These Indiana Cities Now Have the Fastest Growing Home Prices

These Indiana Cities Now Have the Fastest Growing Home Prices

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Housing prices remain high across the board, but in these 10 Indiana cities, they're "through the roof."

READ MORE: Indiana Housing Market: How Bad We Talking?

I've personally never liked living in metropolitan areas. While closer to shopping, food, and other amenities, it's just never been my cup of tea. Rather, I prefer living in a quiet rural setting where I can host bonfires and enjoy target practice without disturbing nearby neighbors or violating a city ordinance. When I did live in a city, I also had to be much more mindful of crime. In fact, while living in an apartment in Clarksville, Tennessee, I had over $200 in Amazon packages stolen from my front porch in broad daylight. I've never had that issue in the country.

While I prefer country living, I realize there are many who prefer the opposite, and that's totally fine. The city in general is not bad by any means, and there are certainly plenty of solid reasons why one would choose city life over rural life. Indiana has an assortment of beautiful metro areas to call home, offering better access to public transportation, healthcare, and shopping than its rural counterparts. In fact, several Indiana cities are now highly sought after by folks looking to buy a home and settle down in the Hoosier State.

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Redfin has a compiled a list of the top 10 metros in Indiana with the fastest growing sales prices. Some of these were a bit of a surprise to me, but others made total sense. The most sought after homes in Indiana seem to be in Michigan City, which is located on the south shore of Lake Michigan. Home prices in this city are now up over 67% in 2024. According to the 2020 census, Michigan City has a population of 32,075.

Michigan City is known for its stellar beaches, festivals, and historical sites, so it makes sense that it would find itself on this list. However, also on this list was Gary, Indiana, with home prices up 22.3%, which was a surprise to me given the city's reputation and crime. Another city I was surprised to see on this list was Bedford, which has a population of just 13,792. According to Redfin, housing prices in Bedford are up 13.4%. Here is the full list:

  1. Michigan City, IN (up 61.7%)
  2. Marion, IN (up 29.4%)
  3. Greenfield, IN (up 25.9%)
  4. Seymour, IN (up 23.6%)
  5. Gary, IN (up 22.3%)
  6. Kokomo, IN (up 20.0%)
  7. South Bend, IN (up 19.7%)
  8. Shelbyville, IN (up 16.4%)
  9. Bloomington, IN (up 14.1%)
  10. Bedford, IN (up 13.4%)

See Inside 105 Year Old Evansville Home

This 105-year-old home was recently shared on For the Love of Old Houses and is on sale in Evansville. Check out the listing here.

Gallery Credit: Melissa

See Photos of A Historic Evansville Home Built More Than 150 Years Ago

This home in Evansville was built in 1869, and this 155-year-old beauty has hit the market. Its got a unique look and plenty of charm. You can see the full listing through F.C. Tucker, here.

Gallery Credit: Melissa

See Inside the Mt. Vernon Home Rumored to be Part of the Underground Railroad

Located at 917 Mill Street in Mt. Vernon, less than a mile north of the Ohio River, there are a few different rumors of how the Robin Hill home was involved in helping slaves escape to the North. One rumor suggested there was a tunnel underneath the home slaves would use to pass through after getting off a boat on the river. That rumor has been debunked, but there once was a creek that ran near the home which was so overgrown with plants it looked like a tunnel. It is believed slaves used the creek as a pathway as they headed north. The home's current owner, Brian Alldredge, says he heard someone who lived or worked at the home during that time period would hang a colored blanket over the balcony to let those assisting the slaves know whether or not it was safe to pass with one particular color providing a green light, so to speak, and another warning there were people in the area looking for runaway slaves (some people in the North were known to capture slaves and send them back to the South).

The home went through a $700,000 remodel from 2001-2008 which included a new foundation and main support walls, all new floor joist and floors, new roof, new windows, and new drywall. It's currently for sale on Zillow with an asking price of $412,500

Gallery Credit: Ryan O'Bryan

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