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MONTEREY, IN 46960

Real Estate Market Report  ·  Pulaski County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 14.3% vs 7 last year
Pending
1
13% pending ratio
Median Price
$499,900
⇧ 88.7% vs $264,925 last year
Average Price
$414,157
⇧ 15.5% vs $358,688 last year
Days on Market
117
⇧ 15.8% vs 101 days last year

Market Context

Population: 1,204  ·  Density: 11.4/mi²  ·  Median household income: $50,938

Typical home value: $0  ·  Homeownership: 81.9%

Market Analysis

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

The MONTEREY, IN real estate market (46960) currently shows 8 active listings, with 1 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 117 days on market compared to 101 days last year.

The median listing price has risen 88.7% year-over-year, from $264,925 to $499,900.

Whether you are buying or selling in MONTEREY, 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: 8 this year vs 7 last year
  • Days on market: 117 now vs 101 last year

Median & Average Pricing

Year over Year
  • Median: $499,900 (+88.7% YoY)
  • Average: $414,157 (+15.5% 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 23.8 miles — 181 listings ($63,820,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46960Monterey, IN 469600.0 mi8$3,313,256$499,900$414,157
46511Culver, IN 465116.7 mi29$14,714,600$387,000$507,400
46534Knox, IN 4653410.1 mi44$18,533,504$287,450$421,216
46366North Judson, IN 4636613.3 mi20$4,548,360$197,400$227,418
46985Star City, IN 4698514.3 mi3$794,850$239,950$264,950
46975Rochester, IN 4697515.4 mi38$11,798,202$222,500$310,479
46532Hamlet, IN 4653218.7 mi7$1,735,720$275,000$247,960
46374San Pierre, IN 4637419.6 mi1$149,900$149,900$149,900
46340Hanna, IN 4634020.1 mi4$1,007,200$250,000$251,800
46950Lucerne, IN 4695020.5 mi1$300,000$300,000$300,000
47946Francesville, IN 4794621.7 mi7$2,475,781$214,900$353,683
46504Bourbon, IN 4650423.6 mi3$664,401$217,500$221,467
46346Kingsford Heights, IN 4634623.8 mi16$3,784,368$244,995$236,523

Frequently Asked Questions

How many homes are for sale in MONTEREY, IN 46960?

As of January 2026, there are 8 active listings in MONTEREY, IN (zip code 46960), compared to 7 the prior year.

What is the median home price in MONTEREY, IN 46960?

The median listing price in MONTEREY, IN 46960 is $499,900 as of January 2026, a 88.7% increase from $264,925 the prior year.

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

Homes in MONTEREY, IN 46960 spend an average of 117 days on the market before going under contract, compared to 101 days the prior year.

Is it a seller's or buyer's market in MONTEREY, IN 46960?

Based on current inventory and days-on-market data as of January 2026, MONTEREY, IN 46960 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 117 days on market compared to 101 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTEREY, IN 46960 save an estimated $9,998 compared to a typical 5% commission on the median listing price of $499,900. 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.