Data as of April 2026. Source: Realtor.com.
The BOURBON, IN real estate market (46504) currently shows 3 active listings, with 2 pending sales. Homes are averaging 36 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 selling faster, averaging 36 days on market compared to 59 days last year.
The median listing price has fallen 7.7% year-over-year, from $211,375 to $195,000.
Whether you are buying or selling in BOURBON, 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.
Population: 3,290 · Density: 19.1/mi² · Median household income: $77,045
Typical home value: $160,516 · Homeownership: 82.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46504 | Bourbon, IN 46504 | 0.0 mi | 6 | $1,128,000 | $189,500 | $188,000 |
| 46501 | Argos, IN 46501 | 8.9 mi | 9 | $4,430,772 | $486,950 | $492,308 |
| 46506 | Bremen, IN 46506 | 11.6 mi | 13 | $5,762,926 | $327,500 | $443,302 |
| 46563 | Plymouth, IN 46563 | 11.7 mi | 49 | $16,085,377 | $279,500 | $328,273 |
| 46582 | Warsaw, IN 46582 | 13.5 mi | 24 | $8,900,256 | $350,000 | $370,844 |
| 46580 | Warsaw, IN 46580 | 14.0 mi | 62 | $21,866,532 | $339,675 | $352,686 |
| 46538 | Leesburg, IN 46538 | 14.9 mi | 13 | $6,384,365 | $440,500 | $491,105 |
| 46573 | Wakarusa, IN 46573 | 16.7 mi | 2 | $694,000 | $347,000 | $347,000 |
| 46511 | Culver, IN 46511 | 17.3 mi | 29 | $11,028,091 | $344,500 | $380,279 |
| 46510 | Claypool, IN 46510 | 17.6 mi | 4 | $370,200 | $92,550 | $92,550 |
| 46910 | Akron, IN 46910 | 18.0 mi | 4 | $692,500 | $177,125 | $173,125 |
| 46982 | Silver Lake, IN 46982 | 20.5 mi | 8 | $1,499,992 | $182,450 | $187,499 |
| 46531 | Grovertown, IN 46531 | 21.3 mi | 3 | $682,275 | $227,425 | $227,425 |
As of April 2026, there are 3 active listings in BOURBON, IN (zip code 46504), compared to 4 the prior year.
The median listing price in BOURBON, IN 46504 is $195,000 as of April 2026, a 7.7% decrease from $211,375 the prior year.
Homes in BOURBON, IN 46504 spend an average of 36 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of April 2026, BOURBON, IN 46504 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in BOURBON, IN 46504 save an estimated $3,900 compared to a typical 5% commission on the median listing price of $195,000. 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.