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PARAGON, IN 46166

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

Market Analysis

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

The PARAGON, IN real estate market (46166) currently shows 4 active listings, with 1 pending sales. Homes are averaging 120 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 120 days on market compared to 59 days last year.

The median listing price has fallen 65.4% year-over-year, from $314,900 to $109,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
1
25% pending ratio
Median Price
$109,000
⇩ 65.4% vs $314,900 last year
Average Price
$368,592
⇧ 10.5% vs $333,700 last year
Days on Market
120
⇧ 103.4% vs 59 days last year

Price Per Square Foot

Median $/sqft
$150
⇩ 3.2% vs $155/sqft last year
Median Home Size
2,031 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 120 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $109,000 (-65.4% YoY)
  • Average: $368,592 (+10.5% 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 22.8 miles — 385 listings ($161,186,155 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46166Paragon, IN 461660.0 mi6$2,600,940$331,694$433,490
47456Quincy, IN 474566.4 mi3$1,319,700$439,900$439,900
46157Monrovia, IN 461579.5 mi32$9,932,000$305,250$310,375
46180Stilesville, IN 4618011.8 mi5$2,500,000$500,000$500,000
46111Brooklyn, IN 4611114.1 mi2$379,800$189,900$189,900
47404Bloomington, IN 4740414.3 mi88$36,631,232$350,000$416,264
47408Bloomington, IN 4740815.2 mi54$31,289,220$465,550$579,430
46118Clayton, IN 4611816.0 mi6$2,227,848$375,975$371,308
46160Morgantown, IN 4616017.8 mi13$6,714,214$395,975$516,478
46121Coatesville, IN 4612117.9 mi23$9,904,904$359,900$430,648
46168Plainfield, IN 4616820.9 mi104$41,398,864$364,475$398,066
47431Freedom, IN 4743121.4 mi3$1,103,799$319,000$367,933
46135Greencastle, IN 4613522.8 mi46$15,183,634$292,475$330,079

Frequently Asked Questions

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

As of March 2026, there are 4 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 $109,000 as of March 2026, a 65.4% decrease from $314,900 the prior year.

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

Homes in PARAGON, IN 46166 spend an average of 120 days on the market before going under contract, compared to 59 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 March 2026, PARAGON, IN 46166 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 120 days on market compared to 59 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 $2,180 compared to a typical 5% commission on the median listing price of $109,000. 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.