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MITCHELL, IN 47446

Real Estate Market Report  ·  Lawrence County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MITCHELL, IN real estate market (47446) currently shows 46 active listings, with 12 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71 days on market compared to 57 days last year.

The median listing price has risen 9% year-over-year, from $208,725 to $227,450.

Whether you are buying or selling in MITCHELL, 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: 9,224  ·  Density: 28.4/mi²  ·  Median household income: $55,820

Typical home value: $132,557  ·  Homeownership: 82.5%

Market Overview

Active Listings
46
⇧ 43.8% vs 32 last year
Pending
12
26% pending ratio
Median Price
$227,450
⇧ 9% vs $208,725 last year
Average Price
$248,383
⇧ 17.5% vs $211,398 last year
Days on Market
71
⇧ 24.6% vs 57 days last year

Price Per Square Foot

Median $/sqft
$151
⇩ 4.4% vs $158/sqft last year
Median Home Size
1,324 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 32 last year
  • Days on market: 71 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $227,450 (+9% YoY)
  • Average: $248,383 (+17.5% 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 25.8 miles — 240 listings ($72,940,414 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47446Mitchell, IN 474460.0 mi48$11,370,384$209,000$236,883
47470Williams, IN 474708.7 mi1$849,900$849,900$849,900
47469West Baden Springs, IN 474699.6 mi12$3,046,068$260,250$253,839
47581Shoals, IN 4758114.5 mi4$1,130,600$298,500$282,650
47454Paoli, IN 4745415.7 mi39$8,222,097$184,900$210,823
47436Heltonville, IN 4743617.0 mi2$1,382,350$691,175$691,175
47522Crane, IN 4752218.4 mi2$375,000$187,500$187,500
47453Owensburg, IN 4745319.0 mi2$1,874,900$937,450$937,450
47264Norman, IN 4726420.9 mi1$335,000$335,000$335,000
47125Hardinsburg, IN 4712522.2 mi7$1,775,480$231,900$253,640
47527Dubois, IN 4752723.1 mi4$1,649,800$412,450$412,450
47403Bloomington, IN 4740324.5 mi111$39,552,075$287,000$356,325
47562Odon, IN 4756225.8 mi7$1,376,760$199,000$196,680

Frequently Asked Questions

How many homes are for sale in MITCHELL, IN 47446?

As of April 2026, there are 46 active listings in MITCHELL, IN (zip code 47446), compared to 32 the prior year.

What is the median home price in MITCHELL, IN 47446?

The median listing price in MITCHELL, IN 47446 is $227,450 as of April 2026, a 9% increase from $208,725 the prior year.

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

Homes in MITCHELL, IN 47446 spend an average of 71 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MITCHELL, IN 47446?

Based on current inventory and days-on-market data as of April 2026, MITCHELL, IN 47446 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MITCHELL, IN 47446 save an estimated $4,549 compared to a typical 5% commission on the median listing price of $227,450. 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.