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Best Places to Invest in Indiana Real Estate

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

CityMedian priceCap rateCash flow/mo Appreciation YoYSold (12mo)
Indianapolis city (balance) $237,500 4.4% $-402 -2.9% 7,018
Fort Wayne $225,000 4.8% $-301 +1.4% 3,327
Evansville $196,500 4.6% $-283 +5.3% 2,101
South Bend $196,887 4.4% $-387 +4.7% 1,773
Fishers $427,450 3.6% $-979 +4.0% 1,704
Westfield $480,000 3.0% $-1,364 +4.4% 1,573
Noblesville $398,000 3.2% $-1,130 +1.2% 1,499
Carmel $583,000 2.7% $-1,757 +4.3% 1,465
Lafayette $260,500 4.2% $-491 +3.1% 1,110
Anderson $169,450 6.5% $19 -2.7% 944
Jeffersonville $267,900 3.5% $-668 +1.2% 937
Elkhart $226,250 4.0% $-486 +7.9% 926
Kokomo $167,250 5.2% $-149 -1.6% 926
Muncie $141,584 6.0% $-38 +6.1% 854
Columbus $274,250 3.5% $-691 +2.1% 838
Valparaiso $360,000 2.8% $-1,171 +1.7% 782
Avon $355,000 3.8% $-776 +2.6% 777
Brownsburg $345,000 3.8% $-771 +1.2% 751
Gary $120,000 9.1% $305 +7.9% 743
Granger $362,000 3.3% $-1,065 +5.5% 732
New Albany $240,000 3.8% $-470 +1.6% 675
Mishawaka $213,500 5.3% $-230 +8.1% 664
Hammond $198,500 5.8% $-75 +1.5% 652
Huntertown $356,000 4.1% $-695 +3.1% 617
Crown Point $325,000 3.4% $-841 +1.7% 611
Plainfield $343,583 3.7% $-857 +0.6% 608
Terre Haute $169,900 4.7% $-245 +28.7% 597
West Lafayette $385,000 3.0% $-1,116 +1.1% 566
Zionsville $712,000 1.5% $-2,957 +6.5% 559
Schererville $345,000 4.0% $-660 +3.1% 521
Portage $290,000 4.0% $-610 +6.3% 514
Richmond $140,000 5.2% $-117 +5.9% 499
St. John $436,750 3.6% $-990 +2.7% 496
Greenfield $279,048 4.4% $-483 -3.8% 478
Whitestown $370,000 4.3% $-633 +1.9% 478
McCordsville $404,783 3.9% $-873 +0.6% 465
Franklin $295,000 4.0% $-644 +0.9% 452
Newburgh $341,500 3.9% $-794 +5.8% 444
Marion $145,000 8.7% $223 +7.6% 426
Merrillville $260,000 4.7% $-397 -2.6% 424
Hobart $245,000 4.2% $-483 +0.0% 423
Michigan City $219,900 2.7% $-972 +4.3% 421
Highland $275,000 4.1% $-531 +4.5% 420
La Porte $230,000 3.7% $-534 +1.8% 416
Goshen $250,000 3.2% $-816 -0.7% 392
Lowell $342,854 3.9% $-777 +7.2% 381
Shelbyville $241,250 4.3% $-426 +1.5% 373
Chesterton $370,000 2.6% $-1,340 -4.9% 364
Warsaw $260,000 3.2% $-835 +4.2% 364
Danville $360,000 4.1% $-639 +3.3% 358
Crawfordsville $219,950 3.5% $-566 -3.1% 354
Charlestown $319,900 3.2% $-847 +6.1% 341
Greenwood $265,000 4.5% $-399 +1.2% 331
Ellettsville $328,000 3.3% $-869 +1.6% 330
Huntington $180,000 4.3% $-276 +8.6% 327
Cedar Lake $315,000 3.5% $-962 +0.5% 322
