Indianapolis, IN vs Philadelphia-Camden-Wilmington: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Indianapolis, IN vs Philadelphia-Camden-Wilmington side by side

Metric Indianapolis, IN Philadelphia-Camden-Wilmington
Alpha Score5531
Price Momentum4450
Inventory Health371
Affordability5428
Economic Strength9442
Rental Yield5345
Median Sale Price$325K
Price-to-Income4.23.7
Payment-to-Income25.1%22.5%
Months of Supply2
Gross Rental Yield4.2%5.2%
Overvaluation Index7010

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Indianapolis, IN and Philadelphia-Camden-Wilmington compare, dimension by dimension

  • Affordability: Indianapolis, IN leads — Indianapolis, IN 54/100 vs Philadelphia-Camden-Wilmington 28/100.
  • Price Momentum: Philadelphia-Camden-Wilmington leads — Indianapolis, IN 44/100 vs Philadelphia-Camden-Wilmington 50/100.
  • Inventory Health: Indianapolis, IN leads — Indianapolis, IN 37/100 vs Philadelphia-Camden-Wilmington 1/100.
  • Economic Strength: Indianapolis, IN leads — Indianapolis, IN 94/100 vs Philadelphia-Camden-Wilmington 42/100.
  • Rental Yield: Indianapolis, IN leads — Indianapolis, IN 53/100 vs Philadelphia-Camden-Wilmington 45/100.

Frequently asked questions

Which has a higher Alpha Score, Indianapolis, IN or Philadelphia-Camden-Wilmington?

Indianapolis, IN scores higher — 55 vs 31 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Indianapolis, IN or Philadelphia-Camden-Wilmington more affordable?

Indianapolis, IN is more affordable on our affordability dimension. Price-to-income is 4.2 in Indianapolis, IN and 3.7 in Philadelphia-Camden-Wilmington.

Which housing market has stronger momentum, Indianapolis, IN or Philadelphia-Camden-Wilmington?

Philadelphia-Camden-Wilmington has stronger price momentum — 50/100 vs 44/100.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Indianapolis, IN market brief and the Philadelphia-Camden-Wilmington brief.