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URBANA, IN 46990

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

Market Analysis

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

The URBANA, IN real estate market (46990) currently shows 2 active listings, with 1 pending sales. Homes are averaging 177 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 177 days on market compared to 23 days last year.

The median listing price has risen 280.8% year-over-year, from $219,900 to $837,350.

Whether you are buying or selling in URBANA, 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: 446  ·  Density: 5.3/mi²  ·  Median household income: $90,568

Typical home value: $140,000  ·  Homeownership: 100.0%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$837,350
⇧ 280.8% vs $219,900 last year
Average Price
$837,350
⇧ 280.8% vs $219,900 last year
Days on Market
177
⇧ 669.6% vs 23 days last year

Price Per Square Foot

Median $/sqft
$108
⇧ 1.9% vs $106/sqft last year
Median Home Size
5,085 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 177 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $837,350 (+280.8% YoY)
  • Average: $837,350 (+280.8% 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 22.0 miles — 180 listings ($43,256,983 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46990Urbana, IN 469900.0 mi3$2,512,050$837,350$837,350
46962North Manchester, IN 469626.4 mi21$5,802,468$254,900$276,308
46992Wabash, IN 469929.4 mi44$10,549,000$220,000$239,750
46974Roann, IN 4697410.9 mi3$997,500$332,500$332,500
46787South Whitley, IN 4678712.9 mi8$2,179,544$179,900$272,443
46940La Fontaine, IN 4694014.6 mi4$1,066,400$219,900$266,600
46984Somerset, IN 4698416.8 mi1$199,000$199,000$199,000
46910Akron, IN 4691019.1 mi1$174,500$174,500$174,500
46970Peru, IN 4697019.8 mi69$14,678,301$156,750$212,729
46792Warren, IN 4679221.3 mi10$1,561,830$152,450$156,183
46562Pierceton, IN 4656221.6 mi9$2,232,675$214,450$248,075
46911Amboy, IN 4691121.8 mi2$499,800$249,900$249,900
46991Van Buren, IN 4699122.0 mi5$803,915$85,000$160,783

Frequently Asked Questions

How many homes are for sale in URBANA, IN 46990?

As of February 2026, there are 2 active listings in URBANA, IN (zip code 46990), compared to 3 the prior year.

What is the median home price in URBANA, IN 46990?

The median listing price in URBANA, IN 46990 is $837,350 as of February 2026, a 280.8% increase from $219,900 the prior year.

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

Homes in URBANA, IN 46990 spend an average of 177 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in URBANA, IN 46990?

Based on current inventory and days-on-market data as of February 2026, URBANA, IN 46990 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 177 days on market compared to 23 days last year.

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

With SELL123.com's maximum 3% commission, sellers in URBANA, IN 46990 save an estimated $16,747 compared to a typical 5% commission on the median listing price of $837,350. 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.