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s we close out 2024, Indiana's real estate market is looking strong, with strategists predicting steady growth in the year ahead. According to Redfin, Fanny Mae, and other industry experts, mortgage rates will likely remain around 6% throughout 2025, while national home prices are expected to rise by 1.5-4%. This trend could be good news for Indiana sellers, particularly in hot markets like Indianapolis, Carmel, and Anderson.
The current median home price in Indiana is significantly lower than the national average, with Zillow estimating it at around $250,000. However, homes in the $500,000 to $575,000 range are still available, offering a range of options for buyers.
Here's a look at some of these high-end properties currently on the market:
A Fort Wayne home designed by architect James Sherbondy features stunning architecture inspired by Frank Lloyd Wright. With over 4,000 sq ft of space and unique touches like a spiral staircase and cedar-lined sauna, this property is priced at $559,900.
In Hartford City, a 3-bedroom lakehouse on ten acres of land offers water views and a private beach. The home features an open floor plan, modern updates, and a detached guesthouse perfect for an Airbnb. Priced at $539,000.
A charming 1944 Evansville home boasts original log construction, a beautiful glassed-in porch, and plenty of space with five bedrooms and three baths. With over 3,000 sq ft of living area and a large eat-in kitchen, this property is priced at $510,000.
In Crown Point, a remodeled lakeside home offers a beachfront retreat with multiple boat slips and a covered waterside bar. The stylish and modern 3-bedroom, 2-bath home features over 2,100 sq ft of space and plenty of outdoor amenities. Priced at $540,000.
Finally, an Indianapolis home boasts over 3,600 sq ft of living area with four bedrooms and two-and-a-half baths. With updated flooring, a renovated kitchen and bathrooms, and a newly finished basement, this property is priced at $539,000.
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