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WAWAKA, IN 46794

Real Estate Market Report  ·  Noble County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The WAWAKA, IN real estate market (46794) currently shows 5 active listings, with 2 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 12 days last year.

The median listing price has fallen 6.9% year-over-year, from $424,900 to $395,750.

Whether you are buying or selling in WAWAKA, 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: 1,139  ·  Density: 17.4/mi²  ·  Median household income: $72,188

Typical home value: $162,905  ·  Homeownership: 89.2%

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
2
40% pending ratio
Median Price
$395,750
⇩ 6.9% vs $424,900 last year
Average Price
$520,850
⇧ 22.6% vs $424,900 last year
Days on Market
54
⇧ 350% vs 12 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 2.1% vs $239/sqft last year
Median Home Size
1,949 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 54 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $395,750 (-6.9% YoY)
  • Average: $520,850 (+22.6% 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
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 21.0 miles — 188 listings ($81,931,592 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46794Wawaka, IN 467940.0 mi2$813,000$406,500$406,500
46767Ligonier, IN 467676.1 mi11$3,014,704$259,500$274,064
46571Topeka, IN 465718.3 mi5$1,105,565$247,475$221,113
46755Kendallville, IN 467559.8 mi58$17,113,248$217,200$295,056
46732Cromwell, IN 4673210.4 mi6$2,135,970$367,175$355,995
46761Lagrange, IN 4676112.5 mi20$8,719,420$241,700$435,971
46567Syracuse, IN 4656714.5 mi26$25,292,514$524,675$972,789
46730Corunna, IN 4673015.8 mi2$992,450$496,225$496,225
46565Shipshewana, IN 4656516.9 mi7$3,244,122$452,500$463,446
46723Churubusco, IN 4672317.3 mi14$3,836,238$248,650$274,017
46540Middlebury, IN 4654019.0 mi17$10,612,913$435,000$624,289
46738Garrett, IN 4673819.5 mi18$4,709,448$258,650$261,636
46705Ashley, IN 4670521.0 mi2$342,000$171,000$171,000

Frequently Asked Questions

How many homes are for sale in WAWAKA, IN 46794?

As of June 2026, there are 5 active listings in WAWAKA, IN (zip code 46794), compared to 2 the prior year.

What is the median home price in WAWAKA, IN 46794?

The median listing price in WAWAKA, IN 46794 is $395,750 as of June 2026, a 6.9% decrease from $424,900 the prior year.

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

Homes in WAWAKA, IN 46794 spend an average of 54 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in WAWAKA, IN 46794?

Based on current inventory and days-on-market data as of June 2026, WAWAKA, IN 46794 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 12 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAWAKA, IN 46794 save an estimated $7,915 compared to a typical 5% commission on the median listing price of $395,750. 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.