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WABASH, IN 46992

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

Market Analysis

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

The WABASH, IN real estate market (46992) currently shows 39 active listings, with 17 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 86 days last year.

The median listing price has risen 34.1% year-over-year, from $163,950 to $219,900.

Whether you are buying or selling in WABASH, 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: 16,668  ·  Density: 39.4/mi²  ·  Median household income: $65,734

Typical home value: $129,853  ·  Homeownership: 78.4%

Market Overview

Active Listings
39
⇧ 2.6% vs 38 last year
Pending
17
44% pending ratio
Median Price
$219,900
⇧ 34.1% vs $163,950 last year
Average Price
$248,909
⇧ 38.8% vs $179,284 last year
Days on Market
63
⇩ 26.7% vs 86 days last year

Price Per Square Foot

Median $/sqft
$132
⇧ 32% vs $100/sqft last year
Median Home Size
1,872 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 38 last year
  • Days on market: 63 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $219,900 (+34.1% YoY)
  • Average: $248,909 (+38.8% 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 21.1 miles — 144 listings ($31,725,869 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46992Wabash, IN 469920.0 mi44$10,549,000$220,000$239,750
46984Somerset, IN 469848.1 mi1$199,000$199,000$199,000
46940La Fontaine, IN 469409.6 mi4$1,066,400$219,900$266,600
46970Peru, IN 4697012.3 mi69$14,678,301$156,750$212,729
46974Roann, IN 4697412.5 mi3$997,500$332,500$332,500
46919Converse, IN 4691913.8 mi4$603,900$96,000$150,975
46987Sweetser, IN 4698715.3 mi9$2,017,053$215,500$224,117
46914Bunker Hill, IN 4691417.5 mi2$398,800$199,400$199,400
46946Liberty Mills, IN 4694618.3 mi0$0$70,000$70,000
46959Miami, IN 4695919.0 mi1$75,000$75,000$75,000
46991Van Buren, IN 4699120.0 mi5$803,915$85,000$160,783
46967Onward, IN 4696720.1 mi1$162,500$162,500$162,500
46910Akron, IN 4691021.1 mi1$174,500$174,500$174,500

Frequently Asked Questions

How many homes are for sale in WABASH, IN 46992?

As of February 2026, there are 39 active listings in WABASH, IN (zip code 46992), compared to 38 the prior year.

What is the median home price in WABASH, IN 46992?

The median listing price in WABASH, IN 46992 is $219,900 as of February 2026, a 34.1% increase from $163,950 the prior year.

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

Homes in WABASH, IN 46992 spend an average of 63 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in WABASH, IN 46992?

Based on current inventory and days-on-market data as of February 2026, WABASH, IN 46992 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WABASH, IN 46992 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.