According to the Zillow Home Value Index , Indiana offers some of the most affordable housing markets in the United States. The data analyzed for this report spans 15 years, revealing fascinating patterns in home value appreciation across the state’s smaller communities.
You’ll be surprised to learn that even the least expensive towns have seen remarkable growth, with an average price increase of 137.66% from 2010 to 2025. The tiny town of Ambia showed the most dramatic growth at an astonishing 240.28% over this period, while some traditionally industrial communities like Gary have rebounded impressively from post-recession lows, with home values nearly tripling since 2015…