As we look back on 2025, the local housing market continues to show strength—but with some important shifts depending on price point and location. Here’s a snapshot of what’s happening across Washington Township, Carmel, Zionsville, and surrounding neighborhoods, and what it means for you as a buyer or seller.
Inventory is still tight
Most communities continue to have very limited inventory, with just over one to two months of supply in many areas. This keeps the market competitive and generally favors sellers. Some neighborhoods, like Meridian Hills and Williams Creek, have especially low inventory, meaning well-priced homes there can still attract strong attention quickly.
Homes are still selling—but not all at the same pace
Sales activity is healthy overall, particularly in Carmel, Zionsville, Meridian Kessler, and Washington Township. These areas are seeing more homes sell compared to last year, a sign that buyer demand remains strong.
A few neighborhoods, such as Butler Tarkington and Westfield, saw slightly fewer sales, suggesting those markets are becoming more balanced and price-sensitive.
Prices depend on the price point
Mid-priced and move-up homes are seeing the strongest price growth. Carmel, Zionsville, and Westfield all posted solid increases in average sale prices compared to last year.
Luxury markets ($1M+) tell a different story. While high-end homes are still selling, prices are down modestly from last year. That said, luxury homes are often selling faster than before—indicating that serious buyers are active, but pricing has to be right.
Buyers are more selective
Days on market have increased slightly in several areas, especially at higher price points. Buyers are taking their time, comparing options, and expecting homes to be well-priced and move-in ready. Homes that meet those expectations are still selling quickly; those that don’t may sit longer.
What this means for you
· Sellers: You still have an advantage, especially if your home is priced correctly and prepared well. Overpricing, particularly in higher price ranges, can lead to longer market times.
· Buyers: While competition remains, especially under $1M, there is more opportunity for thoughtful decision-making—particularly in the luxury market.
If you’d like to know how these trends apply specifically to your home or your buying plans, Call Matt McLaughlin & Associates to walk through it with you today.