I’ve uncovered some fascinating patterns in Indiana’s real estate market using the Zillow Home Value Index. The data reveals striking investment performance across the state’s most coveted neighborhoods, with significant appreciation rates that challenge conventional thinking about Midwest real estate.
What stands out most is the remarkable consistency of growth—even during periods when national markets fluctuated wildly. These Indiana enclaves have shown resilience through various economic cycles, including the post-2010 recovery and the pandemic boom years, establishing themselves as quietly reliable wealth generators.
The contrast between Indianapolis’s affluent suburbs and emerging hotspots in college towns like Bloomington and West Lafayette highlights Indiana’s diverse investment landscape. While Williams Creek maintains its position at the summit with values exceeding $1.4 million, neighborhoods like Harter Heights have delivered astonishing 200%+ returns over 15 years, proving that entry points matter as much as location.
25. Woodland Lake
- 2025 Home Value: $440,191
- 2020 Home Value: $304,028
- 2015 Home Value: $253,018
- 2010 Home Value: $246,368
- % Change (2010–2025): 78.7%
- % Change (2015–2025): 74.0%
- % Change (2020–2025): 44.8%
Woodland Lake’s financial trajectory shows remarkable consistency with nearly doubling in value since 2010. The property values accelerated significantly after 2020, capturing a 44.8% gain in just five years—outpacing inflation by a substantial margin and creating meaningful wealth for homeowners. Located within Fort Wayne’s desirable northern corridor, this Allen County community combines accessibility with established neighborhood stability.
24. Harter Heights
- 2025 Home Value: $440,651
- 2020 Home Value: $241,210
- 2015 Home Value: $146,112
- 2010 Home Value: $138,470
- % Change (2010–2025): 218.2%
- % Change (2015–2025): 201.6%
- % Change (2020–2025): 82.7%
Harter Heights represents one of Indiana’s most impressive investment stories with a staggering 218.2% appreciation since 2010—effectively tripling homeowner equity in 15 years. The acceleration has been particularly dramatic since 2020, with an 82.7% surge that ranks among the highest short-term growth rates in the state. Nestled near Notre Dame University in South Bend, this Saint Joseph County gem benefits from academic prestige and limited housing inventory.
23. Woodmont
- 2025 Home Value: $440,959
- 2020 Home Value: $297,175
- 2015 Home Value: $234,931
- 2010 Home Value: $204,093
- % Change (2010–2025): 116.1%
- % Change (2015–2025): 87.7%
- % Change (2020–2025): 48.4%
Woodmont has demonstrated exceptional investment fundamentals by more than doubling property values since 2010, with the financial returns accelerating notably after 2020. The neighborhood’s 48.4% five-year growth trajectory has created substantial equity gains for homeowners while maintaining affordability relative to comparable luxury communities. Situated in southwest Fort Wayne, this established Allen County enclave offers tree-lined streets and larger lot sizes that continue attracting premium buyer interest.
22. Cherry Hill
- 2025 Home Value: $442,755
- 2020 Home Value: $307,528
- 2015 Home Value: $263,321
- 2010 Home Value: $250,990
- % Change (2010–2025): 76.4%
- % Change (2015–2025): 68.1%
- % Change (2020–2025): 44.0%
Cherry Hill’s financial performance exhibits the steady appreciation profile typical of established luxury neighborhoods, with values increasing by 76.4% since 2010 and accelerating to 44% growth just since 2020. The area’s price resilience through economic cycles demonstrates its status as a wealth preservation vehicle with growth potential beyond inflation. This sought-after Fort Wayne neighborhood features mature landscaping and architectural diversity that commands premium pricing in Allen County’s competitive market.
21. Spicewood
- 2025 Home Value: $448,077
- 2020 Home Value: $326,384
- 2015 Home Value: $236,285
- 2010 Home Value: $208,544
- % Change (2010–2025): 114.9%
- % Change (2015–2025): 89.6%
- % Change (2020–2025): 37.3%
Spicewood has delivered outstanding financial returns with property values more than doubling since 2010, though the rate of appreciation has moderated slightly since 2020 compared to previous periods. This growth pattern suggests the neighborhood has reached a stable luxury position while still offering value relative to Bloomington’s highest-priced enclaves. Nestled in the rolling hills of Monroe County just east of Indiana University, Spicewood combines natural beauty with proximity to cultural amenities.
