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MITCHELL, IN 47446

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

Market Analysis

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

The MITCHELL, IN real estate market (47446) currently shows 48 active listings, with 13 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

The median listing price has risen 10.9% year-over-year, from $188,475 to $209,000.

Whether you are buying or selling in MITCHELL, 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: 9,224  ·  Density: 28.4/mi²  ·  Median household income: $55,820

Typical home value: $132,557  ·  Homeownership: 82.5%

Market Overview

Active Listings
48
⇧ 92% vs 25 last year
Pending
13
27% pending ratio
Median Price
$209,000
⇧ 10.9% vs $188,475 last year
Average Price
$236,883
⇧ 14.3% vs $207,213 last year
Days on Market
74
⇧ 8.8% vs 68 days last year

Price Per Square Foot

Median $/sqft
$161
⇩ 3.6% vs $167/sqft last year
Median Home Size
1,272 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 25 last year
  • Days on market: 74 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $209,000 (+10.9% YoY)
  • Average: $236,883 (+14.3% 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 25.8 miles — 244 listings ($75,786,311 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47446Mitchell, IN 474460.0 mi46$10,503,916$219,000$228,346
47470Williams, IN 474708.7 mi2$1,499,900$749,950$749,950
47469West Baden Springs, IN 474699.6 mi13$3,336,398$288,500$256,646
47581Shoals, IN 4758114.5 mi3$574,899$195,000$191,633
47454Paoli, IN 4745415.7 mi40$8,492,240$187,000$212,306
47436Heltonville, IN 4743617.0 mi3$2,316,801$769,950$772,267
47522Crane, IN 4752218.4 mi3$515,898$189,999$171,966
47453Owensburg, IN 4745319.0 mi2$1,925,000$962,500$962,500
47553Loogootee, IN 4755321.9 mi20$7,336,140$299,000$366,807
47281Vallonia, IN 4728122.7 mi2$330,000$165,000$165,000
47527Dubois, IN 4752723.1 mi3$1,237,350$412,450$412,450
47403Bloomington, IN 4740324.5 mi100$36,261,300$296,450$362,613
47562Odon, IN 4756225.8 mi7$1,456,469$197,000$208,067

Frequently Asked Questions

How many homes are for sale in MITCHELL, IN 47446?

As of February 2026, there are 48 active listings in MITCHELL, IN (zip code 47446), compared to 25 the prior year.

What is the median home price in MITCHELL, IN 47446?

The median listing price in MITCHELL, IN 47446 is $209,000 as of February 2026, a 10.9% increase from $188,475 the prior year.

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

Homes in MITCHELL, IN 47446 spend an average of 74 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in MITCHELL, IN 47446?

Based on current inventory and days-on-market data as of February 2026, MITCHELL, IN 47446 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MITCHELL, IN 47446 save an estimated $4,180 compared to a typical 5% commission on the median listing price of $209,000. 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.