Applications for new homes fell for the fourth month in a row on a year-over-year basis in central Indiana in November, according to the latest statistics from the Builders Association of Greater Indianapolis, or BAGI.
Builders filed 605 single-family building permits in the nine-county area last month, a decrease of 7% compared with the 649 permits that were filed in November 2024, BAGI said.
The year-over-year decline was the sixth during the first 11 months of 2025 following a streak of 20 straight months of rising applications.
So far in 2025, 9,356 permits have been filed overall in the area, or 22 permits fewer than the 9,378 that were filed in the first 11 months of 2024.
Six of the area’s nine counties saw decreases in filings, but usual home- construction hotbeds Hamilton County and Marion County experienced increases (see county-by-county results below).
County-by-county filings
November single-family building permit filings by county and year-over-year change:
Hamilton: 172 (+15%)
Marion: 125 (+5%)
Hancock: 65 (-16%)
Hendricks: 85 (-17%)
Madison: 16 (-27%)
Boone: 53 (-10%)
Johnson: 58 (-27%)
Morgan 14 (-50%)
Shelby 17 (+31%)
Copyright © 2026 All Rights Reserved.