58Alpha

Hendricks County, IN Housing Market Brief

county · IN · score computed October 2026

Balanced

What is Hendricks County, IN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●37
Inventory Health25%
●82

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●45
Economic Strength20%
●67
Rental Yield15%
●49

Where is Hendricks County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hendricks County, IN is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Hendricks County, IN?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Hendricks County, IN housing market data

MetricValueYoYSource
Median Sale Price$354K▲ +3.3%Redfin
Median Days on Market28 days▲ +3.7%Redfin
Months of Supply2.6▲ +13%Redfin
Homes for Sale662▲ +2.2%Redfin
Homes Sold250▼ -12.3%Redfin
Median Price / Sq Ft$160▼ -3.8%Redfin

How has Hendricks County, IN’s Alpha Score moved?

Now: 58
2-period trend
Median sale price · 12 mo

Markets like Hendricks County, IN

Frequently asked questions

Is Hendricks County, IN a buyer's or seller's market?

In the scores computed October 2026, Hendricks County, IN is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Hendricks County, IN?

The median sale price in Hendricks County, IN is $354K, having risen 3.3% over the past year, according to Redfin.

How affordable is Hendricks County, IN?

Hendricks County, IN scores 45 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Hendricks County, IN's Alpha Score?

Hendricks County, IN's strongest dimension is Inventory Health (82/100) and its weakest is Price Momentum (37/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Hendricks County, IN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.