Population: 3,434 · Density: 23.3/mi² · Median household income: $68,044
Typical home value: $109,162 · Homeownership: 71.9%
Data as of January 2026. Source: Realtor.com.
The MONTPELIER, IN real estate market (47359) currently shows 7 active listings, with 3 pending sales. Homes are averaging 98 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 taking longer to sell, averaging 98 days on market compared to 59 days last year.
The median listing price has fallen 42.2% year-over-year, from $199,000 to $114,950.
Whether you are buying or selling in MONTPELIER, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47359 | Montpelier, IN 47359 | 0.0 mi | 7 | $922,075 | $114,950 | $131,725 |
| 46759 | Keystone, IN 46759 | 6.3 mi | 1 | $149,995 | $149,995 | $149,995 |
| 47369 | Pennville, IN 47369 | 7.9 mi | 3 | $269,700 | $89,900 | $89,900 |
| 46792 | Warren, IN 46792 | 12.1 mi | 10 | $1,561,830 | $152,450 | $156,183 |
| 46991 | Van Buren, IN 46991 | 12.7 mi | 5 | $803,915 | $85,000 | $160,783 |
| 47338 | Eaton, IN 47338 | 14.7 mi | 12 | $3,308,664 | $235,000 | $275,722 |
| 46933 | Gas City, IN 46933 | 16.3 mi | 18 | $5,200,380 | $254,900 | $288,910 |
| 47326 | Bryant, IN 47326 | 16.6 mi | 1 | $109,900 | $109,900 | $109,900 |
| 46930 | Fowlerton, IN 46930 | 18.0 mi | 1 | $459,900 | $459,900 | $459,900 |
| 46953 | Marion, IN 46953 | 18.9 mi | 55 | $6,627,885 | $78,000 | $120,507 |
| 46770 | Markle, IN 46770 | 19.3 mi | 4 | $2,229,800 | $359,900 | $557,450 |
| 47342 | Gaston, IN 47342 | 19.8 mi | 5 | $974,500 | $194,900 | $194,900 |
| 47303 | Muncie, IN 47303 | 20.0 mi | 60 | $9,882,240 | $140,000 | $164,704 |
As of January 2026, there are 7 active listings in MONTPELIER, IN (zip code 47359), compared to 8 the prior year.
The median listing price in MONTPELIER, IN 47359 is $114,950 as of January 2026, a 42.2% decrease from $199,000 the prior year.
Homes in MONTPELIER, IN 47359 spend an average of 98 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MONTPELIER, IN 47359 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 98 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTPELIER, IN 47359 save an estimated $2,299 compared to a typical 5% commission on the median listing price of $114,950. 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.