$500K homes for sale around Indiana in June include historic James Alverson Home

housing market

The U.S. housing market is gradually cooling off amid elevated mortgage rates and growing recession concerns.

The national median existing-home sales price in April slipped 1.7% from one year ago to $388,800, according to USA TODAY.

In Indiana, it’s been a bit of a mixed bag. April home prices in Indiana were up 6.4% compared to last year, selling for a median price of $246,700, according to real estate site Redfin. But the number of homes sold was down 21.4% year over year.

So sales are dwindling, but the average price remains elevated compared to 2022.


Source: www.indystar.com
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