The late September 2026 housing market is telling two stories at once: the 30-year fixed mortgage rate reached 6.95%, its highest since January 2025, while national inventory climbed above 1.6 million units for the deepest months-of-supply reading in more than a decade.

Freddie Mac's survey showed the 30-year up 19 basis points in a single week, and existing-home sales cooled to a 3.98 million annual pace, the slowest since June 2025. Even so, prices are holding: the national median rose 1.6% year-over-year to $429,100, Indiana set an all-time median record of $290,000 in June, and Hamilton County's year-to-date median holds near $474,900.

The practical read for buyers is to lock a rate that fits the budget and use deeper inventory to negotiate; for sellers, competitive pricing from day one, strong condition, and strategic concessions matter more now than at any point in the past few years.

I have worked this market for over 25 years, and I hold the SRES and CREN designations, so I help clients turn these headlines into clear decisions. If you are weighing the timing of a move in Hamilton or Boone County, I would welcome the conversation.

• 30-year fixed rate at 6.95% for the week ending September 17, up 19 basis points in one week, the highest since January 2025
• National inventory above 1.6 million units with 4.9 months of supply, the deepest since before the pandemic
• August existing-home sales pace at 3.98 million, the slowest since June 2025
• Indiana all-time median price record of $290,000; Hamilton County year-to-date median near $474,900
• Buyers gain real leverage while sellers lean on competitive pricing and strategic concessions

Read the full article here: https://everythinghamiltoncounty.com/blog/late-september-2026-housing-market-news-rates-695-inventory-builds-hamilton-boone-county/

Have questions? I am always available for a confidential conversation at 317-777-9146 or you can book a free consultation at https://bit.ly/Schedule_A_Chat.