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GARRETT, IN 46738

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

Market Analysis

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

The GARRETT, IN real estate market (46738) currently shows 25 active listings, with 12 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 25 days on market compared to 38 days last year.

The median listing price has risen 44.3% year-over-year, from $195,000 to $281,400.

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 Context

Market Context

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

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

Market Overview

Active Listings
25
⇧ 25% vs 20 last year
Pending
12
48% pending ratio
Median Price
$281,400
⇧ 44.3% vs $195,000 last year
Average Price
$299,483
⇧ 53.5% vs $195,127 last year
Days on Market
25
⇩ 34.2% vs 38 days last year

Price Per Square Foot

Median $/sqft
$150
⇧ 29.3% vs $116/sqft last year
Median Home Size
1,900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 20 last year
  • Days on market: 25 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $281,400 (+44.3% YoY)
  • Average: $299,483 (+53.5% 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 16.5 miles — 616 listings ($227,555,624 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46738Garrett, IN 467380.0 mi18$4,709,448$258,650$261,636
46748Huntertown, IN 467485.3 mi73$37,606,315$391,150$515,155
46710Avilla, IN 467106.3 mi10$2,806,560$301,950$280,656
46845Fort Wayne, IN 468458.2 mi93$43,473,966$418,650$467,462
46723Churubusco, IN 4672311.3 mi14$3,836,238$248,650$274,017
46793Waterloo, IN 4679311.4 mi15$3,941,295$309,875$262,753
46741Grabill, IN 4674112.3 mi7$2,362,969$337,975$337,567
46835Fort Wayne, IN 4683512.7 mi100$31,460,600$294,925$314,606
46818Fort Wayne, IN 4681813.5 mi147$63,559,860$379,900$432,380
46721Butler, IN 4672115.3 mi16$3,546,832$161,750$221,677
46805Fort Wayne, IN 4680515.4 mi59$11,648,901$183,050$197,439
46815Fort Wayne, IN 4681515.6 mi60$17,250,240$263,075$287,504
46743Harlan, IN 4674316.5 mi4$1,352,400$349,900$338,100

Frequently Asked Questions

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

As of March 2026, there are 25 active listings in GARRETT, IN (zip code 46738), compared to 20 the prior year.

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

The median listing price in GARRETT, IN 46738 is $281,400 as of March 2026, a 44.3% increase from $195,000 the prior year.

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

Homes in GARRETT, IN 46738 spend an average of 25 days on the market before going under contract, compared to 38 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 March 2026, GARRETT, IN 46738 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 25 days on market compared to 38 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 $5,628 compared to a typical 5% commission on the median listing price of $281,400. 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.