Long-term Indiana study finds no broad harm to home values from wind and solar

The short version

• A Ball State University study of Indiana home sales from 2004 to 2024 evaluated how commercial wind and solar projects affect property values.[Electrek]
• Researchers identified no statistically significant, widespread decline in residential sale prices near utility-scale solar farms or commercial wind turbines.[Electrek]
• Homes within a half-mile of investor-owned utility solar sites saw a 7.9% price increase, though researchers did not establish a cause.[Electrek]

Key facts

• Researchers at Ball State University examined Indiana residential real estate transactions from 2004 to 2024.[Electrek]
• The analysis revealed no statistically significant negative effect on home values near utility-scale solar or commercial wind installations.[Electrek]
• Sale prices for houses within a half-mile of solar projects owned by investor-owned utilities rose 7.9% after installation.[Electrek]
• Indiana's existing siting policies and setback requirements were highlighted by researchers as potential factors mitigating property impacts.[Electrek]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Do wind and solar farms tank home values? A 20-year study has an answerElectrek