are more comfortable putting their homes on the market to meet the increased demand, creating a strong market as we head into the summer months.”

Of the pended home sales in the region last month, 11 were priced $2,000,000 or higher; 59 were priced $1,000,000 to $1,999,999; 468 were priced $500,000 to $999,999; 1,234 were priced $300,000 to $499,999; 964 were priced $200,000 to $299,999; 517 were priced $100,000 to $199,999; and 96 were priced at $99,999 or less.