59Alpha

Kokomo, IN metro area Housing Market Brief

metro · IN · as of August 2026

Balanced

What is Kokomo, IN metro area’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%
-19.831
Inventory Health25%
+8.448
Affordability20%
+4.392
Economic Strength20%
48
Rental Yield15%
+13.289

Where is Kokomo, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Kokomo, IN metro area 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 Kokomo, IN metro area?

Our model forecasts Kokomo, IN metro area’s home prices to rise about 2.6% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Kokomo, IN metro area housing market data

MetricValueYoY
Median Sale Price$187K-1.9%
Median Days on Market41 days▲ +28.1%
Months of Supply2.6▲ +73.3%
Homes for Sale299▲ +28.9%
Homes Sold118-26.7%
Median Price / Sq Ft$130▲ +8.3%

How has Kokomo, IN metro area’s Alpha Score moved?

Now: 59
12-period trend
Median sale price · 12 mo

Markets like Kokomo, IN metro area

Frequently asked questions

Is Kokomo, IN metro area a buyer's or seller's market?

As of August 2026, Kokomo, IN metro area is classified as a Balanced Market, based on its Alpha Score of 59 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Kokomo, IN metro area?

The median sale price in Kokomo, IN metro area is $187K, having fallen 1.9% over the past year.

How affordable is Kokomo, IN metro area?

Kokomo, IN metro area scores 92 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Kokomo, IN metro area's Alpha Score?

Kokomo, IN metro area's strongest dimension is Affordability (92/100) and its weakest is Price Momentum (31/100). The Alpha Score is a weighted blend of all five dimensions.

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