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PLEASANT LAKE, IN 46779

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

Market Analysis

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

The PLEASANT LAKE, IN real estate market (46779) currently shows 6 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 138 days last year.

The median listing price has risen 10.4% year-over-year, from $407,450 to $450,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
6
⇧ 50% vs 4 last year
Pending
1
17% pending ratio
Median Price
$450,000
⇧ 10.4% vs $407,450 last year
Average Price
$480,960
⇧ 18% vs $407,450 last year
Days on Market
60
⇩ 56.5% vs 138 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 2.1% vs $239/sqft last year
Median Home Size
2,080 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 4 last year
  • Days on market: 60 now vs 138 last year

Median & Average Pricing

Year over Year
  • Median: $450,000 (+10.4% YoY)
  • Average: $480,960 (+18% 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 21.8 miles — 188 listings ($85,596,743 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46779Pleasant Lake, IN 467790.0 mi4$2,089,700$549,950$522,425
46703Angola, IN 467035.7 mi61$36,315,313$512,400$595,333
46793Waterloo, IN 467937.7 mi15$3,941,295$309,875$262,753
46730Corunna, IN 4673010.4 mi2$992,450$496,225$496,225
46776Orland, IN 4677612.9 mi6$1,606,320$249,925$267,720
43518Edon, OH 4351814.4 mi4$900,832$210,725$225,208
46706Auburn, IN 4670615.9 mi51$21,851,460$366,400$428,460
49255Montgomery, MI 4925516.5 mi8$1,851,584$237,425$231,448
43517Edgerton, OH 4351718.2 mi6$2,088,000$318,300$348,000
46785Saint Joe, IN 4678519.0 mi2$659,998$329,999$329,999
46784Rome City, IN 4678419.2 mi10$6,649,240$421,750$664,924
49028Bronson, MI 4902820.4 mi17$5,050,751$277,475$297,103
46788Spencerville, IN 4678821.8 mi2$1,599,800$799,900$799,900

Frequently Asked Questions

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

As of March 2026, there are 6 active listings in PLEASANT LAKE, IN (zip code 46779), compared to 4 the prior year.

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

The median listing price in PLEASANT LAKE, IN 46779 is $450,000 as of March 2026, a 10.4% increase from $407,450 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 60 days on the market before going under contract, compared to 138 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 March 2026, PLEASANT LAKE, IN 46779 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 138 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 $9,000 compared to a typical 5% commission on the median listing price of $450,000. 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.