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MONTPELIER, IN 47359

Real Estate Market Report  ·  Blackford County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇩ 12.5% vs 8 last year
Pending
3
43% pending ratio
Median Price
$114,950
⇩ 42.2% vs $199,000 last year
Average Price
$131,725
⇩ 32.7% vs $195,760 last year
Days on Market
98
⇧ 66.1% vs 59 days last year

Market Context

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

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

Market Analysis

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 8 last year
  • Days on market: 98 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $114,950 (-42.2% YoY)
  • Average: $131,725 (-32.7% 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 20.0 miles — 182 listings ($32,500,784 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47359Montpelier, IN 473590.0 mi7$922,075$114,950$131,725
46759Keystone, IN 467596.3 mi1$149,995$149,995$149,995
47369Pennville, IN 473697.9 mi3$269,700$89,900$89,900
46792Warren, IN 4679212.1 mi10$1,561,830$152,450$156,183
46991Van Buren, IN 4699112.7 mi5$803,915$85,000$160,783
47338Eaton, IN 4733814.7 mi12$3,308,664$235,000$275,722
46933Gas City, IN 4693316.3 mi18$5,200,380$254,900$288,910
47326Bryant, IN 4732616.6 mi1$109,900$109,900$109,900
46930Fowlerton, IN 4693018.0 mi1$459,900$459,900$459,900
46953Marion, IN 4695318.9 mi55$6,627,885$78,000$120,507
46770Markle, IN 4677019.3 mi4$2,229,800$359,900$557,450
47342Gaston, IN 4734219.8 mi5$974,500$194,900$194,900
47303Muncie, IN 4730320.0 mi60$9,882,240$140,000$164,704

Frequently Asked Questions

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

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

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

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.

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

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.

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

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.

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 $2,299 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.