Auburn $264,250 2.6% $-854 +6.9% 312
Seymour $223,250 3.5% $-648 -2.1% 310
Sellersburg $303,900 4.0% $-545 +3.6% 302
New Castle $148,250 4.8% $-207 -1.1% 302
Munster $368,000 5.0% $-382 +3.1% 301
Logansport $154,000 4.4% $-358 +3.0% 300
New Haven $240,000 4.9% $-341 +1.7% 300
Bedford $209,000 4.2% $-457 +5.5% 299
Lebanon $286,100 3.5% $-794 +4.2% 289
Winfield $411,498 3.4% $-1,002 +1.1% 264
Connersville $134,050 4.9% $-188 -2.5% 250
Vincennes $170,000 5.0% $-175 +0.0% 236
Frankfort $205,000 3.9% $-393 +12.7% 229
Columbia City $237,450 3.7% $-595 -0.6% 226
Yorktown $255,000 3.4% $-703 +1.1% 221
Mooresville $298,000 3.5% $-745 +3.9% 221
Fortville $339,450 4.2% $-650 -3.4% 220
Madison $241,500 2.9% $-795 -2.3% 220
Dyer $325,000 2.4% $-1,148 -0.6% 214
Georgetown $350,000 2.2% $-1,186 +3.4% 205
Beech Grove $200,750 4.4% $-331 +0.8% 205
Peru $159,000 6.1% $-29 +13.8% 195
Kendallville $200,000 3.6% $-500 +2.5% 193
Greensburg $230,000 5.8% $-62 +13.5% 192
Chandler $277,500 3.9% $-778 +1.2% 192
Elwood $158,000 5.3% $-154 +4.2% 183
Griffith $262,250 4.9% $-314 -0.6% 182
Cumberland $314,500 3.8% $-707 -1.9% 178
Lakes of the Four Seasons $322,000 3.4% $-939 +0.0% 177
Angola $254,200 2.8% $-972 +4.1% 176
Plymouth $235,000 3.5% $-702 +2.7% 175
Washington $180,000 4.9% $-226 +5.2% 174
Clarksville $290,000 3.5% $-626 -2.8% 174
Ingalls $320,000 4.0% $-649 +2.0% 173
Osceola $315,000 3.4% $-806 +3.4% 171
Princeton $169,900 4.6% $-357 +0.4% 168
New Palestine $388,000 2.7% $-1,129 -2.1% 167
DeMotte $311,500 2.4% $-1,079 -2.8% 165
Boonville $206,000 3.5% $-593 +13.8% 158
Heritage Lake $307,450 3.6% $-793 -0.5% 158
Pendleton $318,000 3.3% $-790 +3.7% 157
Scottsburg $219,000 4.1% $-291 +2.1% 155
Corydon $259,991 3.5% $-615 +5.3% 155
Greencastle $214,150 4.3% $-422 +8.3% 154
Decatur $188,450 3.4% $-703 +13.1% 154
Memphis $311,388 5.1% $-288 -1.1% 150
Lake Station $181,000 6.4% $17 +1.8% 143
Rochester $195,000 2.4% $-974 +2.5% 139
Salem $182,500 2.5% $-740 +1.9% 134
Monrovia $320,000 4.5% $-482 -3.8% 134
Leo-Cedarville $465,000 1.6% $-2,063 +2.1% 133
Simonton Lake $292,460 1.9% $-1,391 +4.9% 133
Wabash $152,500 4.0% $-305 +17.2% 133
East Chicago $155,000 8.2% $233 -2.2% 132
Monticello $236,000 3.3% $-711 -3.6% 131
Sheridan $314,950 3.1% $-872 +5.3% 130
Darmstadt $365,000 2.6% $-1,302 +5.0% 128
Brazil $169,900 2.6% $-695 +28.3% 127
South Haven $235,000 6.3% $4 -6.6% 124
Rensselaer $208,750 3.6% $-466 +7.1% 120
Dunlap $308,800 2.9% $-910 +3.6% 120
Bristol $318,000 1.0% $-2,441 +1.9% 119
