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LAKETON, IN 46943

Real Estate Market Report  ·  Wabash County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKETON, IN real estate market (46943) currently shows 1 active listings. Homes are averaging 22 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 22 days on market compared to 2 days last year.

The median listing price has risen 58.3% year-over-year, from $30,000 to $47,500.

Whether you are buying or selling in LAKETON, 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: 153  ·  Density: 215.4/mi²  ·  Median household income: $56,635

Typical home value: $0  ·  Homeownership: 79.4%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$47,500
⇧ 58.3% vs $30,000 last year
Average Price
$47,500
⇧ 58.3% vs $30,000 last year
Days on Market
22
⇧ 1000% vs 2 days last year

Price Per Square Foot

Median $/sqft
$32
⇧ 300% vs $8/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 22 now vs 2 last year

Median & Average Pricing

Year over Year
  • Median: $47,500 (+58.3% YoY)
  • Average: $47,500 (+58.3% 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
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 22.6 miles — 252 listings ($72,869,496 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46962North Manchester, IN 469624.0 mi19$4,867,287$244,800$256,173
46982Silver Lake, IN 469826.3 mi8$1,499,992$182,450$187,499
46510Claypool, IN 4651010.3 mi4$370,200$92,550$92,550
46926Denver, IN 4692612.6 mi4$661,600$165,400$165,400
46787South Whitley, IN 4678713.1 mi8$2,264,096$207,695$283,012
46508Burket, IN 4650814.2 mi2$320,000$160,000$160,000
46580Warsaw, IN 4658016.3 mi62$21,866,532$339,675$352,686
46590Winona Lake, IN 4659016.8 mi8$3,710,280$429,683$463,785
46970Peru, IN 4697018.8 mi71$15,072,661$154,000$212,291
46940La Fontaine, IN 4694021.1 mi5$1,241,520$199,375$248,304
46582Warsaw, IN 4658221.4 mi24$8,900,256$350,000$370,844
46931Fulton, IN 4693122.2 mi1$84,500$84,500$84,500
46725Columbia City, IN 4672522.6 mi36$12,010,572$300,396$333,627

Frequently Asked Questions

How many homes are for sale in LAKETON, IN 46943?

As of April 2026, there are 1 active listings in LAKETON, IN (zip code 46943), compared to 1 the prior year.

What is the median home price in LAKETON, IN 46943?

The median listing price in LAKETON, IN 46943 is $47,500 as of April 2026, a 58.3% increase from $30,000 the prior year.

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

Homes in LAKETON, IN 46943 spend an average of 22 days on the market before going under contract, compared to 2 days the prior year.

Is it a seller's or buyer's market in LAKETON, IN 46943?

Based on current inventory and days-on-market data as of April 2026, LAKETON, IN 46943 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 22 days on market compared to 2 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKETON, IN 46943 save an estimated $950 compared to a typical 5% commission on the median listing price of $47,500. 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.