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OTTERBEIN, IN 47970

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

Market Analysis

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

The OTTERBEIN, IN real estate market (47970) currently shows 7 active listings, with 6 pending sales. Homes are averaging 196 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 196 days on market compared to 45 days last year.

The median listing price has risen 26.5% year-over-year, from $330,000 to $417,400.

Whether you are buying or selling in OTTERBEIN, 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: 2,195  ·  Density: 14.0/mi²  ·  Median household income: $64,762

Typical home value: $169,431  ·  Homeownership: 76.1%

Market Overview

Active Listings
7
⇧ 133.3% vs 3 last year
Pending
6
86% pending ratio
Median Price
$417,400
⇧ 26.5% vs $330,000 last year
Average Price
$417,400
⇧ 25.2% vs $333,300 last year
Days on Market
196
⇧ 335.6% vs 45 days last year

Price Per Square Foot

Median $/sqft
$141
⇩ 16.1% vs $168/sqft last year
Median Home Size
3,058 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 3 last year
  • Days on market: 196 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $417,400 (+26.5% YoY)
  • Average: $417,400 (+25.2% 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 22.4 miles — 157 listings ($50,604,268 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47970Otterbein, IN 479700.0 mi6$2,062,200$292,450$343,700
47971Oxford, IN 479716.8 mi6$1,333,800$239,000$222,300
47992Westpoint, IN 4799211.5 mi5$983,335$195,000$196,667
47921Boswell, IN 4792112.9 mi3$524,700$174,900$174,900
47904Lafayette, IN 4790413.6 mi32$7,447,392$225,000$232,731
47923Brookston, IN 4792314.2 mi5$2,816,500$474,900$563,300
47920Battle Ground, IN 4792017.1 mi3$936,000$312,000$312,000
47993Williamsport, IN 4799318.8 mi5$1,135,900$242,000$227,180
47905Lafayette, IN 4790519.6 mi83$31,384,541$345,000$378,127
47941Dayton, IN 4794120.1 mi3$555,000$185,000$185,000
47994Wingate, IN 4799420.3 mi1$75,000$75,000$75,000
47991West Lebanon, IN 4799121.4 mi2$578,900$289,450$289,450
47948Goodland, IN 4794822.4 mi3$771,000$257,000$257,000

Frequently Asked Questions

How many homes are for sale in OTTERBEIN, IN 47970?

As of February 2026, there are 7 active listings in OTTERBEIN, IN (zip code 47970), compared to 3 the prior year.

What is the median home price in OTTERBEIN, IN 47970?

The median listing price in OTTERBEIN, IN 47970 is $417,400 as of February 2026, a 26.5% increase from $330,000 the prior year.

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

Homes in OTTERBEIN, IN 47970 spend an average of 196 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in OTTERBEIN, IN 47970?

Based on current inventory and days-on-market data as of February 2026, OTTERBEIN, IN 47970 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 196 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OTTERBEIN, IN 47970 save an estimated $8,348 compared to a typical 5% commission on the median listing price of $417,400. 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.