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Best Places to Invest in Indiana Real Estate

288 Indiana markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.

CityMedian priceCap rateCash flow/mo Appreciation YoYSold (12mo)
Indianapolis city (balance) $235,000 4.5% $-373 -2.2% 6,801
Fort Wayne $235,000 4.7% $-319 +2.1% 3,584
Evansville $199,900 4.5% $-305 +2.2% 2,314
South Bend $206,000 4.4% $-384 +4.5% 1,829
Fishers $420,000 3.6% $-965 +1.8% 1,665
Westfield $485,500 3.1% $-1,285 +3.3% 1,542
Noblesville $404,948 3.3% $-1,063 +1.2% 1,526
Carmel $591,250 2.8% $-1,661 +4.5% 1,496
Lafayette $272,000 4.2% $-474 +3.7% 1,206
Anderson $170,000 5.6% $-81 -0.9% 984
Kokomo $170,000 5.3% $-143 +1.6% 963
Elkhart $225,000 4.1% $-439 +5.2% 963
Valparaiso $380,000 3.1% $-1,088 +2.9% 939
Jeffersonville $267,000 3.9% $-565 +1.2% 932
Columbus $276,750 3.6% $-633 +0.7% 932
Muncie $152,950 6.0% $-40 +6.8% 918
Terre Haute $175,000 4.7% $-237 +42.7% 883
Avon $350,000 3.9% $-781 +3.9% 779
Crown Point $330,000 4.0% $-671 +1.7% 764
Gary $119,000 8.9% $266 +9.2% 735
New Albany $250,000 3.8% $-504 +0.0% 686
Richmond $145,450 5.5% $-108 +1.9% 680
Brownsburg $350,000 3.9% $-746 +2.4% 676
Mishawaka $221,000 5.1% $-246 +5.0% 654
Greenfield $289,000 4.4% $-465 -3.2% 614
Hammond $197,000 6.2% $-10 +1.9% 611
Newburgh $335,000 4.0% $-698 +2.5% 592
Plainfield $340,000 3.8% $-732 -1.2% 580
West Lafayette $385,000 3.3% $-1,005 +2.2% 564
Zionsville $725,000 1.5% $-3,078 +5.8% 529
Portage $289,900 4.4% $-503 +3.1% 515
La Porte $240,300 3.3% $-698 +2.9% 496
Whitestown $370,998 4.3% $-615 -0.6% 496
Franklin $307,508 4.0% $-634 +0.6% 489
Granger $405,000 3.8% $-872 +3.5% 481
Goshen $275,000 2.9% $-843 +2.1% 458
St. John $446,990 4.1% $-802 +3.3% 457
Schererville $344,250 4.7% $-424 +1.8% 450
Marion $147,000 6.9% $65 +4.2% 445
Hobart $254,500 4.4% $-441 +1.9% 434
Lowell $337,498 3.8% $-729 +8.9% 431
Warsaw $275,000 3.1% $-785 +0.7% 420
Huntertown $359,900 4.2% $-657 +3.9% 413
McCordsville $409,495 3.9% $-832 -0.9% 396
Merrillville $259,900 4.9% $-323 -1.0% 395
Crawfordsville $226,000 3.5% $-565 +0.0% 393
Bedford $220,000 3.7% $-552 +1.7% 387
Shelbyville $243,490 4.5% $-374 +1.5% 383
Michigan City $216,500 3.6% $-599 +7.6% 377
Highland $270,000 4.1% $-502 +5.1% 377
Charlestown $310,000 3.5% $-725 +5.2% 356
Danville $357,000 4.2% $-615 +4.9% 349
Seymour $225,000 3.6% $-611 +0.7% 346
Huntington $182,025 3.7% $-410 +5.0% 346
New Castle $162,450 4.5% $-258 +2.0% 346
Greenwood $265,000 4.7% $-351 -2.1% 340
Chesterton $370,000 2.6% $-1,234 -8.4% 321
Lebanon $297,250 4.3% $-572 -2.3% 312
Cedar Lake $327,450 3.9% $-801 +1.1% 304
New Haven $254,000 4.7% $-351 +0.0% 303
Munster $365,000 4.7% $-498 +1.6% 303
Columbia City $245,500 3.6% $-687 +1.5% 298
Logansport $155,250 4.8% $-246 +4.5% 284
Fortville $351,315 4.4% $-557 -2.8% 282
Auburn $269,900 2.8% $-854 +5.1% 279
Pendleton $337,000 3.8% $-666 +5.9% 273
Sellersburg $295,000 3.8% $-548 +1.2% 271