Austin $179,900 4.2% $-317 +6.2% 119
Floyds Knobs $417,450 2.6% $-1,319 +5.9% 116
Mitchell $167,500 5.6% $-91 -0.8% 115
Pittsboro $368,700 2.8% $-1,125 +2.9% 114
Hartford City $123,750 5.1% $-173 +6.7% 112
Nashville $325,000 2.9% $-1,179 +15.3% 111
Rushville $175,000 4.0% $-450 -4.3% 108
Hebron $309,000 3.3% $-860 -7.1% 105
Syracuse $333,700 1.7% $-1,321 +11.6% 104
Speedway $265,000 4.2% $-436 -3.4% 103
Wheatfield $310,000 2.6% $-1,220 +0.5% 102
Hidden Valley $359,900 1.6% $-2,061 +9.4% 101
Batesville $286,000 2.2% $-1,178 +2.4% 100
North Vernon $195,000 4.1% $-391 +4.7% 99
North Manchester $214,900 3.1% $-686 -1.2% 98
Winona Lake $329,900 2.0% $-1,449 +0.6% 97
Spencer $220,000 2.2% $-978 +4.4% 97
Cloverdale $185,000 3.5% $-479 -7.9% 95
Linton $165,000 5.2% $-184 -5.0% 95
Hanover $250,900 2.5% $-867 +15.7% 94
Middlebury $345,000 2.9% $-1,120 -2.0% 92
Cicero $369,500 2.9% $-1,216 +7.1% 92
Paoli $173,500 4.1% $-364 -5.0% 91
Winchester $171,250 5.1% $-156 +30.1% 90
Tipton $225,000 3.8% $-489 +0.0% 89
Culver $345,000 1.9% $-1,677 +19.9% 85
North Judson $188,148 3.7% $-599 +21.4% 83
Santa Claus $249,000 2.5% $-993 -6.0% 83
Norway $295,000 2.2% $-1,284 -12.8% 83
Kingsford Heights $236,990 3.8% $-550 +6.8% 83
Cordry Sweetwater Lakes $413,500 1.2% $-2,238 +11.3% 82
Snow Lake $356,000 1.1% $-2,480 +19.6% 82
Sullivan $169,900 4.5% $-293 +16.0% 82
Melody Hill $277,570 4.1% $-544 +9.0% 81
Knox $194,500 3.8% $-633 +9.2% 80
Enchanted Hills $450,000 0.3% $-3,054 +2.7% 80
Aberdeen $436,800 2.4% $-1,561 -5.4% 80
Greentown $220,000 6.0% $-33 +11.0% 80
Jimmerson Lake $420,000 0.7% $-2,342 -2.2% 80
Fremont $239,500 3.3% $-604 -4.5% 77
Hamilton $342,450 2.7% $-1,114 +8.7% 74
Bass Lake $232,475 4.5% $-414 +11.9% 74
Roselawn $260,000 3.6% $-611 -8.0% 73
Bright $352,000 1.5% $-2,054 +13.9% 73
Huntingburg $252,000 3.7% $-474 +13.3% 73
Portland $155,000 4.7% $-198 +23.4% 73
Kouts $267,450 2.9% $-786 -6.4% 72
Loogootee $187,150 2.8% $-778 +16.8% 70
Battle Ground $338,000 2.6% $-1,301 -1.2% 69
Westville $329,000 1.8% $-1,594 +3.1% 69
Barbee $305,000 1.3% $-1,541 +11.6% 67
Nappanee $249,450 3.0% $-748 +0.0% 66
Grandview Lake $384,950 2.0% $-1,536 +9.6% 66
New Salisbury $262,900 4.7% $-331 +8.2% 65
French Lick $190,000 3.1% $-672 -0.4% 65
Country Squire Lakes $162,000 6.0% $-47 +13.8% 65
Shadeland $460,000 2.0% $-1,821 +7.4% 65
Porter $301,750 4.3% $-450 -7.1% 64
Oswego $357,500 1.7% $-1,462 -8.1% 62
Middletown $195,750 5.2% $-182 +3.0% 62
Chain-O-Lakes $280,000 2.4% $-1,197 +4.1% 62
