Permits through August 2026Yearly permits since 1995Marion County index 1975–2025
Marion County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Marion County's FHFA index, with the national index rebased to the same start.
Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.
In the 12 months to August 2026, building permits in Indianapolis, Indiana, covered 1,485 housing units (−19.9% year on year); the place lies in Marion County.
1,007 of those units were single-family houses (68%), 0 were in two- to four-unit buildings and 478 in buildings of five or more units.
Since 1995 the place has authorised 88,038 units, with the busiest year 2001 (5,873 units). Marion County's FHFA house price index rose +100.2% over the ten years to 2025.
1,485units permitted, 12 months to August 2026−19.9% on the previous 12 months
1,007single-family units68% of the total
478units in 5+ unit buildings32% of the total
—units per 1,000 residentsMarion County 1.6 · Indiana 4.0
Permits by month and structure type
Housing units authorised in Indianapolis by month, latest 24 monthssingle-family2+ unit buildings
Units, 12 months to August 2026
Indianapolis
Marion County
Indiana
United States
All housing units
1,485
1,542
27,672
1,418,086
Single-family (1 unit)
1,007 (68%)
1,064 (69%)
20,168 (73%)
888,241 (63%)
2 units
0
0
586
34,814
3–4 units
0
0
140
17,298
5 or more units
478 (32%)
478 (31%)
6,778 (24%)
477,733 (34%)
Units per 1,000 residents
—
1.6
4.0
4.1
Change on previous 12 months
−19.9%
−20.8%
−7.2%
−0.1%
Permits by year since 1995
Housing units authorised in Indianapolis by year, 1995–2025single-family2+ unit buildings
88,038 units since 1995; the busiest year was 2001. Annual figures include units imputed for months a place did not report.
Home prices in Marion County
FHFA's index for Marion County rose +100.2% over the ten years to 2025 (+7.2% a year) and +3.4% in the latest year, against +94.5% and +4.3% for Indiana. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.
Questions and answers
How many homes are being built in Indianapolis, IN?
1,485 housing units were authorised by building permits in the 12 months to August 2026, against 1,854 in the previous 12 months.
What kind of housing is being permitted in Indianapolis?
1,007 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 478 in buildings of five or more units.
How does Indianapolis compare with its county and state?
No population estimate is attached to this permit-issuing area, so a per-resident rate is not shown; Marion County runs at 1.6 units per 1,000 residents and Indiana at 4.0.
How have home prices moved in Marion County?
FHFA's index for Marion County rose +100.2% over the ten years to 2025 and +3.4% in the latest year; the county page has the full series.
What does a permit count?
A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.
Provenance
Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 318000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.