20. La Cabreah
- 2025 Home Value: $449,902
- 2020 Home Value: $317,567
- 2015 Home Value: $261,041
- 2010 Home Value: $231,069
- % Change (2010–2025): 94.7%
- % Change (2015–2025): 72.3%
- % Change (2020–2025): 41.7%
La Cabreah’s investment performance has nearly doubled property values since 2010, with a particularly strong 41.7% growth spurt in the last five years generating substantial returns for homeowners. The neighborhood maintains a steady appreciation curve that outpaces inflation while avoiding the volatility seen in some housing markets. Located in northeast Fort Wayne, this upscale Allen County community features distinctive French-inspired architecture and golf course frontage that continues attracting premium buyers.
19. Crows Nest
- 2025 Home Value: $451,174
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Crows Nest represents a unique financial case with limited historical data points but a strong current value position at $451,174. While trend analysis is constrained by data availability, the neighborhood’s current pricing reflects its position as an emerging luxury enclave with substantial investment potential. This exclusive Indianapolis municipality sits as a small incorporated town within Marion County, offering estate-sized lots and privacy that commands premium pricing despite its relative newcomer status in valuation data.
18. Elm Heights
- 2025 Home Value: $453,783
- 2020 Home Value: $353,326
- 2015 Home Value: $261,353
- 2010 Home Value: $228,730
- % Change (2010–2025): 98.4%
- % Change (2015–2025): 73.6%
- % Change (2020–2025): 28.4%
Elm Heights has demonstrated impressive long-term financial performance with values nearly doubling since 2010, though its post-2020 growth of 28.4% indicates a moderating pace compared to some peers. This trajectory suggests the neighborhood hit its growth stride earlier and now offers stability with continued appreciation potential at a more sustainable rate. Located in central Bloomington near Indiana University, this historic Monroe County neighborhood features distinctive architecture and walkability that maintains its investment appeal.
17. Hills and Dales
- 2025 Home Value: $454,417
- 2020 Home Value: $301,062
- 2015 Home Value: $215,041
- 2010 Home Value: $203,730
- % Change (2010–2025): 123.0%
- % Change (2015–2025): 111.3%
- % Change (2020–2025): 50.9%
Hills and Dales showcases exceptional financial growth with property values more than doubling since 2010 and maintaining robust momentum with a 50.9% surge just since 2020. This accelerating appreciation curve suggests the neighborhood continues to attract significant buyer interest and may have further upside potential in coming years. Located near Purdue University in West Lafayette, this Tippecanoe County gem features rolling topography and mature trees that create natural privacy for upscale homes.
16. Aberdeen
- 2025 Home Value: $456,739
- 2020 Home Value: $343,185
- 2015 Home Value: $294,703
- 2010 Home Value: $271,988
- % Change (2010–2025): 67.9%
- % Change (2015–2025): 55.0%
- % Change (2020–2025): 33.1%
Aberdeen presents a steady financial growth profile with 67.9% appreciation since 2010, though with more modest gains than some Indiana neighborhoods that saw triple-digit increases. The consistent progression indicates reliable wealth building potential with lower volatility than faster-growing areas, appealing to risk-conscious investors. Situated in northern Valparaiso, this Porter County community offers golf course living with Scottish-inspired architectural elements that maintain its distinctive market position.
15. Keystone at the Crossing
- 2025 Home Value: $459,045
- 2020 Home Value: $359,025
- 2015 Home Value: $296,697
- 2010 Home Value: $290,987
- % Change (2010–2025): 57.8%
- % Change (2015–2025): 54.7%
- % Change (2020–2025): 27.9%
Keystone at the Crossing displays the most modest appreciation rate among these neighborhoods at 57.8% since 2010, though still substantially outperforming inflation during this period. The majority of gains occurred after 2015, suggesting a later start to its growth cycle with continued momentum potential. Located in Indianapolis’ fashionable north side, this Marion County community enjoys exceptional proximity to upscale shopping, dining, and employment centers that drive its investment appeal.
14. Blue Ridge
- 2025 Home Value: $484,072
- 2020 Home Value: $352,627
- 2015 Home Value: $266,809
- 2010 Home Value: $235,469
- % Change (2010–2025): 105.6%
- % Change (2015–2025): 81.4%
- % Change (2020–2025): 37.3%
Blue Ridge has delivered exceptional financial performance by doubling property values since 2010, with the robust 37.3% growth since 2020 maintaining strong momentum for investors and homeowners alike. This acceleration during the pandemic era demonstrates the neighborhood’s resilience and continued market desirability during economic uncertainty. Situated in southeast Bloomington, this Monroe County neighborhood features larger lots with natural woodland buffers that increase privacy and visual appeal.
