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Indy will be among hottest housing markets this year, Zillow predicts. What that means

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Indy will be among hottest housing markets this year, Zillow predicts. What that means


Indianapolis is expected to have the No. 4 hottest real estate market in the country this year, according to online real estate listing site Zillow.

Most of the cities that made it onto Zillow’s annual list were in the Midwest, Great Lakes region and the South, with Buffalo, N.Y., predicted as the hottest 2024 housing market.

The list is based on an analysis of forecast home value growth, recent housing market velocity, projected changes in the labor market, home construction activity and number of homeowner households. The analysis was applied to the top 50 metropolitan areas by population.

More on real estate: See inside 3 of the top home sales in Indianapolis in 2023

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Also in the top five are Columbus and Cincinnati, Ohio, and Providence, Rhode Island.

Buffalo topped the list because of recent increases in the number of jobs created compared to the number of new home construction projects being approved, as well as expectations for steady home values.

Zillow’s predicted 10 hottest housing markets of 2024:

  1. Buffalo, NY
  2. Cincinnati, OH
  3. Columbus, OH
  4. Indianapolis, IN
  5. Providence, RI
  6. Atlanta, GA
  7. Charlotte, NC
  8. Cleveland, OH
  9. Orlando, FL
  10. Tampa, FL

Some of the highest mortgage rates since 2008 slowed growth in home prices last year, Zillow said, and it expects only 15 of the 50 largest markets to see home values grow in 2024.

Even some of the fastest-growing markets of 2023 are expected to see significant slowdowns in the year to come, said Anushna Prakash, data scientist for Zillow Economic Research.

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Local Journalism impact: For the greater good of Central Indiana: IndyStar’s Community Impact Report

Zillow predicts that low inventory will also continue. Some of the markets with the lowest supply in 2023, or in other words where homes generally sold the fastest, were in Hartford, Cincinnati and Columbus.

One factor keeping supply low, Zillow said, is that baby boomers are not selling their homes as they age to the extent previous generations did. Millennials, meanwhile, are aging into their prime home-buying years.

In 2024, only 14 of the 50 largest markets are expected to see homeownership rise, Zillow said.

Zillow’s list was based on the following data:

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  • Forecast annual home value appreciation in November 2024
  • Forecast acceleration in home value appreciation, November 2023 to November 2024
  • Days on market per home, January 2023 to November 2023
  • Two-year change in total non-farm employment per two-year residential building permit total
  • Projected change in owner-occupied households, 2023 to 2024

Contact IndyStar reporter Caroline Beck at 317-618-5807 or CBeck@gannett.com. Follow her on Twitter: @CarolineB_Indy.

Caroline’s reporting is made possible by Report for America and Glick Philanthropies. As part of its work in Marion County, Glick Philanthropies partners with organizations focused on closing access and achievement gaps in education. 

Report for America is a program of The GroundTruth Project, a nonpartisan, nonprofit organization dedicated to strengthening local newsrooms. Report for America provides funding for up to half of the reporter’s salary during their time with us, and IndyStar is fundraising the remainder.  

To learn more about how you can support IndyStar’s partnership with Report for America and to make a donation, visit indystar.com/RFA.





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Indianapolis, IN

1 dead after shooting on Indy’s near south side

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1 dead after shooting on Indy’s near south side


INDIANAPOLIS — One person died in a shooting on Indy’s near south side on Saturday evening.

According to the Indianapolis Metropolitan Police Department, officers were called to the 2300 block of S. Pennsylvania Street at approximately 9:45 p.m. on report of a shooting. This is a residential area located near Raymond Street and Madison Avenue.

Officers reported finding an adult male suffering from an apparent gunshot wound outside a residence. The victim was rushed to an area hospital in critical condition, but later was pronounced deceased.

The Marion County Coroner’s Office has not released the deceased’s name at this time.

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Police ask anyone with information about this shooting to contact Detective Kristina Friel at the IMPD Homicide Office at (317) 327-3475 or e-mail the detective at Kristina.Friel@indy.gov. To remain anonymous, contact Crime Stoppers at (317) 262-TIPS.



