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NAPPANEE, IN 46550

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

Market Overview

Active Listings
21
⇩ 30% vs 30 last year
Pending
6
29% pending ratio
Median Price
$315,000
⇧ 29.5% vs $243,175 last year
Average Price
$309,047
⇧ 9.8% vs $281,572 last year
Days on Market
92
⇧ 13.6% vs 81 days last year

Market Context

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

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

Market Analysis

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

The NAPPANEE, IN real estate market (46550) currently shows 21 active listings, with 6 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 81 days last year.

The median listing price has risen 29.5% year-over-year, from $243,175 to $315,000.

Whether you are buying or selling in NAPPANEE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 30 last year
  • Days on market: 92 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (+29.5% YoY)
  • Average: $309,047 (+9.8% 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 18.8 miles — 271 listings ($143,988,433 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46550Nappanee, IN 465500.0 mi21$6,489,987$315,000$309,047
46542Milford, IN 465427.5 mi14$4,611,908$324,900$329,422
46506Bremen, IN 465068.8 mi13$7,109,336$344,900$546,872
46524Etna Green, IN 4652410.4 mi1$1,700,000$1,700,000$1,700,000
46538Leesburg, IN 4653812.2 mi15$7,568,415$425,000$504,561
46582Warsaw, IN 4658213.7 mi24$8,329,032$328,500$347,043
46567Syracuse, IN 4656714.2 mi27$25,490,970$514,950$944,110
46528Goshen, IN 4652815.6 mi38$36,036,274$315,000$948,323
46537Lapaz, IN 4653715.9 mi2$339,800$169,900$169,900
46580Warsaw, IN 4658017.8 mi59$22,460,710$306,450$380,690
46563Plymouth, IN 4656318.0 mi43$14,436,519$299,000$335,733
46555North Webster, IN 4655518.1 mi8$6,127,680$529,950$765,960
46590Winona Lake, IN 4659018.8 mi6$3,287,802$464,900$547,967

Frequently Asked Questions

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

As of January 2026, there are 21 active listings in NAPPANEE, IN (zip code 46550), compared to 30 the prior year.

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

The median listing price in NAPPANEE, IN 46550 is $315,000 as of January 2026, a 29.5% increase from $243,175 the prior year.

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

Homes in NAPPANEE, IN 46550 spend an average of 92 days on the market before going under contract, compared to 81 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 January 2026, NAPPANEE, IN 46550 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 81 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 $6,300 compared to a typical 5% commission on the median listing price of $315,000. 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.