Cities with the fastest-growing home prices in Indiana

Written by:
February 23, 2024
Arina P Habich // Shutterstock

Cities with the fastest-growing home prices in Indiana

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $344,159 in January, 3.6% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Indiana using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending January 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Indiana.

1 / 50
Stacker

#50. Lafayette

- Typical home value: $229,264
- 1-year price change: +$17,507 (+8.3%)
- 5-year price change: +$83,426 (+57.2%)
- Metro area: Lafayette-West Lafayette, IN

2 / 50
Stacker

#49. Lakeville

- Typical home value: $244,574
- 1-year price change: +$17,523 (+7.7%)
- 5-year price change: +$91,160 (+59.4%)
- Metro area: South Bend-Mishawaka, IN-MI

3 / 50
Stacker

#48. Tennyson

- Typical home value: $223,018
- 1-year price change: +$17,693 (+8.6%)
- 5-year price change: +$74,135 (+49.8%)
- Metro area: Evansville, IN-KY

4 / 50
Stacker

#47. Needham

- Typical home value: $340,196
- 1-year price change: +$17,773 (+5.5%)
- 5-year price change: +$130,567 (+62.3%)
- Metro area: Indianapolis-Carmel-Anderson, IN

5 / 50
Stacker

#46. Ramsey

- Typical home value: $223,196
- 1-year price change: +$17,783 (+8.7%)
- 5-year price change: +$79,229 (+55.0%)
- Metro area: Louisville/Jefferson County, KY-IN

6 / 50
Stacker

#45. Pines

- Typical home value: $174,347
- 1-year price change: +$17,886 (+11.4%)
- 5-year price change: +$60,933 (+53.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

7 / 50
Stacker

#44. Laotto

- Typical home value: $305,617
- 1-year price change: +$18,098 (+6.3%)
- 5-year price change: +$107,033 (+53.9%)
- Metro area: Kendallville, IN

8 / 50
Stacker

#43. Sunman

- Typical home value: $308,378
- 1-year price change: +$18,169 (+6.3%)
- 5-year price change: +$109,222 (+54.8%)
- Metro area: Cincinnati, OH-KY-IN

9 / 50
Stacker

#42. Nashville

- Typical home value: $309,173
- 1-year price change: +$18,402 (+6.3%)
- 5-year price change: +$123,831 (+66.8%)
- Metro area: Indianapolis-Carmel-Anderson, IN

10 / 50
Stacker

#41. Bennington

- Typical home value: $248,332
- 1-year price change: +$18,421 (+8.0%)
- 5-year price change: +$89,635 (+56.5%)
- Metro area: Cincinnati, OH-KY-IN

11 / 50
Stacker

#40. Hope

- Typical home value: $218,053
- 1-year price change: +$18,489 (+9.3%)
- 5-year price change: +$87,580 (+67.1%)
- Metro area: Columbus, IN

12 / 50
Stacker

#39. Stockwell

- Typical home value: $193,078
- 1-year price change: +$18,623 (+10.7%)
- 5-year price change: +$67,696 (+54.0%)
- Metro area: Lafayette-West Lafayette, IN

13 / 50
Stacker

#38. Lexington

- Typical home value: $212,048
- 1-year price change: +$18,789 (+9.7%)
- 5-year price change: +$78,256 (+58.5%)
- Metro area: Madison, IN

14 / 50
Stacker

#37. Romney

- Typical home value: $255,309
- 1-year price change: +$18,796 (+7.9%)
- 5-year price change: +$85,928 (+50.7%)
- Metro area: Lafayette-West Lafayette, IN

15 / 50
Stacker

#36. Birdseye

- Typical home value: $201,018
- 1-year price change: +$18,834 (+10.3%)
- 5-year price change: +$66,912 (+49.9%)
- Metro area: Jasper, IN

16 / 50
Stacker

#35. Brook

- Typical home value: $149,912
- 1-year price change: +$19,016 (+14.5%)
- 5-year price change: +$54,851 (+57.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