Morgantown $235,000 2.3% $-1,089 +8.4% 61
Butler $168,000 2.6% $-705 +3.5% 61
Lake Dalecarlia $339,900 3.3% $-884 -1.0% 61
Churubusco $262,500 2.0% $-1,359 +11.0% 61
Gas City $169,400 3.6% $-474 +6.7% 61
Lanesville $269,991 2.1% $-952 +0.6% 60
Milford $256,200 3.6% $-658 +1.0% 60
Lagrange $222,500 2.8% $-846 +3.6% 60
Shorewood Forest $542,700 2.0% $-2,374 -5.1% 59
Delphi $178,700 5.2% $-242 -4.5% 58
Edinburgh $218,500 3.3% $-695 +8.3% 58
Trafalgar $309,000 3.2% $-793 +4.0% 57
Covington $253,000 2.7% $-748 -6.7% 57
Henryville $250,000 1.6% $-1,553 +4.0% 57
Wolcottville $250,000 1.6% $-1,537 -2.3% 56
Greenville $352,500 2.7% $-1,132 +6.9% 56
Dayton $402,000 1.4% $-2,288 +6.9% 56
New Carlisle $290,000 1.5% $-1,840 +2.8% 56
Lake Eliza $310,000 2.0% $-1,630 -9.2% 56
North Terre Haute $212,300 3.3% $-588 +6.4% 55
Avilla $229,900 3.3% $-664 +3.9% 55
Ross $155,500 7.8% $194 +12.1% 54
Albion $219,900 4.2% $-404 +18.0% 53
Clinton $118,000 6.6% $22 +68.5% 52
Fowler $185,000 2.7% $-676 +9.2% 51
Helmsburg $349,900 1.0% $-2,179 +6.6% 51
Oakland City $156,000 6.5% $14 +13.9% 51
Fort Branch $206,000 3.6% $-411 -11.1% 51
South Whitley $200,000 3.6% $-429 +12.9% 51
Solsberry $224,900 4.2% $-441 -16.0% 51
Roanoke $299,000 1.7% $-1,655 -8.1% 51
Brookville $235,000 3.4% $-564 +12.9% 51
Lapel $260,000 4.0% $-522 -13.8% 51
Hope $175,500 3.6% $-569 +18.8% 50
Berne $202,750 4.0% $-429 +8.3% 50
Prince's Lakes $300,000 2.7% $-834 -16.0% 50
North Webster $247,000 1.9% $-1,276 +5.7% 49
Knightstown $240,000 3.4% $-651 -4.5% 49
Brownstown $216,500 3.2% $-608 -2.3% 48
Lakeville $362,615 1.7% $-1,672 +8.4% 48
Blocher $209,000 2.7% $-1,109 +3.0% 48
Union City $141,000 6.8% $47 +3.5% 48
Dunkirk $103,500 8.7% $231 -5.1% 48
Rockville $185,000 5.8% $-90 +6.9% 47
Mulberry $239,000 3.1% $-661 +11.0% 46
Belleville $348,900 2.7% $-947 -2.5% 46
Roseland $189,000 4.4% $-332 +7.9% 46
Argos $229,000 3.4% $-548 -7.6% 45
Borden $235,000 4.3% $-551 +0.6% 45
Underwood $258,950 1.7% $-1,404 +14.8% 44
Lake Santee $239,500 3.1% $-958 +0.0% 44
Bloomfield $204,000 5.0% $-292 -3.1% 44
Crothersville $168,000 4.4% $-271 +5.5% 44
Veedersburg $170,000 5.8% $-54 +9.7% 43
Bremen $260,000 3.1% $-838 +3.8% 43
Vevay $235,000 4.0% $-479 +15.2% 43
Rome City $365,000 1.1% $-1,824 +16.2% 43
Waverly $336,000 3.4% $-847 -14.4% 43
Philadelphia $360,000 4.1% $-707 -18.5% 43
Albany $156,950 3.9% $-318 -3.4% 42
Koontz Lake $201,450 3.1% $-717 +15.3% 42
Chesterfield $162,400 4.0% $-459 +7.5% 42
Buffalo $215,000 2.1% $-967 +21.1% 42
