Advance, IN housing market
The typical Advance home is worth about $217,000, up 1.5% in a year, 16% below the Indiana typical home.
Home values, sales, trends and how Advance compares with the towns next door — updated as new data is published.
Advance at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Advance | Indiana |
|---|---|---|
| 2017 | $99,000 | $135,000 |
| 2018 | $103,000 | $144,000 |
| 2019 | $122,000 | $154,000 |
| 2020 | $135,000 | $164,000 |
| 2021 | $147,000 | $183,000 |
| 2022 | $161,000 | $209,000 |
| 2023 | $181,000 | $227,000 |
| 2024 | $198,000 | $237,000 |
| 2025 | $216,000 | $249,000 |
| 2026 | $216,000 | $256,000 |
| August 2026 | $217,000 | $260,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,430
HUD's Fair Market Rent for a two-bedroom in Advance is $1,430 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Advance pay a median of $1,042, so moving in tends to cost more than staying put.
Studio $1,090 · 4 bedrooms $2,270
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46102; Indianapolis-Carmel, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Advance
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.