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PARAGON, IN 46166

Real Estate Market Report  ·  Morgan County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
3
60% pending ratio
Median Price
$182,500
⇩ 37.3% vs $291,175 last year
Average Price
$395,592
⇧ 31.3% vs $301,218 last year
Days on Market
127
⇧ 78.9% vs 71 days last year

Market Context

Population: 2,719  ·  Density: 27.0/mi²  ·  Median household income: $78,750

Typical home value: $147,824  ·  Homeownership: 84.8%

Market Analysis

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

The PARAGON, IN real estate market (46166) currently shows 5 active listings, with 3 pending sales. Homes are averaging 127 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 127 days on market compared to 71 days last year.

The median listing price has fallen 37.3% year-over-year, from $291,175 to $182,500.

Whether you are buying or selling in PARAGON, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 127 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $182,500 (-37.3% YoY)
  • Average: $395,592 (+31.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.6 miles — 325 listings ($141,386,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46166Paragon, IN 461660.0 mi5$1,977,960$182,500$395,592
47456Quincy, IN 474566.4 mi2$889,900$444,950$444,950
46157Monrovia, IN 461579.5 mi25$8,389,550$315,000$335,582
46180Stilesville, IN 4618011.8 mi5$2,624,750$524,950$524,950
46111Brooklyn, IN 4611114.1 mi3$479,850$159,950$159,950
47404Bloomington, IN 4740414.3 mi79$34,047,973$349,950$430,987
47408Bloomington, IN 4740815.2 mi47$27,489,078$449,450$584,874
46118Clayton, IN 4611816.0 mi12$4,145,520$359,000$345,460
46160Morgantown, IN 4616017.8 mi13$6,747,650$402,950$519,050
46121Coatesville, IN 4612117.9 mi25$10,191,250$349,950$407,650
46168Plainfield, IN 4616820.9 mi104$42,529,136$365,000$408,934
47833Bowling Green, IN 4783321.4 mi1$65,000$65,000$65,000
46171Reelsville, IN 4617121.6 mi4$1,809,200$359,900$452,300

Frequently Asked Questions

How many homes are for sale in PARAGON, IN 46166?

As of January 2026, there are 5 active listings in PARAGON, IN (zip code 46166), compared to 6 the prior year.

What is the median home price in PARAGON, IN 46166?

The median listing price in PARAGON, IN 46166 is $182,500 as of January 2026, a 37.3% decrease from $291,175 the prior year.

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

Homes in PARAGON, IN 46166 spend an average of 127 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in PARAGON, IN 46166?

Based on current inventory and days-on-market data as of January 2026, PARAGON, IN 46166 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 127 days on market compared to 71 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PARAGON, IN 46166 save an estimated $3,650 compared to a typical 5% commission on the median listing price of $182,500. 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.