Top Mega Teams in Indiana – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
3Domi TeameXp RealtyCarmel, IN$211,361,415View Profile
6Indy Home Pros TeamRE/MAX Advanced RealtyIndianapolis, IN$124,817,117View Profile
7Williams Richwine GroupBerkshire Hathaway HomeServices Indiana RealtyIndianapolis, IN$123,081,163View Profile
10Jana Caudill TeameXp RealtyCrown Point, IN$96,062,174View Profile
19The Hoosier Heartland TeamCENTURY 21 Bradley Realty, Inc.Fort Wayne, IN$63,525,959View Profile

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2023 Indiana Housing Market Summary

Indiana started 2023 with a total of 9,628 single-family homes on the market, with a median home price of $279,900 and an average price per square foot of $154. By the end of the year, inventory had increased to 10,434 homes on the market (+8%), with a median home price of $288,900 (+3%) and an average price per square foot of $173 (+12%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

Indiana started the year with 41% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 42% of Indiana homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Indiana started 2023 as a seller’s market, with an MAI score of 40; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

Housing Market News

Lower mortgage rates attracting more homebuyers 

Sep 16, 2024By

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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