17 / 50
Stacker

#34. Aurora

- Typical home value: $234,705
- 1-year price change: +$19,091 (+8.9%)
- 5-year price change: +$87,570 (+59.5%)
- Metro area: Cincinnati, OH-KY-IN

18 / 50
Stacker

#33. Bainbridge

- Typical home value: $246,289
- 1-year price change: +$19,126 (+8.4%)
- 5-year price change: +$95,335 (+63.2%)
- Metro area: Indianapolis-Carmel-Anderson, IN

19 / 50
Stacker

#32. Geneva

- Typical home value: $213,426
- 1-year price change: +$19,150 (+9.9%)
- 5-year price change: +$76,624 (+56.0%)
- Metro area: Decatur, IN

20 / 50
Stacker

#31. Elizabethtown

- Typical home value: $245,524
- 1-year price change: +$19,293 (+8.5%)
- 5-year price change: +$89,030 (+56.9%)
- Metro area: Columbus, IN

21 / 50
Stacker

#30. Taylorsville

- Typical home value: $181,879
- 1-year price change: +$19,417 (+12.0%)
- 5-year price change: +$75,640 (+71.2%)
- Metro area: Columbus, IN

22 / 50
Stacker

#29. Rising Sun

- Typical home value: $251,579
- 1-year price change: +$19,467 (+8.4%)
- 5-year price change: +$94,754 (+60.4%)
- Metro area: Cincinnati, OH-KY-IN

23 / 50
Stacker

#28. Flat Rock

- Typical home value: $224,735
- 1-year price change: +$19,487 (+9.5%)
- 5-year price change: +$91,612 (+68.8%)
- Metro area: Indianapolis-Carmel-Anderson, IN

24 / 50
Stacker

#27. Shamrock Lakes

- Typical home value: $207,013
- 1-year price change: +$19,717 (+10.5%)
- 5-year price change: +$81,402 (+64.8%)
- Metro area: not in a metro area

25 / 50
Stacker

#26. Leo-Cedarville

- Typical home value: $337,627
- 1-year price change: +$19,733 (+6.2%)
- 5-year price change: +$117,045 (+53.1%)
- Metro area: Fort Wayne, IN

26 / 50
Stacker

#25. Russellville

- Typical home value: $148,463
- 1-year price change: +$19,820 (+15.4%)
- 5-year price change: +$56,350 (+61.2%)
- Metro area: Indianapolis-Carmel-Anderson, IN

27 / 50
Stacker

#24. Grabill

- Typical home value: $323,438
- 1-year price change: +$19,934 (+6.6%)
- 5-year price change: +$114,882 (+55.1%)
- Metro area: Fort Wayne, IN

28 / 50
Stacker

#23. Tippecanoe

- Typical home value: $214,991
- 1-year price change: +$20,093 (+10.3%)
- 5-year price change: +$75,939 (+54.6%)
- Metro area: Plymouth, IN

29 / 50
Stacker

#22. Markleville

- Typical home value: $249,456
- 1-year price change: +$20,227 (+8.8%)
- 5-year price change: +$98,863 (+65.6%)
- Metro area: Indianapolis-Carmel-Anderson, IN

30 / 50
Stacker

#21. Clarks Hill

- Typical home value: $203,729
- 1-year price change: +$20,429 (+11.1%)
- 5-year price change: +$74,326 (+57.4%)
- Metro area: Lafayette-West Lafayette, IN

31 / 50
Stacker

#20. Metamora

- Typical home value: $237,133
- 1-year price change: +$20,466 (+9.4%)
- 5-year price change: +$89,166 (+60.3%)
- Metro area: Cincinnati, OH-KY-IN

32 / 50
Stacker

#19. West Lafayette

- Typical home value: $329,124
- 1-year price change: +$20,706 (+6.7%)
- 5-year price change: +$106,332 (+47.7%)
- Metro area: Lafayette-West Lafayette, IN

33 / 50
Stacker

#18. Carmel

- Typical home value: $503,545
- 1-year price change: +$20,730 (+4.3%)
- 5-year price change: +$168,043 (+50.1%)
- Metro area: Indianapolis-Carmel-Anderson, IN

