Population: 844 · Density: 6.7/mi² · Median household income: $62,368
Typical home value: $136,125 · Homeownership: 81.3%
Data as of January 2026. Source: Realtor.com.
The WHEATLAND, IN real estate market (47597) currently shows 1 active listings, with 1 pending sales. Homes are averaging 145 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 145 days on market compared to 122 days last year.
The median listing price has risen 119.8% year-over-year, from $252,450 to $555,000.
Whether you are buying or selling in WHEATLAND, 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 $ |
|---|---|---|---|---|---|---|
| 47597 | Wheatland, IN 47597 | 0.0 mi | 1 | $555,000 | $555,000 | $555,000 |
| 47501 | Washington, IN 47501 | 6.7 mi | 66 | $16,853,628 | $209,900 | $255,358 |
| 47516 | Bruceville, IN 47516 | 10.4 mi | 4 | $484,400 | $123,000 | $121,100 |
| 47567 | Petersburg, IN 47567 | 12.3 mi | 17 | $2,712,095 | $145,000 | $159,535 |
| 47558 | Montgomery, IN 47558 | 13.6 mi | 5 | $2,247,500 | $449,500 | $449,500 |
| 47535 | Freelandville, IN 47535 | 14.9 mi | 1 | $58,450 | $58,450 | $58,450 |
| 47564 | Otwell, IN 47564 | 15.8 mi | 2 | $404,900 | $202,450 | $202,450 |
| 47519 | Cannelburg, IN 47519 | 17.1 mi | 2 | $4,629,900 | $2,314,950 | $2,314,950 |
| 47598 | Winslow, IN 47598 | 18.6 mi | 8 | $1,307,864 | $133,250 | $163,483 |
| 62439 | Lawrenceville, IL 62439 | 19.5 mi | 26 | $3,993,392 | $154,700 | $153,592 |
| 47562 | Odon, IN 47562 | 21.4 mi | 7 | $1,456,469 | $197,000 | $208,067 |
| 47649 | Francisco, IN 47649 | 22.0 mi | 1 | $415,000 | $415,000 | $415,000 |
| 47590 | Velpen, IN 47590 | 23.0 mi | 1 | $225,000 | $225,000 | $225,000 |
As of January 2026, there are 1 active listings in WHEATLAND, IN (zip code 47597), compared to 2 the prior year.
The median listing price in WHEATLAND, IN 47597 is $555,000 as of January 2026, a 119.8% increase from $252,450 the prior year.
Homes in WHEATLAND, IN 47597 spend an average of 145 days on the market before going under contract, compared to 122 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WHEATLAND, IN 47597 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 145 days on market compared to 122 days last year.
With SELL123.com's maximum 3% commission, sellers in WHEATLAND, IN 47597 save an estimated $11,100 compared to a typical 5% commission on the median listing price of $555,000. 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.