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GARRETT, IN 46738

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

Market Overview

Active Listings
16
⇩ 5.9% vs 17 last year
Pending
8
50% pending ratio
Median Price
$246,900
⇧ 23.8% vs $199,500 last year
Average Price
$249,788
⇧ 18.6% vs $210,543 last year
Days on Market
60
⇧ 50% vs 40 days last year

Market Context

Population: 8,339  ·  Density: 123.7/mi²  ·  Median household income: $59,656

Typical home value: $139,666  ·  Homeownership: 83.7%

Market Analysis

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

The GARRETT, IN real estate market (46738) currently shows 16 active listings, with 8 pending sales. Homes are averaging 60 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 60 days on market compared to 40 days last year.

The median listing price has risen 23.8% year-over-year, from $199,500 to $246,900.

Whether you are buying or selling in GARRETT, 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: 16 this year vs 17 last year
  • Days on market: 60 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $246,900 (+23.8% YoY)
  • Average: $249,788 (+18.6% 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 16.5 miles — 604 listings ($226,208,336 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46738Garrett, IN 467380.0 mi16$3,996,608$246,900$249,788
46748Huntertown, IN 467485.3 mi68$36,322,336$394,900$534,152
46710Avilla, IN 467106.3 mi8$2,722,856$321,900$340,357
46845Fort Wayne, IN 468458.2 mi106$48,541,004$388,750$457,934
46723Churubusco, IN 4672311.3 mi10$2,958,130$324,450$295,813
46793Waterloo, IN 4679311.4 mi17$5,025,812$299,900$295,636
46741Grabill, IN 4674112.3 mi7$1,922,900$279,950$274,700
46835Fort Wayne, IN 4683512.7 mi85$26,458,715$299,900$311,279
46818Fort Wayne, IN 4681813.5 mi145$62,316,505$374,800$429,769
46721Butler, IN 4672115.3 mi12$2,725,920$167,500$227,160
46805Fort Wayne, IN 4680515.4 mi63$12,749,058$188,500$202,366
46815Fort Wayne, IN 4681515.6 mi64$19,553,792$271,450$305,528
46743Harlan, IN 4674316.5 mi3$914,700$304,900$304,900

Frequently Asked Questions

How many homes are for sale in GARRETT, IN 46738?

As of January 2026, there are 16 active listings in GARRETT, IN (zip code 46738), compared to 17 the prior year.

What is the median home price in GARRETT, IN 46738?

The median listing price in GARRETT, IN 46738 is $246,900 as of January 2026, a 23.8% increase from $199,500 the prior year.

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

Homes in GARRETT, IN 46738 spend an average of 60 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GARRETT, IN 46738?

Based on current inventory and days-on-market data as of January 2026, GARRETT, IN 46738 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 60 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GARRETT, IN 46738 save an estimated $4,938 compared to a typical 5% commission on the median listing price of $246,900. 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.