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NORTH MANCHESTER, IN 46962

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NORTH MANCHESTER, IN real estate market (46962) currently shows 26 active listings, with 10 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33 days on market compared to 94 days last year.

The median listing price has fallen 6.2% year-over-year, from $271,874 to $254,950.

Whether you are buying or selling in NORTH MANCHESTER, 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: 8,491  ·  Density: 30.9/mi²  ·  Median household income: $67,692

Typical home value: $147,435  ·  Homeownership: 80.8%

Market Overview

Active Listings
26
⇧ 36.8% vs 19 last year
Pending
10
38% pending ratio
Median Price
$254,950
⇩ 6.2% vs $271,874 last year
Average Price
$256,031
⇩ 0.5% vs $257,204 last year
Days on Market
33
⇩ 64.9% vs 94 days last year

Price Per Square Foot

Median $/sqft
$148
⇩ 9.8% vs $164/sqft last year
Median Home Size
1,624 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 19 last year
  • Days on market: 33 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $254,950 (-6.2% YoY)
  • Average: $256,031 (-0.5% 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
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 23.9 miles — 166 listings ($46,162,790 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46962North Manchester, IN 469620.0 mi19$4,867,287$244,800$256,173
46982Silver Lake, IN 469827.9 mi8$1,499,992$182,450$187,499
46787South Whitley, IN 467879.3 mi8$2,264,096$207,695$283,012
46702Andrews, IN 4670213.6 mi9$1,623,078$184,900$180,342
46910Akron, IN 4691014.9 mi4$692,500$177,125$173,125
46562Pierceton, IN 4656215.7 mi8$1,785,504$214,900$223,188
46750Huntington, IN 4675016.1 mi53$10,729,532$167,725$202,444
46926Denver, IN 4692616.5 mi4$661,600$165,400$165,400
46539Mentone, IN 4653918.2 mi1$588,888$588,888$588,888
46582Warsaw, IN 4658220.9 mi24$8,900,256$350,000$370,844
46783Roanoke, IN 4678321.5 mi19$7,456,208$359,900$392,432
46984Somerset, IN 4698422.4 mi2$431,450$215,725$215,725
46555North Webster, IN 4655523.9 mi7$4,662,399$444,500$666,057

Frequently Asked Questions

How many homes are for sale in NORTH MANCHESTER, IN 46962?

As of March 2026, there are 26 active listings in NORTH MANCHESTER, IN (zip code 46962), compared to 19 the prior year.

What is the median home price in NORTH MANCHESTER, IN 46962?

The median listing price in NORTH MANCHESTER, IN 46962 is $254,950 as of March 2026, a 6.2% decrease from $271,874 the prior year.

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

Homes in NORTH MANCHESTER, IN 46962 spend an average of 33 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in NORTH MANCHESTER, IN 46962?

Based on current inventory and days-on-market data as of March 2026, NORTH MANCHESTER, IN 46962 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 94 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORTH MANCHESTER, IN 46962 save an estimated $5,099 compared to a typical 5% commission on the median listing price of $254,950. 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.