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MIDDLEBURY, IN 46540

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MIDDLEBURY, IN real estate market (46540) currently shows 42 active listings, with 14 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 64 days last year.

The median listing price has risen 12.2% year-over-year, from $410,000 to $459,925.

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Market Context

Market Context

Population: 13,131  ·  Density: 85.4/mi²  ·  Median household income: $99,328

Typical home value: $298,349  ·  Homeownership: 87.6%

Market Overview

Active Listings
42
⇧ 27.3% vs 33 last year
Pending
14
33% pending ratio
Median Price
$459,925
⇧ 12.2% vs $410,000 last year
Average Price
$696,820
⇧ 23.5% vs $564,284 last year
Days on Market
42
⇩ 34.4% vs 64 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 7% vs $171/sqft last year
Median Home Size
2,958 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 33 last year
  • Days on market: 42 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $459,925 (+12.2% YoY)
  • Average: $696,820 (+23.5% 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 19.5 miles — 311 listings ($160,577,647 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46540Middlebury, IN 465400.0 mi17$10,612,913$435,000$624,289
46528Goshen, IN 465286.6 mi33$31,531,038$315,175$955,486
49099White Pigeon, MI 490998.1 mi18$10,292,112$260,850$571,784
46571Topeka, IN 4657110.8 mi5$1,105,565$247,475$221,113
49042Constantine, MI 4904212.6 mi10$3,604,910$364,950$360,491
46526Goshen, IN 4652612.9 mi40$12,448,520$301,175$311,213
49061Jones, MI 4906115.6 mi4$2,640,000$660,000$660,000
46517Elkhart, IN 4651715.9 mi38$13,424,640$296,224$353,280
49091Sturgis, MI 4909116.6 mi44$12,564,640$239,700$285,560
46567Syracuse, IN 4656718.1 mi26$25,292,514$524,675$972,789
49095Vandalia, MI 4909518.8 mi3$993,525$324,900$331,175
49112Edwardsburg, MI 4911219.3 mi24$12,141,648$403,750$505,902
46561Osceola, IN 4656119.5 mi49$23,925,622$499,974$488,278

Frequently Asked Questions

How many homes are for sale in MIDDLEBURY, IN 46540?

As of September 2026, there are 42 active listings in MIDDLEBURY, IN (zip code 46540), compared to 33 the prior year.

What is the median home price in MIDDLEBURY, IN 46540?

The median listing price in MIDDLEBURY, IN 46540 is $459,925 as of September 2026, a 12.2% increase from $410,000 the prior year.

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

Homes in MIDDLEBURY, IN 46540 spend an average of 42 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in MIDDLEBURY, IN 46540?

Based on current inventory and days-on-market data as of September 2026, MIDDLEBURY, IN 46540 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 64 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MIDDLEBURY, IN 46540 save an estimated $9,199 compared to a typical 5% commission on the median listing price of $459,925. 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.