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MONTEREY, IN 46960

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

Market Analysis

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

The MONTEREY, IN real estate market (46960) currently shows 8 active listings, with 4 pending sales. Homes are averaging 234 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 234 days on market compared to 162 days last year.

The median listing price has risen 31.7% year-over-year, from $335,000 to $441,200.

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 Context

Market Context

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

Typical home value: $0  ·  Homeownership: 81.9%

Market Overview

Active Listings
8
⇧ 166.7% vs 3 last year
Pending
4
50% pending ratio
Median Price
$441,200
⇧ 31.7% vs $335,000 last year
Average Price
$404,300
⇧ 20.1% vs $336,667 last year
Days on Market
234
⇧ 44.4% vs 162 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 50.4% vs $125/sqft last year
Median Home Size
1,891 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 3 last year
  • Days on market: 234 now vs 162 last year

Median & Average Pricing

Year over Year
  • Median: $441,200 (+31.7% YoY)
  • Average: $404,300 (+20.1% 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 23.6 miles — 187 listings ($57,846,439 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46960Monterey, IN 469600.0 mi8$3,398,936$457,450$424,867
46511Culver, IN 465116.7 mi29$11,028,091$344,500$380,279
46534Knox, IN 4653410.1 mi46$15,413,864$274,950$335,084
46366North Judson, IN 4636613.3 mi18$4,501,332$192,625$250,074
46985Star City, IN 4698514.3 mi2$390,000$193,749$195,000
46975Rochester, IN 4697515.4 mi36$10,627,416$222,500$295,206
46572Tyner, IN 4657218.6 mi1$319,900$319,900$319,900
47957Medaryville, IN 4795719.0 mi5$704,625$132,400$140,925
46931Fulton, IN 4693119.9 mi1$84,500$84,500$84,500
46348La Crosse, IN 4634820.5 mi3$578,451$195,650$192,817
46978Royal Center, IN 4697820.6 mi7$1,611,624$191,500$230,232
46574Walkerton, IN 4657421.9 mi29$8,847,900$241,600$305,100
46537Lapaz, IN 4653723.6 mi2$339,800$169,900$169,900

Frequently Asked Questions

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

As of March 2026, there are 8 active listings in MONTEREY, IN (zip code 46960), compared to 3 the prior year.

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

The median listing price in MONTEREY, IN 46960 is $441,200 as of March 2026, a 31.7% increase from $335,000 the prior year.

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

Homes in MONTEREY, IN 46960 spend an average of 234 days on the market before going under contract, compared to 162 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 March 2026, MONTEREY, IN 46960 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 234 days on market compared to 162 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 $8,824 compared to a typical 5% commission on the median listing price of $441,200. 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.