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NORTH MANCHESTER, IN 46962

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The NORTH MANCHESTER, IN real estate market (46962) currently shows 19 active listings, with 5 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 44 days on market compared to 69 days last year.

The median listing price has fallen 7.1% year-over-year, from $263,400 to $244,800.

Whether you are buying or selling in NORTH MANCHESTER, 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: 8,491  ·  Density: 30.9/mi²  ·  Median household income: $67,692

Typical home value: $147,435  ·  Homeownership: 80.8%

Market Overview

Active Listings
19
⇩ 17.4% vs 23 last year
Pending
5
26% pending ratio
Median Price
$244,800
⇩ 7.1% vs $263,400 last year
Average Price
$256,173
⇧ 1.6% vs $252,063 last year
Days on Market
44
⇩ 36.2% vs 69 days last year

Price Per Square Foot

Median $/sqft
$142
⇩ 12.9% vs $163/sqft last year
Median Home Size
1,513 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 23 last year
  • Days on market: 44 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $244,800 (-7.1% YoY)
  • Average: $256,173 (+1.6% 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 22.1 miles — 241 listings ($61,073,632 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46962North Manchester, IN 469620.0 mi21$5,802,468$254,900$276,308
46990Urbana, IN 469906.4 mi3$2,512,050$837,350$837,350
46974Roann, IN 469749.0 mi3$997,500$332,500$332,500
46510Claypool, IN 4651010.7 mi7$1,290,450$115,900$184,350
46702Andrews, IN 4670213.6 mi6$1,013,802$179,900$168,967
46910Akron, IN 4691014.9 mi1$174,500$174,500$174,500
46562Pierceton, IN 4656215.7 mi9$2,232,675$214,450$248,075
46750Huntington, IN 4675016.1 mi61$12,779,256$168,700$209,496
46926Denver, IN 4692616.5 mi2$272,500$136,250$136,250
46951Macy, IN 4695117.9 mi10$2,238,500$214,950$223,850
46725Columbia City, IN 4672518.9 mi45$16,015,230$309,900$355,894
46940La Fontaine, IN 4694021.0 mi4$1,066,400$219,900$266,600
46970Peru, IN 4697022.1 mi69$14,678,301$156,750$212,729

Frequently Asked Questions

How many homes are for sale in NORTH MANCHESTER, IN 46962?

As of February 2026, there are 19 active listings in NORTH MANCHESTER, IN (zip code 46962), compared to 23 the prior year.

What is the median home price in NORTH MANCHESTER, IN 46962?

The median listing price in NORTH MANCHESTER, IN 46962 is $244,800 as of February 2026, a 7.1% decrease from $263,400 the prior year.

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

Homes in NORTH MANCHESTER, IN 46962 spend an average of 44 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in NORTH MANCHESTER, IN 46962?

Based on current inventory and days-on-market data as of February 2026, NORTH MANCHESTER, IN 46962 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 69 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORTH MANCHESTER, IN 46962 save an estimated $4,896 compared to a typical 5% commission on the median listing price of $244,800. 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.