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PLEASANT LAKE, IN 46779

Real Estate Market Report  ·  Steuben County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
0
0% pending ratio
Median Price
$261,950
⇩ 51% vs $534,900 last year
Average Price
$365,975
⇩ 19.3% vs $453,267 last year
Days on Market
78
⇩ 31.6% vs 114 days last year

Market Context

Population: 2,392  ·  Density: 28.3/mi²  ·  Median household income: $88,262

Typical home value: $177,454  ·  Homeownership: 93.7%

Market Analysis

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

The PLEASANT LAKE, IN real estate market (46779) currently shows 3 active listings. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 78 days on market compared to 114 days last year.

The median listing price has fallen 51% year-over-year, from $534,900 to $261,950.

Whether you are buying or selling in PLEASANT LAKE, 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: 3 this year vs 5 last year
  • Days on market: 78 now vs 114 last year

Median & Average Pricing

Year over Year
  • Median: $261,950 (-51% YoY)
  • Average: $365,975 (-19.3% 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 21.8 miles — 184 listings ($82,674,776 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46779Pleasant Lake, IN 467790.0 mi3$1,097,925$261,950$365,975
46703Angola, IN 467035.7 mi58$32,917,900$388,900$567,550
46793Waterloo, IN 467937.7 mi17$5,025,812$299,900$295,636
46730Corunna, IN 4673010.4 mi2$774,900$387,450$387,450
46776Orland, IN 4677612.9 mi3$824,850$274,950$274,950
43518Edon, OH 4351814.4 mi3$1,665,000$555,000$555,000
46706Auburn, IN 4670615.9 mi51$23,000,643$371,450$450,993
49255Montgomery, MI 4925516.5 mi8$1,964,344$239,900$245,543
43517Edgerton, OH 4351718.2 mi6$1,857,750$262,000$309,625
46785Saint Joe, IN 4678519.0 mi1$350,000$350,000$350,000
46784Rome City, IN 4678419.2 mi9$5,204,853$399,000$578,317
49028Bronson, MI 4902820.4 mi19$5,411,067$269,950$284,793
46788Spencerville, IN 4678821.8 mi4$2,579,732$799,900$644,933

Frequently Asked Questions

How many homes are for sale in PLEASANT LAKE, IN 46779?

As of January 2026, there are 3 active listings in PLEASANT LAKE, IN (zip code 46779), compared to 5 the prior year.

What is the median home price in PLEASANT LAKE, IN 46779?

The median listing price in PLEASANT LAKE, IN 46779 is $261,950 as of January 2026, a 51% decrease from $534,900 the prior year.

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

Homes in PLEASANT LAKE, IN 46779 spend an average of 78 days on the market before going under contract, compared to 114 days the prior year.

Is it a seller's or buyer's market in PLEASANT LAKE, IN 46779?

Based on current inventory and days-on-market data as of January 2026, PLEASANT LAKE, IN 46779 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 114 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PLEASANT LAKE, IN 46779 save an estimated $5,239 compared to a typical 5% commission on the median listing price of $261,950. 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.