Back to the Heartland: Home Prices Spiking in These 5 Cities

For years, the Midwest was overlooked—flyover country, as they called it. But post-pandemic, that story’s changing. Cities like Indianapolis are seeing a wave of new residents relocating from expensive coastal metros, and the impact on our housing market is undeniable.

Professionals and families alike are being drawn to the Circle City for its combination of opportunity and affordability. Indianapolis continues to attract talent in health care, tech, logistics, and advanced manufacturing—all industries that offer solid, future-facing careers. Combine that with a lower cost of living and a slower pace of life, and it’s no surprise our population is on the rise.

According to recent U.S. Census data, the heartland now houses nearly 40% of the nation’s population—growing faster than the rest of the country for the first time in over 60 years. Indianapolis, in particular, has seen steady home price growth since 2019, though we remain one of the most affordable major metros in the region. As of spring 2025, the typical home here lists for $315,000—well below national averages and significantly lower than peers like Nashville or Austin.

That affordability is pulling in buyers from places like Washington, D.C., New York, and Chicago, who are browsing Indianapolis listings in growing numbers. And they’re not just looking—they’re moving. Our economy is growing, unemployment is low, and quality of life ranks high, especially for those seeking more space and a stronger sense of community.

While cities like Columbus and Nashville grab headlines for billion-dollar investments and rapid price gains, Indianapolis has been playing a quieter, more sustainable game—and that's exactly why it's becoming one of the Midwest’s most attractive places to call home.

JL