Monticello $265,000 3.1% $-758 +4.3% 263
Dyer $327,750 3.2% $-877 -0.6% 262
Mooresville $310,000 3.9% $-687 -1.2% 248
Winfield $418,000 3.6% $-969 +0.5% 238
Frankfort $215,000 4.0% $-394 +10.2% 232
New Palestine $389,500 3.3% $-955 -2.5% 230
Vincennes $161,000 5.0% $-181 +5.3% 224
Madison $244,500 2.7% $-844 -4.5% 221
Connersville $140,000 4.2% $-268 -3.8% 221
Angola $269,500 2.6% $-965 +0.0% 219
Peru $162,000 5.2% $-141 +1.0% 212
Plymouth $250,000 3.5% $-668 +7.6% 210
Ellettsville $325,000 3.8% $-717 +5.5% 209
Osceola $310,000 2.5% $-1,131 +5.3% 204
Yorktown $268,700 3.5% $-708 +2.2% 202
Brazil $194,000 3.0% $-585 +17.1% 199
Beech Grove $196,500 4.8% $-265 +0.8% 198
Boonville $200,000 3.9% $-416 +7.7% 193
Georgetown $335,000 2.2% $-1,185 +2.6% 192
Elwood $165,000 5.6% $-100 +9.5% 183
Greencastle $229,950 3.4% $-608 +8.1% 182
Kendallville $204,000 3.6% $-483 +3.5% 177
Greensburg $230,000 4.8% $-281 +3.3% 177
Griffith $259,950 4.5% $-386 +1.3% 174
Washington $180,000 5.2% $-190 +13.2% 173
Scottsburg $220,000 3.7% $-384 +9.4% 171
Corydon $259,991 3.6% $-645 -3.2% 169
Syracuse $351,950 1.3% $-1,521 -0.5% 166
Princeton $190,000 5.0% $-221 +2.4% 163
Decatur $199,900 3.4% $-609 +6.7% 163
Bristol $322,500 1.8% $-1,615 +2.5% 158
North Vernon $219,000 3.4% $-561 +1.4% 157
Sheridan $315,000 3.2% $-851 +5.2% 157
Rochester $207,500 3.3% $-681 +4.5% 149
Nashville $332,500 2.6% $-1,132 +7.1% 146
Indianapolis $320,000 4.8% $-433 -1.4% 143
Salem $199,900 2.9% $-572 -0.8% 141
Cicero $417,500 3.1% $-1,061 +8.7% 138
Spencer $252,500 2.5% $-965 +7.8% 138
Memphis $299,900 4.2% $-550 -0.3% 138
Lake Station $184,950 5.7% $-63 -6.4% 136
Mitchell $170,000 4.8% $-246 -1.9% 131
Hartford City $146,500 4.1% $-286 +1.0% 130
East Chicago $150,000 7.9% $233 -3.8% 130
Heritage Lake $300,000 3.1% $-896 +1.1% 130
Knox $237,950 3.1% $-706 +17.0% 128
Cumberland $309,500 3.8% $-736 -3.9% 124
Pittsboro $362,500 2.9% $-1,102 +6.6% 124
Rushville $180,000 4.2% $-389 -4.4% 124
Wheatfield $310,000 2.7% $-969 +3.9% 123
Austin $179,900 3.5% $-427 -6.0% 121
Wabash $152,250 3.9% $-335 +6.4% 120
North Manchester $225,000 3.3% $-573 -2.4% 117
Clarksville $269,900 3.7% $-594 +3.8% 117
Batesville $300,000 2.3% $-1,170 +0.8% 117
Camby $281,900 5.6% $-184 +2.7% 115
Rensselaer $235,000 3.4% $-573 +12.3% 115
Floyds Knobs $442,250 2.5% $-1,276 +5.6% 114
Speedway $265,000 3.9% $-552 -0.4% 113
Henryville $380,000 1.6% $-1,584 -1.1% 113
Fremont $235,000 2.5% $-1,166 -3.3% 112
Hebron $306,000 1.9% $-1,656 -4.5% 111
Tipton $231,450 4.7% $-333 +2.2% 108
South Haven $229,500 6.1% $-31 -1.2% 108
Linton $166,250 5.4% $-125 -8.9% 108
Lakes of the Four Seasons $349,000 4.4% $-563 -3.0% 101
Winchester $175,000 4.1% $-342 +5.1% 99
Bloomington $342,000 4.2% $-686 +2.8% 97
Bloomfield $208,000 3.4% $-508 -0.7% 97
Sullivan $169,900 4.4% $-309 +11.1% 96
Dunlap $290,000 3.3% $-716 +2.5% 95
Cloverdale $185,000 3.7% $-475 -3.4% 95
Monrovia $314,000 4.2% $-507 -1.3% 90
Kingsford Heights $253,490 3.7% $-557 +0.7% 88
