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MONTPELIER, IN 47359

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

Market Analysis

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

The MONTPELIER, IN real estate market (47359) currently shows 8 active listings, with 2 pending sales. Homes are averaging 51 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 51 days on market compared to 31 days last year.

The median listing price has fallen 62.7% year-over-year, from $298,500 to $111,225.

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.

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Market Context

Market Context

Population: 3,434  ·  Density: 23.3/mi²  ·  Median household income: $68,044

Typical home value: $109,162  ·  Homeownership: 71.9%

Market Overview

Active Listings
8
⇧ 14.3% vs 7 last year
Pending
2
25% pending ratio
Median Price
$111,225
⇩ 62.7% vs $298,500 last year
Average Price
$115,906
⇩ 63.8% vs $320,000 last year
Days on Market
51
⇧ 64.5% vs 31 days last year

Price Per Square Foot

Median $/sqft
$92
⇩ 44.9% vs $167/sqft last year
Median Home Size
1,444 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 7 last year
  • Days on market: 51 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $111,225 (-62.7% YoY)
  • Average: $115,906 (-63.8% 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 20.4 miles — 183 listings ($36,338,698 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47359Montpelier, IN 473590.0 mi7$772,933$91,200$110,419
46759Keystone, IN 467596.3 mi1$149,995$149,995$149,995
47369Pennville, IN 473697.9 mi2$270,000$135,000$135,000
47336Dunkirk, IN 4733611.5 mi18$1,682,658$81,037$93,481
46989Upland, IN 4698912.4 mi7$2,756,026$357,400$393,718
46714Bluffton, IN 4671412.9 mi34$8,064,290$250,749$237,185
46957Matthews, IN 4695715.9 mi2$479,900$239,950$239,950
47373Redkey, IN 4737316.3 mi3$507,249$167,450$169,083
46952Marion, IN 4695218.4 mi66$11,441,298$159,425$173,353
47320Albany, IN 4732018.9 mi12$2,805,504$197,500$233,792
47371Portland, IN 4737119.5 mi22$3,779,292$152,400$171,786
46791Uniondale, IN 4679119.8 mi3$2,902,425$967,475$967,475
46938Jonesboro, IN 4693820.4 mi6$727,128$117,450$121,188

Frequently Asked Questions

How many homes are for sale in MONTPELIER, IN 47359?

As of March 2026, there are 8 active listings in MONTPELIER, IN (zip code 47359), compared to 7 the prior year.

What is the median home price in MONTPELIER, IN 47359?

The median listing price in MONTPELIER, IN 47359 is $111,225 as of March 2026, a 62.7% decrease from $298,500 the prior year.

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

Homes in MONTPELIER, IN 47359 spend an average of 51 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in MONTPELIER, IN 47359?

Based on current inventory and days-on-market data as of March 2026, MONTPELIER, IN 47359 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 51 days on market compared to 31 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTPELIER, IN 47359 save an estimated $2,225 compared to a typical 5% commission on the median listing price of $111,225. 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.