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TWELVE MILE, IN 46988

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

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$143,000
⇩ 56% vs $324,900 last year
Average Price
$187,250
⇩ 42.4% vs $324,900 last year
Days on Market
39
⇧ 11.4% vs 35 days last year

Market Context

Population: 918  ·  Density: 13.3/mi²  ·  Median household income: $51,107

Typical home value: $167,625  ·  Homeownership: 61.6%

Market Analysis

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

The TWELVE MILE, IN real estate market (46988) currently shows 4 active listings, with 1 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 35 days last year.

The median listing price has fallen 56% year-over-year, from $324,900 to $143,000.

Whether you are buying or selling in TWELVE MILE, 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: 4 this year vs 1 last year
  • Days on market: 39 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $143,000 (-56% YoY)
  • Average: $187,250 (-42.4% 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 23.5 miles — 44 listings ($9,881,436 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46988Twelve Mile, IN 469880.0 mi4$749,000$143,000$187,250
46950Lucerne, IN 469507.2 mi1$300,000$300,000$300,000
46926Denver, IN 469269.7 mi2$272,500$136,250$136,250
46939Kewanna, IN 4693911.8 mi8$2,182,320$297,450$272,790
46967Onward, IN 4696713.0 mi1$162,500$162,500$162,500
46978Royal Center, IN 4697814.5 mi7$1,630,300$184,000$232,900
46910Akron, IN 4691015.2 mi1$174,500$174,500$174,500
46914Bunker Hill, IN 4691418.7 mi2$398,800$199,400$199,400
46959Miami, IN 4695919.6 mi1$75,000$75,000$75,000
47926Burnettsville, IN 4792620.2 mi1$269,900$269,900$269,900
46982Silver Lake, IN 4698221.8 mi12$2,306,616$169,900$192,218
46539Mentone, IN 4653922.5 mi2$1,040,000$588,888$520,000
46508Burket, IN 4650823.5 mi2$320,000$160,000$160,000

Frequently Asked Questions

How many homes are for sale in TWELVE MILE, IN 46988?

As of January 2026, there are 4 active listings in TWELVE MILE, IN (zip code 46988), compared to 1 the prior year.

What is the median home price in TWELVE MILE, IN 46988?

The median listing price in TWELVE MILE, IN 46988 is $143,000 as of January 2026, a 56% decrease from $324,900 the prior year.

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

Homes in TWELVE MILE, IN 46988 spend an average of 39 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in TWELVE MILE, IN 46988?

Based on current inventory and days-on-market data as of January 2026, TWELVE MILE, IN 46988 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 35 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TWELVE MILE, IN 46988 save an estimated $2,860 compared to a typical 5% commission on the median listing price of $143,000. 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.