13. Covenanter
- 2025 Home Value: $488,540
- 2020 Home Value: $354,447
- 2015 Home Value: $268,139
- 2010 Home Value: $237,932
- % Change (2010–2025): 105.3%
- % Change (2015–2025): 82.2%
- % Change (2020–2025): 37.8%
Covenanter demonstrates remarkable investment strength by doubling homeowner equity since 2010, with consistent growth across each measured period indicating sustainable rather than speculative appreciation. The parallel 37.8% growth since 2020 mirrors other Bloomington neighborhoods, suggesting regional economic drivers rather than neighborhood-specific factors. Located in the eastern corridor of Bloomington, this desirable Monroe County area offers convenient access to College Mall and Indiana University while maintaining residential tranquility.
12. Geist
- 2025 Home Value: $498,720
- 2020 Home Value: $347,356
- 2015 Home Value: $288,825
- 2010 Home Value: $269,313
- % Change (2010–2025): 85.2%
- % Change (2015–2025): 72.7%
- % Change (2020–2025): 43.6%
Geist property values have made impressive financial gains with 85.2% appreciation since 2010, accelerating in recent years with a robust 43.6% increase since 2020. This growth trajectory reflects both the area’s established luxury status and continuing market desirability with waterfront properties commanding special premiums. Straddling the boundaries of Marion, Hamilton, and Hancock counties northeast of Indianapolis, this lakefront community offers recreational water access that creates a unique investment proposition within the Indiana market.
11. University Farms
- 2025 Home Value: $522,563
- 2020 Home Value: $355,201
- 2015 Home Value: $276,049
- 2010 Home Value: $267,661
- % Change (2010–2025): 95.2%
- % Change (2015–2025): 89.3%
- % Change (2020–2025): 47.1%
University Farms presents a compelling financial case with values nearly doubling since 2010 and showing acceleration rather than plateau, with most gains occurring after 2015. The impressive 47.1% jump just since 2020 signals strengthening market position and continued growth momentum for current investors. Situated in West Lafayette near Purdue University, this Tippecanoe County neighborhood benefits from academic employment stability and limited housing supply that maintains pricing pressure.
10. Arbor Chase
- 2025 Home Value: $538,084
- 2020 Home Value: $375,757
- 2015 Home Value: $314,818
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): 70.9%
- % Change (2020–2025): 43.2%
Arbor Chase shows significant financial appreciation with a 70.9% increase in just ten years, though the absence of 2010 data suggests this may be a newer development still in its primary growth phase. The robust 43.2% gains since 2020 demonstrate strong market momentum with potential for continued upside as the community matures. Located in West Lafayette, this upscale Tippecanoe County neighborhood offers newer construction homes with modern amenities that appeal to Purdue University faculty and professionals.
9. Shorewood Forest
- 2025 Home Value: $545,819
- 2020 Home Value: $402,377
- 2015 Home Value: $335,677
- 2010 Home Value: $315,425
- % Change (2010–2025): 73.0%
- % Change (2015–2025): 62.6%
- % Change (2020–2025): 35.6%
Shorewood Forest has delivered solid financial returns with 73% appreciation since 2010, though its growth rate has moderated slightly compared to some other luxury communities. The consistent 35.6% growth since 2020 indicates the neighborhood maintains strong market appeal while offering relative value compared to faster-appreciating areas. Nestled along the southern shores of Lake Michigan in Porter County, this community combines wooded privacy with proximity to Chicago commuter routes that sustains its investment appeal.
8. Ellendale Farm
- 2025 Home Value: $562,300
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Ellendale Farm represents an emerging luxury investment opportunity with current values over $562,000, though historical comparison is limited by data availability. The neighborhood’s presence in the top tier despite lack of historical tracking suggests rapid price appreciation that may continue as the development matures. Positioned in Crown Point within Lake County, this newer community features larger homesites with conservation areas that preserve natural elements while providing easy access to Chicago’s southern suburbs.
7. Bittersweet Lakes
- 2025 Home Value: $565,998
- 2020 Home Value: $411,936
- 2015 Home Value: $351,735
- 2010 Home Value: $318,291
- % Change (2010–2025): 77.8%
- % Change (2015–2025): 60.9%
- % Change (2020–2025): 37.4%
Bittersweet Lakes has generated impressive financial returns with 77.8% appreciation since 2010, creating substantial wealth for long-term homeowners while maintaining steady growth across all measured periods. The 37.4% gain since 2020 indicates the neighborhood continues to attract strong buyer interest with potential for further price increases. Located in northeast Fort Wayne, this upscale Allen County community features waterfront properties surrounding multiple lakes that create premium views and recreational opportunities.
