Call or Text (240) SELL-123

REELSVILLE, IN 46171

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

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$359,900
⇧ 10.7% vs $325,000 last year
Average Price
$452,300
⇧ 2% vs $443,260 last year
Days on Market
255
⇧ 231.2% vs 77 days last year

Market Context

Population: 1,949  ·  Density: 19.4/mi²  ·  Median household income: $65,855

Typical home value: $205,271  ·  Homeownership: 95.8%

Market Analysis

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

The REELSVILLE, IN real estate market (46171) currently shows 4 active listings, with 1 pending sales. Homes are averaging 255 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 255 days on market compared to 77 days last year.

The median listing price has risen 10.7% year-over-year, from $325,000 to $359,900.

Whether you are buying or selling in REELSVILLE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for REELSVILLE, IN 46171 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 255 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $359,900 (+10.7% YoY)
  • Average: $452,300 (+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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 171 listings ($63,430,951 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46171Reelsville, IN 461710.0 mi4$1,809,200$359,900$452,300
47857Knightsville, IN 478576.6 mi2$338,000$169,000$169,000
46135Greencastle, IN 461359.5 mi49$15,814,946$264,500$322,754
46120Cloverdale, IN 461209.8 mi23$8,034,153$259,450$349,311
47837Carbon, IN 4783710.1 mi1$365,000$365,000$365,000
47881Staunton, IN 4788112.3 mi2$592,000$296,000$296,000
47456Quincy, IN 4745615.3 mi2$889,900$444,950$444,950
47846Cory, IN 4784617.1 mi1$174,900$174,900$174,900
46105Bainbridge, IN 4610517.8 mi5$1,339,875$238,450$267,975
46121Coatesville, IN 4612118.5 mi25$10,191,250$349,950$407,650
46180Stilesville, IN 4618019.1 mi5$2,624,750$524,950$524,950
47841Clay City, IN 4784119.5 mi5$958,335$210,000$191,667
47460Spencer, IN 4746020.0 mi47$20,298,642$377,000$431,886

Frequently Asked Questions

How many homes are for sale in REELSVILLE, IN 46171?

As of January 2026, there are 4 active listings in REELSVILLE, IN (zip code 46171), compared to 5 the prior year.

What is the median home price in REELSVILLE, IN 46171?

The median listing price in REELSVILLE, IN 46171 is $359,900 as of January 2026, a 10.7% increase from $325,000 the prior year.

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

Homes in REELSVILLE, IN 46171 spend an average of 255 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in REELSVILLE, IN 46171?

Based on current inventory and days-on-market data as of January 2026, REELSVILLE, IN 46171 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 255 days on market compared to 77 days last year.

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

With SELL123.com's maximum 3% commission, sellers in REELSVILLE, IN 46171 save an estimated $7,198 compared to a typical 5% commission on the median listing price of $359,900. 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.