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INGALLS, IN 46048

Real Estate Market Report  ·  Madison County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The INGALLS, IN real estate market (46048) currently shows 7 active listings, with 5 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 65 days last year.

The median listing price has fallen 17.4% year-over-year, from $287,400 to $237,500.

Whether you are buying or selling in INGALLS, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,159  ·  Density: 1,060.1/mi²  ·  Median household income: $67,260

Typical home value: $131,082  ·  Homeownership: 79.8%

Market Overview

Active Listings
7
⇧ 40% vs 5 last year
Pending
5
71% pending ratio
Median Price
$237,500
⇩ 17.4% vs $287,400 last year
Average Price
$217,917
⇩ 23.3% vs $284,067 last year
Days on Market
55
⇩ 15.4% vs 65 days last year

Price Per Square Foot

Median $/sqft
$218
⇧ 17.2% vs $186/sqft last year
Median Home Size
927 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 5 last year
  • Days on market: 55 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $237,500 (-17.4% YoY)
  • Average: $217,917 (-23.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 726 listings ($293,496,639 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46048Ingalls, IN 460480.0 mi7$2,350,481$262,450$335,783
46064Pendleton, IN 460643.8 mi61$22,868,290$350,000$374,890
46154Maxwell, IN 461547.0 mi1$99,900$99,900$99,900
46051Lapel, IN 460517.4 mi7$2,189,306$264,900$312,758
46236Indianapolis, IN 462369.5 mi67$34,588,884$371,250$516,252
46060Noblesville, IN 4606010.1 mi123$54,869,193$375,000$446,091
46140Greenfield, IN 4614010.6 mi165$57,934,965$300,000$351,121
46256Indianapolis, IN 4625611.3 mi60$26,076,360$312,500$434,606
46235Indianapolis, IN 4623512.0 mi104$26,131,352$249,700$251,263
46216Indianapolis, IN 4621612.3 mi10$3,450,610$385,000$345,061
47384Shirley, IN 4738413.8 mi7$1,688,225$235,950$241,175
46250Indianapolis, IN 4625014.3 mi41$16,780,685$335,000$409,285
46033Carmel, IN 4603314.8 mi73$44,468,388$534,950$609,156

Frequently Asked Questions

How many homes are for sale in INGALLS, IN 46048?

As of February 2026, there are 7 active listings in INGALLS, IN (zip code 46048), compared to 5 the prior year.

What is the median home price in INGALLS, IN 46048?

The median listing price in INGALLS, IN 46048 is $237,500 as of February 2026, a 17.4% decrease from $287,400 the prior year.

How long do homes stay on the market in INGALLS, IN?

Homes in INGALLS, IN 46048 spend an average of 55 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in INGALLS, IN 46048?

Based on current inventory and days-on-market data as of February 2026, INGALLS, IN 46048 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 65 days last year.

How much can I save on real estate commission in INGALLS, IN?

With SELL123.com's maximum 3% commission, sellers in INGALLS, IN 46048 save an estimated $4,750 compared to a typical 5% commission on the median listing price of $237,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.