Real Estate Year Off to Quiet Start

Noblesville’s and Hamilton County’s residential real estate markets were both quieter to start the new year. However, available inventory continued to increase throughout the county, providing a greater selection for prospective buyers.

In Noblesville in January:

• Closed home sales decreased 11.9 percent.
• The median home sale price increased 4.3 percent to $427,500.
• The median price per square foot decreased 1.8 percent to $162.
• Noblesville homes remained on the market nine days longer than this time last year, selling in 53 days.

In Hamilton County in January:

• Pended home sales decreased 5.8 percent.
• Compared to January 2025, the median home sale price increased 3.5 percent to $459,750.
• Available housing inventory increased 37.7 percent compared to this time last year.
• Homes spent 18 days longer on the market than this time last year, selling in 47 days.

This went along with most of central Indiana’s quiet January as well. However, available inventory continued to increase and pended home sales were the same as this time last year. According to F.C. Tucker Company, part of the Howard Hanna family of companies:

• Available housing inventory increased 21.9 percent compared to January 2025.
• Pended home sales were the same as January 2025, with 2,298 homes leaving the market.
• Homes sold in a median of 51 days, spending 12 days longer on the market than this time last year.
• Compared to January 2025, the median home sale price for the 16-county central Indiana region increased 2.3 percent to $296,500.

In January 2026, 2,298 Central Indiana homes were purchased, the same as in January 2025.

• Jackson County had the greatest increase in pended home sales in January 2026, up 105.9 percent compared to this time last year.
• Decatur County pended sales had the greatest decrease, with 31.6 percent fewer homes sold compared to January 2025.

Central Indiana year-to-date home sale prices increased 2.3 percent overall.

• Jackson County recorded the largest year-to-date median home sale price decrease, down 26.4 percent to $185,000.
• Hamilton County had the highest year-to-date median home sale price in the region at $459,750.
• Homes sold in 51 days, spending 12 days or 30.8 percent, longer on the market than January 2025. Montgomery County homessold 47 days, or 74.6 percent, faster than this time last year, leaving the market in 16 days.

Central Indiana experienced a 21.9 percent increase in overall available home inventory in January 2026, compared to January 2025, with 955 more homes available for sale.

• Decatur County had the largest inventory increase – up 70.6 percent compared to January 2025.
• Morgan County had the greatest inventory decrease in the 16-county central Indiana area compared to this time last year, down 1.7 percent.

“Despite a cool residential real estate market in January in central Indiana, inventory continued to rise,” said Jim Litten, F.C. Tucker Company Chairman of the Board and CEO. “With mortgage interest rates significantly lower than this time last year, we’re optimistic that with spring approaching, the market will begin to heat up.”

Of the pended home sales in the region last month, five were priced $2,000,000 or higher; 37 were priced $1,000,000 to $1,999,999; 275 were priced $500,000 to $999,999; 830 were priced $300,000 to $499,999; 670 were priced $200,000 to $299,999; 404 were priced $100,000 to $199,999; and 77 were priced at $99,999 or less.