2026 real estate market conditions in Indiana and Michigan shows mortgage rates easing from about 7.0% to roughly 6.0–6.3%, which is expected to improve buyer affordability and support continued demand.
Indiana
Modest home price growth of approximately 1–3%, an increase in available inventory of about 5–15%, and projected sales growth of 4–7%, with Indianapolis identified as a key buyer-friendly market.
Michigan
Stronger projected price growth of about 3–5%, modest inventory gains, steady sales activity, and strong performance in metro areas such as Grand Rapids, Holland, and Zeeland.