Noblesville Real Estate Slows; Not County

The Noblesville real estate market quieted down a bit in January – compared to the rest of the county. However, sale prices continued to increase – according to the experts at F.C. Tucker Company, part of the Howard Hanna family of companies:

In Noblesville:

• Closed home sales decreased 4.8 percent.
• Noblesville homes spent 20 days longer on the market compared to this time last year.
• Home sale prices increased 21.5 percent to a median sale price of $410,000.
• The median price per square foot of a home in Noblesville also increased 4.4 percent to $165.

In Hamilton County:

• Pended home sales increased 7.8 percent.
• Homes spent six days longer on the market than this time last year.
• Home sale prices increased 5.7 percent to a median sale price of $443,997.
• Available inventory increased 5.6 percent.

Overall, despite an unusually active fourth quarter, central Indiana’s residential real estate market stabilized in January with inventory increasing. According to F.C. Tucker Company, part of the Howard Hanna family of companies:

• Available housing inventory increased 21.3 percent compared to January 2024.
• Homes spent eight days, or 25.8 percent, longer on the market than this time last year.
• Pended home sales decreased 7 percent compared to this time last year.
• Compared to January 2024, the median home sale price for the 16-county central Indiana region increased 5.4 percent to $289,900.

In January 2025, 2,298 central Indiana homes were purchased, down 7 percent from the 2,470 sold in January 2024.

• Hancock County had the greatest increase in pended home sales in January 2025, up 32.3 percent compared to this time last year.
• Shelby County pended sales had the greatest decrease, with 44.2 percent fewer homes sold compared to January 2024.

Central Indiana year-to-date home sale prices increased 5.4 percent overall.

• Brown County recorded the highest year-to-date median home sale price decrease, down 6.6 percent.
• Hamilton County had the highest year-to-date median home sale price in the region at $443,997.
• Homes sold in 39 days, spending eight days, or 25.8 percent, longer on the market than January 2024. Johnson County homes sold 11.4 percent faster than this time last year, the greatest increase in central Indiana.

Central Indiana experienced a 21.3 percent increase in overall available home inventory in January 2025, compared to January 2024, with 763 more homes available for sale.

• Jennings County had the largest inventory increase – up 63 percent compared to January 2024.
• Boone County had the greatest decrease in inventory – down 17.2 percent compared to this time last year.

Of the pended home sales in the region last month, three were priced $2,000,000 or higher; 23 were priced $1,000,000 to $1,999,999; 258 were priced $500,000 to $999,999; 835 were priced $300,000 to $499,999; 722 were priced $200,000 to $299,999; 399 were priced $100,000 to $199,999; and 58 were priced at $99,999 or less.