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NAPPANEE, IN 46550

Real Estate Market Report  ·  Elkhart County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The NAPPANEE, IN real estate market (46550) currently shows 29 active listings, with 7 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 32 days last year.

The median listing price has fallen 12.2% year-over-year, from $339,950 to $298,475.

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Market Context

Market Context

Population: 12,300  ·  Density: 66.3/mi²  ·  Median household income: $79,992

Typical home value: $211,839  ·  Homeownership: 70.1%

Market Overview

Active Listings
29
⇩ 9.4% vs 32 last year
Pending
7
24% pending ratio
Median Price
$298,475
⇩ 12.2% vs $339,950 last year
Average Price
$308,091
⇩ 15.4% vs $364,207 last year
Days on Market
26
⇩ 18.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$156
⇩ 11.9% vs $177/sqft last year
Median Home Size
1,647 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 32 last year
  • Days on market: 26 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $298,475 (-12.2% YoY)
  • Average: $308,091 (-15.4% 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 18.8 miles — 271 listings ($139,580,724 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46550Nappanee, IN 465500.0 mi18$5,642,172$295,000$313,454
46542Milford, IN 465427.5 mi13$4,303,065$322,150$331,005
46506Bremen, IN 465068.8 mi13$5,762,926$327,500$443,302
46524Etna Green, IN 4652410.4 mi3$5,100,000$1,700,000$1,700,000
46538Leesburg, IN 4653812.2 mi13$6,384,365$440,500$491,105
46582Warsaw, IN 4658213.7 mi24$8,900,256$350,000$370,844
46567Syracuse, IN 4656714.2 mi26$25,292,514$524,675$972,789
46528Goshen, IN 4652815.6 mi33$31,531,038$315,175$955,486
46537Lapaz, IN 4653715.9 mi2$339,800$169,900$169,900
46580Warsaw, IN 4658017.8 mi62$21,866,532$339,675$352,686
46563Plymouth, IN 4656318.0 mi49$16,085,377$279,500$328,273
46555North Webster, IN 4655518.1 mi7$4,662,399$444,500$666,057
46590Winona Lake, IN 4659018.8 mi8$3,710,280$429,683$463,785

Frequently Asked Questions

How many homes are for sale in NAPPANEE, IN 46550?

As of September 2026, there are 29 active listings in NAPPANEE, IN (zip code 46550), compared to 32 the prior year.

What is the median home price in NAPPANEE, IN 46550?

The median listing price in NAPPANEE, IN 46550 is $298,475 as of September 2026, a 12.2% decrease from $339,950 the prior year.

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

Homes in NAPPANEE, IN 46550 spend an average of 26 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in NAPPANEE, IN 46550?

Based on current inventory and days-on-market data as of September 2026, NAPPANEE, IN 46550 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NAPPANEE, IN 46550 save an estimated $5,970 compared to a typical 5% commission on the median listing price of $298,475. 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.