Greentown $202,750 5.4% $-171 +0.8% 88
Culver $350,000 1.7% $-1,676 +6.6% 87
Middlebury $339,000 2.7% $-1,133 +4.0% 87
Brookville $238,250 3.0% $-821 +14.0% 86
Morgantown $289,900 1.7% $-1,491 +15.1% 86
Hanover $250,900 3.4% $-582 +12.3% 86
Huntingburg $242,250 3.7% $-509 +1.8% 84
Ingalls $288,450 4.1% $-582 +0.0% 82
Rockville $194,950 2.5% $-942 +1.6% 80
Santa Claus $260,500 3.0% $-789 -9.0% 78
Delphi $220,000 4.2% $-494 +1.4% 78
Churubusco $253,000 2.2% $-980 +8.8% 75
Lanesville $403,000 2.2% $-1,184 -2.9% 75
DeMotte $293,500 3.1% $-859 +0.6% 74
Covington $225,000 2.9% $-736 -9.2% 73
Clayton $355,000 2.0% $-1,476 -3.9% 72
Trafalgar $325,000 2.7% $-925 -3.6% 72
Demotte $306,250 2.2% $-1,079 -2.5% 72
Hidden Valley $350,000 2.8% $-1,075 -0.9% 71
Paoli $174,500 3.6% $-445 -3.3% 70
Lagrange $225,000 3.2% $-668 +10.5% 70
Union City $139,750 5.7% $-80 +3.9% 70
North Judson $209,900 3.8% $-455 +29.7% 69
Mccordsville $349,995 5.4% $-247 +5.2% 69
Simonton Lake $275,000 3.2% $-777 +7.9% 69
Clinton $133,450 4.8% $-217 +23.2% 68
Winona Lake $325,000 2.2% $-1,396 -6.5% 68
Portland $158,750 4.8% $-193 +22.1% 66
Leo-Cedarville $401,000 2.0% $-1,503 +2.0% 65
Chandler $199,950 5.2% $-198 -0.9% 64
Leesburg $305,000 1.6% $-1,568 +19.3% 63
Edinburgh $229,000 3.4% $-611 +1.4% 63
Porter $300,000 4.0% $-528 -4.2% 63
Middletown $204,950 5.5% $-98 +5.5% 62
Vevay $241,500 3.3% $-594 +9.1% 62
Nappanee $242,500 2.9% $-759 +7.9% 62
Hamilton $344,950 2.4% $-1,486 +12.7% 62
Cordry Sweetwater Lakes $430,000 0.7% $-2,571 -22.6% 60
Oakland City $136,000 6.0% $-30 -5.3% 60
Milford $264,000 2.9% $-715 -1.8% 60
Rising Sun $180,000 3.5% $-541 -4.3% 59
Borden $265,000 3.8% $-575 +2.9% 59
Fairland $265,000 3.2% $-683 +6.7% 59
Brownstown $216,000 3.0% $-694 -14.1% 59
Pierceton $203,500 3.6% $-522 +7.0% 58
Greenville $339,900 2.6% $-1,159 +10.3% 57
French Lick $188,000 3.9% $-504 -9.7% 57
Roanoke $302,500 1.7% $-1,418 -3.3% 56
Loogootee $224,000 2.6% $-804 +16.7% 55
Bremen $260,150 3.0% $-824 +7.8% 55
Ross $147,000 6.8% $57 +9.2% 54
Country Squire Lakes $155,000 5.3% $-165 +28.1% 54
Butler $189,950 3.9% $-500 -3.1% 54
Wolcottville $283,903 1.9% $-1,336 +25.2% 54
Rockport $177,900 5.1% $-191 +3.5% 53
Gas City $150,000 3.9% $-404 +9.7% 53
West Terre Haute $205,000 4.2% $-343 +63.5% 53
Melody Hill $265,000 3.7% $-628 +8.1% 53
Hope $198,750 3.0% $-642 +11.7% 52
Albion $227,500 3.1% $-794 -0.7% 52
Walkerton $225,000 4.6% $-294 +12.8% 51
Martinsville $380,000 1.9% $-1,370 +3.3% 51
Kouts $289,000 2.3% $-1,141 -0.6% 51
Knightstown $240,000 3.7% $-549 -13.9% 51
Woodburn $290,000 4.0% $-570 +11.0% 51
Fowler $191,500 3.5% $-502 +4.5% 50
Avilla $231,000 2.6% $-854 +7.2% 50
Milan $249,950 3.3% $-679 +3.7% 50
Thorntown $335,000 2.4% $-1,014 +26.0% 50
New Carlisle $255,000 1.9% $-1,418 -4.9% 49
Argos $210,000 3.7% $-489 +2.1% 49
New Salisbury $249,900 4.5% $-359 -9.6% 49
Lake Village $317,400 1.8% $-1,524 -1.7% 48
Waterloo $174,000 2.2% $-1,060 +15.3% 48
