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LUCERNE, IN 46950

Real Estate Market Report  ·  Cass County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LUCERNE, IN real estate market (46950) currently shows 1 active listings. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 75 days on market compared to 120 days last year.

The median listing price has risen 39.8% year-over-year, from $214,600 to $300,000.

Whether you are buying or selling in LUCERNE, 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: 432  ·  Density: 5.6/mi²  ·  Median household income: $39,196

Typical home value: $119,431  ·  Homeownership: 97.8%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$300,000
⇧ 39.8% vs $214,600 last year
Average Price
$300,000
⇧ 39.8% vs $214,600 last year
Days on Market
75
⇩ 37.5% vs 120 days last year

Price Per Square Foot

Median $/sqft
$78
⇩ 11.4% vs $88/sqft last year
Median Home Size
3,865 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 75 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $300,000 (+39.8% YoY)
  • Average: $300,000 (+39.8% 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 23.8 miles — 84 listings ($22,472,346 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46950Lucerne, IN 469500.0 mi1$300,000$300,000$300,000
46988Twelve Mile, IN 469887.2 mi2$286,000$143,000$143,000
46939Kewanna, IN 469397.7 mi7$1,987,181$299,900$283,883
46985Star City, IN 4698512.0 mi2$390,000$193,749$195,000
46975Rochester, IN 4697514.4 mi36$10,627,416$222,500$295,206
46967Onward, IN 4696716.0 mi1$159,900$159,900$159,900
46926Denver, IN 4692616.8 mi4$661,600$165,400$165,400
46917Camden, IN 4691718.9 mi2$168,000$84,000$84,000
46960Monterey, IN 4696020.5 mi8$3,398,936$457,450$424,867
46932Galveston, IN 4693220.7 mi12$2,539,248$208,500$211,604
46968Ora, IN 4696821.9 mi2$140,000$70,000$70,000
46974Roann, IN 4697423.5 mi2$665,000$332,500$332,500
46929Flora, IN 4692923.8 mi5$1,149,065$232,000$229,813

Frequently Asked Questions

How many homes are for sale in LUCERNE, IN 46950?

As of March 2026, there are 1 active listings in LUCERNE, IN (zip code 46950), compared to 2 the prior year.

What is the median home price in LUCERNE, IN 46950?

The median listing price in LUCERNE, IN 46950 is $300,000 as of March 2026, a 39.8% increase from $214,600 the prior year.

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

Homes in LUCERNE, IN 46950 spend an average of 75 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in LUCERNE, IN 46950?

Based on current inventory and days-on-market data as of March 2026, LUCERNE, IN 46950 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 75 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LUCERNE, IN 46950 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $300,000. 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.