Rolling Prairie $262,450 1.8% $-1,768 -4.4% 42
Tri-Lakes $261,500 1.7% $-1,932 -8.9% 42
Whiting $244,500 2.9% $-987 -10.9% 42
Attica $152,200 3.7% $-479 -2.5% 41
Eminence $262,000 1.8% $-1,938 +3.3% 41
Galveston $168,000 4.2% $-330 +14.2% 41
Milan $275,000 2.9% $-836 +2.4% 41
East Enterprise $176,000 3.1% $-1,002 -13.2% 41
Thorntown $292,000 2.5% $-974 +3.4% 41
Lake Village $288,000 1.8% $-1,584 +15.7% 40
Owensburg $200,946 1.8% $-1,312 +2.0% 40
Van Bibber Lake $200,950 4.0% $-417 +22.8% 40
Poland $150,000 3.3% $-477 +3.8% 40
Woodburn $267,500 2.9% $-988 +10.9% 40
Bicknell $135,000 7.4% $91 +8.3% 39
Avoca $251,900 2.3% $-1,455 -4.1% 39
Worthington $182,000 2.9% $-815 -14.4% 39
Hatfield $155,000 6.9% $94 +4.8% 39
Waterloo $180,000 1.9% $-1,112 -9.1% 39
Orleans $175,900 2.9% $-900 +4.2% 39
New Pekin $199,900 3.6% $-487 -2.6% 39
Eaton $179,900 6.3% $2 +33.3% 39
Tell City $142,000 4.0% $-457 +3.1% 39
Rockport $144,500 5.5% $-102 +1.0% 38
Galena $304,000 2.4% $-1,195 -7.3% 38
Big Lake $272,500 1.4% $-1,305 -7.8% 38
Versailles $201,000 2.9% $-854 -1.0% 38
Vistula $315,000 2.4% $-1,321 +8.7% 37
Bargersville $350,000 3.2% $-1,083 +5.1% 37
Otisco $199,000 2.5% $-867 +4.6% 37
Gosport $219,000 2.9% $-689 -0.7% 37
Utica $540,000 2.7% $-937 -6.4% 37
Taylorsville $229,750 4.6% $-361 +2.6% 36
New Washington $245,000 3.4% $-571 -11.7% 36
North Liberty $255,000 2.5% $-1,012 -2.5% 36
Petersburg $168,950 4.2% $-360 -2.2% 36
Walkerton $194,900 3.8% $-530 +14.2% 35
Freetown $315,000 1.7% $-1,251 +13.4% 35
Judah $319,950 3.3% $-741 -4.9% 34
Silver Lake $199,450 5.8% $-56 +8.5% 34
Daleville $205,000 4.1% $-422 -17.4% 33
Pierceton $199,000 4.3% $-416 +0.3% 33
Painted Hills $350,000 1.8% $-1,694 +4.7% 33
Trail Creek $240,000 4.9% $-270 +10.1% 33
Rossville $299,000 1.9% $-1,330 +29.1% 33
Fairland $237,500 3.1% $-674 +2.2% 32
Edgewood $222,500 3.9% $-459 +7.4% 32
Putnamville $237,500 3.1% $-729 -2.7% 32
Farmland $185,200 3.7% $-508 +34.5% 32
Geneva $207,500 4.4% $-387 +8.9% 32
Jonesboro $135,000 5.4% $-140 +15.6% 31
Flora $199,900 3.9% $-460 -3.3% 31
Darlington $209,000 3.6% $-694 +0.0% 31
Kentland $165,000 4.0% $-304 -2.0% 31
Palmyra $170,000 4.0% $-507 +0.7% 31
Patricksburg $224,000 1.8% $-1,615 +35.3% 31
Salt Creek Commons $249,900 6.0% $-61 +4.9% 31
Burns Harbor $325,000 3.0% $-950 +12.8% 30
Riverwood $327,500 4.5% $-404 -13.7% 30
Otterbein $226,250 3.6% $-515 +5.2% 30
Gilmer Park $205,000 5.4% $-172 +14.2% 30

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