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SWEETSER, IN 46987

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

Market Analysis

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

The SWEETSER, IN real estate market (46987) currently shows 7 active listings, with 4 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 56 days last year.

The median listing price has risen 93.9% year-over-year, from $114,450 to $221,975.

Whether you are buying or selling in SWEETSER, 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: 1,053  ·  Density: 454.6/mi²  ·  Median household income: $74,417

Typical home value: $129,456  ·  Homeownership: 83.8%

Market Overview

Active Listings
7
⇧ 133.3% vs 3 last year
Pending
4
57% pending ratio
Median Price
$221,975
⇧ 93.9% vs $114,450 last year
Average Price
$234,921
⇧ 50.5% vs $156,042 last year
Days on Market
89
⇧ 58.9% vs 56 days last year

Price Per Square Foot

Median $/sqft
$122
⇧ 14% vs $107/sqft last year
Median Home Size
1,633 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 3 last year
  • Days on market: 89 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $221,975 (+93.9% YoY)
  • Average: $234,921 (+50.5% 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 19.1 miles — 222 listings ($45,978,443 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46987Sweetser, IN 469870.0 mi9$2,017,053$215,500$224,117
46986Swayzee, IN 469865.8 mi5$1,281,800$269,900$256,360
46952Marion, IN 469527.4 mi72$12,554,784$156,450$174,372
46940La Fontaine, IN 469409.0 mi4$1,066,400$219,900$266,600
46938Jonesboro, IN 4693810.4 mi7$1,010,100$168,000$144,300
46933Gas City, IN 4693311.6 mi18$5,200,380$254,900$288,910
46991Van Buren, IN 4699114.3 mi5$803,915$85,000$160,783
46992Wabash, IN 4699215.3 mi44$10,549,000$220,000$239,750
46076Windfall, IN 4607616.8 mi2$715,000$357,500$357,500
46937Hemlock, IN 4693717.7 mi1$190,999$190,999$190,999
46941Lagro, IN 4694118.3 mi1$294,950$294,950$294,950
46957Matthews, IN 4695718.8 mi1$200,000$200,000$200,000
46036Elwood, IN 4603619.1 mi53$10,094,062$164,900$190,454

Frequently Asked Questions

How many homes are for sale in SWEETSER, IN 46987?

As of February 2026, there are 7 active listings in SWEETSER, IN (zip code 46987), compared to 3 the prior year.

What is the median home price in SWEETSER, IN 46987?

The median listing price in SWEETSER, IN 46987 is $221,975 as of February 2026, a 93.9% increase from $114,450 the prior year.

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

Homes in SWEETSER, IN 46987 spend an average of 89 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in SWEETSER, IN 46987?

Based on current inventory and days-on-market data as of February 2026, SWEETSER, IN 46987 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 56 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SWEETSER, IN 46987 save an estimated $4,440 compared to a typical 5% commission on the median listing price of $221,975. 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.