6. Hoosier Acres
- 2025 Home Value: $588,595
- 2020 Home Value: $433,908
- 2015 Home Value: $316,093
- 2010 Home Value: $281,450
- % Change (2010–2025): 109.1%
- % Change (2015–2025): 86.2%
- % Change (2020–2025): 35.6%
Hoosier Acres demonstrates exceptional investment performance by more than doubling property values since 2010, though the pace has moderated slightly with 35.6% growth since 2020. This trajectory suggests the neighborhood established its premium position earlier with continued steady appreciation rather than speculative surges. Situated in northeast Bloomington, this historic Monroe County neighborhood features mid-century modern homes on larger lots that maintain their architectural distinctiveness and investment appeal.
5. Inverness Lakes
- 2025 Home Value: $591,435
- 2020 Home Value: $417,192
- 2015 Home Value: $354,405
- 2010 Home Value: $310,171
- % Change (2010–2025): 90.7%
- % Change (2015–2025): 66.9%
- % Change (2020–2025): 41.8%
Inverness Lakes has delivered outstanding financial performance with values nearly doubling since 2010 and maintaining strong momentum with 41.8% growth just since 2020. This consistent appreciation pattern indicates sustainable market demand rather than cyclical fluctuations, creating reliable equity building for homeowners. Located in northeast Fort Wayne, this prestigious Allen County development features a Scottish-inspired golf community with water features and larger homesites that command premium pricing.
4. Sycamore Hills
- 2025 Home Value: $672,652
- 2020 Home Value: $470,923
- 2015 Home Value: $405,225
- 2010 Home Value: $376,880
- % Change (2010–2025): 78.5%
- % Change (2015–2025): 66.0%
- % Change (2020–2025): 42.8%
Sycamore Hills has generated impressive wealth growth with 78.5% appreciation since 2010, accelerating notably after 2020 with a 42.8% surge that indicates strengthening luxury market position. The neighborhood’s high base values make these percentage gains particularly significant in absolute dollar terms for investors and homeowners. Situated in southwest Fort Wayne, this prestigious Allen County golf course community features estate-sized properties and a championship course that has hosted PGA events, cementing its status among Indiana’s elite addresses.
3. Meridian Hills
- 2025 Home Value: $691,635
- 2020 Home Value: $504,237
- 2015 Home Value: $396,421
- 2010 Home Value: $330,914
- % Change (2010–2025): 109.0%
- % Change (2015–2025): 74.5%
- % Change (2020–2025): 37.2%
Meridian Hills exhibits exceptional financial performance by more than doubling property values since 2010, creating substantial wealth for long-term homeowners despite a slightly moderating pace since 2020. This growth trajectory reflects both the neighborhood’s established luxury status and continuing market demand for its distinctive properties. Located in north Indianapolis, this prestigious incorporated town within Marion County features winding roads, mature trees, and architectural diversity that maintains its position among Indiana’s most coveted addresses.
2. Covington Shores
- 2025 Home Value: $704,219
- 2020 Home Value: $519,455
- 2015 Home Value: $439,988
- 2010 Home Value: $441,500
- % Change (2010–2025): 59.5%
- % Change (2015–2025): 60.1%
- % Change (2020–2025): 35.6%
Covington Shores presents an unusual financial pattern with modest 59.5% growth since 2010 but slightly higher 60.1% growth since 2015, suggesting a brief price dip during 2010-2015 before establishing consistent appreciation. The continued 35.6% growth since 2020 demonstrates steady market momentum at the luxury tier. Located in Granger within Saint Joseph County, this upscale lakefront community offers waterfront living with custom-built homes that maintain consistent demand despite higher price points.
1. Williams Creek
- 2025 Home Value: $1,412,684
- 2020 Home Value: $923,800
- 2015 Home Value: $790,780
- 2010 Home Value: $759,788
- % Change (2010–2025): 85.9%
- % Change (2015–2025): 78.6%
- % Change (2020–2025): 52.9%
Williams Creek stands in a financial class of its own with values exceeding $1.4 million—more than double its nearest competitor and representing extraordinary wealth creation with its 85.9% appreciation since 2010. The accelerated 52.9% growth just since 2020 demonstrates expanding market premium despite already commanding the state’s highest property values. This exclusive incorporated town within Indianapolis features estate-sized properties on minimum one-acre lots, creating an oasis of luxury within Marion County that consistently attracts the region’s most affluent buyers.
