Call or Text (240) SELL-123

MONTEZUMA, IN 47862

Real Estate Market Report  ·  Parke County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
2
50% pending ratio
Median Price
$120,000
⇩ 11.1% vs $134,950 last year
Average Price
$119,900
⇩ 43.1% vs $210,881 last year
Days on Market
27
⇩ 71.6% vs 95 days last year

Market Context

Population: 1,412  ·  Density: 13.7/mi²  ·  Median household income: $60,625

Typical home value: $111,827  ·  Homeownership: 82.9%

Market Analysis

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

The MONTEZUMA, IN real estate market (47862) currently shows 4 active listings, with 2 pending sales. Homes are averaging 27 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 selling faster, averaging 27 days on market compared to 95 days last year.

The median listing price has fallen 11.1% year-over-year, from $134,950 to $120,000.

Whether you are buying or selling in MONTEZUMA, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MONTEZUMA, IN 47862 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 27 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $120,000 (-11.1% YoY)
  • Average: $119,900 (-43.1% 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 20.1 miles — 108 listings ($26,680,655 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47862Montezuma, IN 478620.0 mi4$479,600$120,000$119,900
47854Hillsdale, IN 478544.4 mi1$89,995$89,995$89,995
47832Bloomingdale, IN 478328.8 mi3$2,799,996$430,000$933,332
47872Rockville, IN 478729.8 mi22$6,746,146$269,950$306,643
47884Universal, IN 4788411.8 mi2$304,900$152,450$152,450
47859Marshall, IN 4785912.2 mi3$517,200$172,400$172,400
47952Kingman, IN 4795213.3 mi9$1,807,875$161,500$200,875
47805Terre Haute, IN 4780515.5 mi32$6,886,080$202,450$215,190
61924Chrisman, IL 6192416.3 mi7$1,710,303$139,500$244,329
47989Waveland, IN 4798917.5 mi3$462,000$154,000$154,000
47885West Terre Haute, IN 4788519.5 mi18$3,877,560$219,450$215,420
47974Perrysville, IN 4797419.9 mi2$549,000$274,500$274,500
46175Russellville, IN 4617520.1 mi2$450,000$225,000$225,000

Frequently Asked Questions

How many homes are for sale in MONTEZUMA, IN 47862?

As of January 2026, there are 4 active listings in MONTEZUMA, IN (zip code 47862), compared to 5 the prior year.

What is the median home price in MONTEZUMA, IN 47862?

The median listing price in MONTEZUMA, IN 47862 is $120,000 as of January 2026, a 11.1% decrease from $134,950 the prior year.

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

Homes in MONTEZUMA, IN 47862 spend an average of 27 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in MONTEZUMA, IN 47862?

Based on current inventory and days-on-market data as of January 2026, MONTEZUMA, IN 47862 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTEZUMA, IN 47862 save an estimated $2,400 compared to a typical 5% commission on the median listing price of $120,000. 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.