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Indianapolis, IN

Pirates farm report for April 18, 2026: Rafael Flores Jr. hits 1st homer in Indianapolis win

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Pirates farm report for April 18, 2026: Rafael Flores Jr. hits 1st homer in Indianapolis win


INDIANAPOLIS (Triple A, 6-14) thumped Omaha (Royals), 11-3. 1B Rafael Flores Jr. (.206) went 2 for 3 with a double, his first home run, two runs scored and three RBIs. LF Tyler Callihan (.239) went 3 for 4 with a double and his first homer, a two-run shot. DH Enmanuel Valdez (.273) went 2 for 4 with his first homer and three runs scored. RF Esmerlyn Valdez (.258) went 2 for 5 with two doubles and a run scored. SS Davis Wendzel (.269) went 1 for 3 with a double, two walks, two runs scored and two RBIs. RHP Carson Fulmer (2-0, 5.51) started, gave up three runs on three hits in five innings and earned the win. RHP Chris Devenski (1.50) and LHP Joe La Sorsa (3.24) each pitched two scoreless innings.

Next: Sunday at Omaha (Royals), 3:05 p.m.

ALTOONA (Double-A, 2-12) had two hits – both solo home runs – and beat Portland (Red Sox), 2-0. LHP Dominic Perachi (1-0, 1.80) started and went six innings, allowing three hits and two walks with three strikeouts. RHP Landon Tomkins (3.38) followed with two scoreless. RHP Jaycob Deese (3.00) worked the ninth for his first save. LF Titus Dumitru (.146) went 1 for 3 with his second homer. C Shawn Ross (.182) went 1 for 3 with his second homer.

Next: Sunday vs. Portland (Red Sox), 1 p.m.

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GREENSBORO (High-A, 10-4) lost 8-3 to Brooklyn (Mets). C Easton Carmichael (.273) went 2 for 4 with an RBI. RF Shalin Polanco (.250) went 1 for 3 with a stolen base and an RBI. 1B Jared Jones (.277) went 2 for 5 with a run scored. RHP Carlson Reed (0-1, 7.36) started, recorded one out and gave up four runs on two hits and four walks. RHP Jose Garces (3.60) pitched two scoreless innings.

Next: Sunday at Brooklyn (Mets), 2 p.m.

BRADENTON (Low-A, 5-9) allowed seven stolen bases in its 6-5 loss to Tampa (Yankees). CF Edward Florentino, starting a rehab assignment as he recovers from an ankle injury, went 1 for 3 with a walk, double and run scored. LHP Reinold Navarro (6.43) started and gave up three hits, four walks and two earned runs over three innings while striking out five. SS/1B Eddie Rynders (.128) went 2 for 4 with a double and an RBI. DH Edgleen Perez (.238) went 1 for 4 and drove in two runs. LF/CF Josh Tate (.208) went 2 for 5 with an RBI. 2B/SS Antonio Pimentel (.154) went 2 for 4 with a double. RHP Greiber Mendez (5.40) and RHP Noah Murdock (0-1, 9.00), who took the loss, each gave up two hits and one run in one inning. RHP Treyson Peters pitched the final three innings, allowing five hits, one earned run and one walk while striking out two.

Next: Sunday at Tampa (Yankees), noon

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The Zone Extra | April 18, 2026

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The Zone Extra | April 18, 2026


INDIANAPOLIS (WISH) — It was another busy week in high school sports in central Indiana and ‘The Zone Extra’ has it all covered.

Athlete of the week and Guerin Catholic senior outfielder Ian Taylor is off to a scorching hot start to the young season. Check out his interview as well as Guerin Catholic head coach Dave Schrage talk about Taylor’s success.

The Johnson County baseball tournament came to a close. See highlights from Center Grove’s tournament victory.

The 4A baseball coaches poll was released as well as the 3A softball coaches poll.

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The former Columbus North gymnastics coach, John Hinds, passed away at 88 years old.

Center Grove head softball coach Alyssa Coleman joins the show for a coaches corner conversation.

See highlights from the Colts Local Pro Day, featuring several former Hoosiers and Purdue’s Devin Mockobee.

Girls lacrosse is in the first season as an IHSAA emerging sport.

All of that, and more, can be found in the full The Zone Extra show above.

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