Plymouth, IN Housing Market
AI-powered market intelligence for the Plymouth, IN metro area.
PropertyIQ Scores
Plymouth, IN Market Analysis
Market Overview
Plymouth’s PropertyIQ Score of 92 out of 100 positions it as a strong market by the scoring model’s standards. The top score drivers include a 12-month home value momentum reading of 12.11%, a 3-month momentum reading of 1.74%, a median days-on-market of 46 days, and a 20.8% share of listings with a price cut. These indicators suggest a market where homes are selling at a steady pace and sellers are not frequently reducing prices, which typically points to healthy demand. The median home value is $269,705, about $9,610 above the Indiana average of $260,095.
Compared with state benchmarks, Plymouth also shows a rental market premium. The rent index is $1,162, which is $142 higher than the state average of $1,020. The unemployment rate matches the state at 3.3%, indicating local labor conditions are in line with the broader Indiana economy. Median household income is $68,041, slightly below the state average of $70,051. That combination—higher home values and rents but somewhat lower income—means housing costs are a bit heavier relative to local incomes than the state benchmark, though the gap is modest.
One nuance in the data is the year-over-year change in median home value: -$5, which is essentially flat. While the PropertyIQ momentum indicators are positive, annual median price movement appears to have leveled off. There are 93 homes for sale, and with 46 days on market, inventory is being absorbed at a solid clip. However, the flat annual price change suggests the market may be transitioning from rapid gains to stability.
Key Trends
First, home value momentum is positive over both the 12-month and 3-month windows. The 12.11% 12-month momentum and 1.74% 3-month momentum are top score drivers, signaling upward pressure on values in those periods. However, the median home value’s year-over-year change is -$5, so that momentum has not translated into a meaningful annual price increase by that measure.
Second, rental income potential is above state averages. Plymouth’s rent index of $1,162 is $142 higher than Indiana’s $1,020 average. Combined with a low unemployment rate of 3.3%, this supports a reasonably strong local rental demand picture.
Third, market speed and pricing discipline stand out. A median days-on-market of 46 days and a 20.8% share of listings with a price cut suggest sellers are not struggling to attract offers. With 93 homes for sale, inventory is not overly deep, which helps keep the pace of sales steady.
Fourth, affordability is slightly strained. Median household income is $68,041, about $2,010 below the state average of $70,051, while the median home value is about $9,610 above the state average. This creates a somewhat tighter affordability equation for local buyers compared with the typical Indiana market.
Who Is This Market For
Plymouth’s profile is well suited to buy-and-hold investors and landlords. The rent index of $1,162 exceeds the state average of $1,020, and the unemployment rate is on par with the state at 3.3%, suggesting enough local job stability to support rental payments. A median days-on-market of 46 days and a 20.8% price cut share also indicate that investment properties are unlikely to sit long if they need to be resold. Investors may view the PropertyIQ Score of 92 as a signal of overall market health.
For first-time buyers, the math is somewhat mixed. The median home value of $269,705 is above the state average, while median household income is slightly below the state average. That combination can make down payments and monthly mortgage costs feel heavier than in other Indiana markets. Move-up buyers who already have equity and are selling into a fast-moving market may find it easier, especially given the relatively low days-on-market and limited price cutting. Population growth data is not available, so buyer profiles that rely on strong demographic expansion are harder to confirm.
Outlook
The data supports a near-term outlook of stability rather than sharp increases or declines. The 12-month home value momentum of 12.11% and 3-month momentum of 1.74% suggest the market still has underlying energy, but the year-over-year median home value change of -$5 points to flattening prices. A median days-on-market of 46 days and a 20.8% price cut share indicate that demand remains firm enough to keep selling conditions competitive, assuming the inventory of 93 homes for sale does not spike. The rent index of $1,162, above the state average, should continue to attract investor interest, while unemployment at 3.3% supports household formation. The missing population growth data makes the long-term demand picture less certain, but the available metrics point to a market that is likely to remain steady in the coming months.
AI-generated analysis based on current market data. Last updated September 26, 2026.
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Plymouth, IN market data
Plymouth, IN Housing Market Overview
Plymouth, IN's median home value is $270K, up 12.1% over the past year. Homes here sell in a median 46 days. Its PropertyIQ Score of 92 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
Understanding the Plymouth, IN housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this IN metro is set to perform relative to the rest of its state.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Plymouth, IN's PropertyIQ Score of 92 ranks among the Midwest's stronger demand signals.
Each month, PropertyIQ updates its score for Plymouth, IN using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 12.1% over the past year.
View Plymouth, IN's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Plymouth, IN a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Plymouth, IN currently scores 92, a very strong-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $270K, up 12.1% over the past year. So whether Plymouth, IN is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Plymouth, IN?
Plymouth, IN's PropertyIQ Score is 92, indicating very strong momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 92 places Plymouth, IN above its state benchmark.
Are home prices in Plymouth, IN rising or falling?
Home prices in Plymouth, IN are rising. Over the past year, the median home value increased 12.1%, reaching $270K. Over the latest three months, values moved up 1.7%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Plymouth, IN's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Plymouth, IN?
In Plymouth, IN, homes sell in a median of 46 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 21% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Plymouth, IN market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.