34 / 50
Stacker

#17. Grovertown

- Typical home value: $228,766
- 1-year price change: +$20,992 (+10.1%)
- 5-year price change: +$92,361 (+67.7%)
- Metro area: not in a metro area

35 / 50
Stacker

#16. Pottawattamie Park

- Typical home value: $272,558
- 1-year price change: +$21,286 (+8.5%)
- 5-year price change: +$110,765 (+68.5%)
- Metro area: Michigan City-La Porte, IN

36 / 50
Stacker

#15. Laconia

- Typical home value: $227,613
- 1-year price change: +$21,299 (+10.3%)
- 5-year price change: +$79,429 (+53.6%)
- Metro area: Louisville/Jefferson County, KY-IN

37 / 50
Stacker

#14. Guilford

- Typical home value: $368,206
- 1-year price change: +$21,780 (+6.3%)
- 5-year price change: +$135,577 (+58.3%)
- Metro area: Cincinnati, OH-KY-IN

38 / 50
Stacker

#13. Zionsville

- Typical home value: $571,816
- 1-year price change: +$21,922 (+4.0%)
- 5-year price change: +$184,069 (+47.5%)
- Metro area: Indianapolis-Carmel-Anderson, IN

39 / 50
Stacker

#12. Moores Hill

- Typical home value: $252,948
- 1-year price change: +$22,323 (+9.7%)
- 5-year price change: +$95,055 (+60.2%)
- Metro area: Cincinnati, OH-KY-IN

40 / 50
Stacker

#11. Hamilton

- Typical home value: $318,100
- 1-year price change: +$22,579 (+7.6%)
- 5-year price change: +$117,481 (+58.6%)
- Metro area: Angola, IN

41 / 50
Stacker

#10. Fair Oaks

- Typical home value: $296,702
- 1-year price change: +$23,182 (+8.5%)
- 5-year price change: +$101,364 (+51.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

42 / 50
Stacker

#9. Freedom

- Typical home value: $233,190
- 1-year price change: +$23,700 (+11.3%)
- 5-year price change: +$84,289 (+56.6%)
- Metro area: Bloomington, IN

43 / 50
Stacker

#8. Reelsville

- Typical home value: $248,359
- 1-year price change: +$24,270 (+10.8%)
- 5-year price change: +$96,553 (+63.6%)
- Metro area: Indianapolis-Carmel-Anderson, IN

44 / 50
Stacker

#7. Battle Ground

- Typical home value: $294,133
- 1-year price change: +$24,291 (+9.0%)
- 5-year price change: +$102,108 (+53.2%)
- Metro area: Lafayette-West Lafayette, IN

45 / 50
Stacker

#6. Westpoint

- Typical home value: $311,849
- 1-year price change: +$25,840 (+9.0%)
- 5-year price change: +$100,146 (+47.3%)
- Metro area: Lafayette-West Lafayette, IN

46 / 50
Stacker

#5. Monroe

- Typical home value: $286,149
- 1-year price change: +$26,048 (+10.0%)
- 5-year price change: +$95,583 (+50.2%)
- Metro area: Decatur, IN

47 / 50
Stacker

#4. Shadeland

- Typical home value: $365,795
- 1-year price change: +$28,558 (+8.5%)
- 5-year price change: +$123,389 (+50.9%)
- Metro area: Lafayette-West Lafayette, IN

48 / 50
Stacker

#3. Culver

- Typical home value: $315,652
- 1-year price change: +$33,376 (+11.8%)
- 5-year price change: +$127,160 (+67.5%)
- Metro area: Plymouth, IN

49 / 50
Stacker

#2. Dune Acres

- Typical home value: $867,518
- 1-year price change: +$42,831 (+5.2%)
- 5-year price change: +$279,939 (+47.6%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

50 / 50
Stacker

#1. Clear Lake

- Typical home value: $812,970
- 1-year price change: +$59,223 (+7.9%)
- 5-year price change: +$302,486 (+59.3%)
- Metro area: Angola, IN

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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