North Webster $248,500 2.7% $-835 +13.8% 48
Springville $280,000 2.1% $-1,231 +11.1% 47
Bright $337,900 2.2% $-1,299 -1.8% 47
Rome City $365,000 1.0% $-1,584 -7.4% 47
Prince's Lakes $275,000 2.1% $-977 -12.8% 46
Battle Ground $346,250 2.9% $-943 +6.3% 46
Dunkirk $112,500 8.2% $179 -1.9% 46
Elizabeth $228,750 2.2% $-1,165 -6.3% 46
Petersburg $176,000 3.7% $-490 -8.0% 46
Veedersburg $174,250 3.5% $-475 +5.7% 46
Leo $469,000 0.5% $-2,969 +7.8% 46
South Whitley $200,000 3.4% $-496 +13.3% 45
North Terre Haute $188,500 3.7% $-453 -1.2% 45
Versailles $210,000 3.3% $-697 +14.9% 44
Fort Branch $199,250 3.1% $-516 +2.2% 44
Gosport $334,750 3.0% $-711 +11.7% 43
Galveston $165,000 4.1% $-282 +18.9% 43
Lapel $240,000 3.8% $-654 -14.4% 43
Orleans $189,900 3.2% $-707 +5.0% 43
Attica $177,000 4.0% $-421 -15.6% 43
Crothersville $170,450 5.3% $-134 +4.4% 42
Albany $159,900 4.3% $-318 -7.3% 41
Bicknell $135,000 6.8% $60 +3.0% 41
Lakeville $342,450 1.6% $-1,422 +13.3% 40
Arcadia $310,500 3.9% $-539 +0.0% 40
Solsberry $234,500 3.5% $-735 +0.4% 40
Hagerstown $145,000 3.6% $-540 +25.0% 39
Flora $205,000 4.0% $-437 -0.4% 39
Brookston $247,000 3.5% $-642 +1.9% 39
Aberdeen $470,000 2.2% $-1,601 +5.0% 39
Westville $336,500 1.9% $-1,646 -0.3% 39
Bass Lake $222,450 2.5% $-894 +19.0% 38
Laurel $196,500 3.6% $-624 +0.3% 38
Poland $217,500 3.1% $-560 +32.1% 38
Tell City $123,500 4.0% $-364 -7.7% 38
Berne $198,250 4.3% $-347 +6.6% 38
Jamestown $280,000 2.7% $-852 +23.5% 38
Lake Santee $231,950 3.1% $-841 -6.0% 38
Utica $572,000 1.4% $-2,327 -3.0% 36
Daleville $205,000 4.5% $-326 -3.4% 36
Silver Lake $175,000 5.1% $-161 -11.5% 35
Worthington $166,500 3.1% $-571 -2.9% 35
Shorewood Forest $550,000 2.2% $-2,055 -12.0% 35
Rolling Prairie $235,000 2.3% $-1,193 +2.9% 35
Osgood $201,400 4.9% $-247 +38.2% 35
Painted Hills $325,000 1.6% $-1,874 -18.4% 35
Koontz Lake $193,250 3.3% $-646 -16.7% 34
Sunman $320,000 2.2% $-1,328 +2.1% 33
Markleville $280,000 2.3% $-1,133 +17.7% 33
Roselawn $260,000 2.9% $-774 +7.2% 33
Winslow $154,900 4.7% $-224 +28.8% 33
Long Beach $659,000 0.2% $-3,570 -8.5% 33
Otterbein $230,000 3.5% $-531 -0.7% 33
Ligonier $210,000 3.0% $-588 +21.7% 33
Montpelier $114,000 5.8% $-59 -2.0% 32
North Liberty $271,000 2.6% $-972 +26.5% 32
Trail Creek $242,500 4.0% $-478 +1.1% 32
Coatesville $290,000 3.0% $-1,100 +12.8% 32
Kentland $157,500 4.2% $-306 -9.1% 32
Whiting $260,450 4.1% $-485 -8.7% 32
Jimmerson Lake $319,950 1.1% $-2,056 -23.5% 32
Bourbon $227,500 3.1% $-699 -11.5% 32
Snow Lake $520,000 1.3% $-2,706 +59.8% 31
Williamsport $189,000 3.2% $-475 +5.0% 31
Chesterfield $155,000 5.5% $-106 +3.2% 31
Palmyra $182,500 3.8% $-529 +6.6% 31
Cambridge City $152,900 5.1% $-152 -22.1% 31
Dayton $280,000 2.9% $-904 -5.6% 31
Rossville $299,500 2.5% $-781 +12.6% 30
Geneva $200,000 4.8% $-201 +5.5% 30
Lexington $240,950 3.0% $-836 +34.9% 30
Ogden Dunes $457,500 3.8% $-989 +10.5% 30
Shoals $186,250 3.5% $-388 +14.6% 30

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