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GOODLAND, IN 47948

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The GOODLAND, IN real estate market (47948) currently shows 5 active listings, with 2 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 21 days on market compared to 65 days last year.

The median listing price has risen 34.1% year-over-year, from $184,675 to $247,700.

Whether you are buying or selling in GOODLAND, 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: 1,260  ·  Density: 8.3/mi²  ·  Median household income: $58,125

Typical home value: $94,692  ·  Homeownership: 83.5%

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
2
40% pending ratio
Median Price
$247,700
⇧ 34.1% vs $184,675 last year
Average Price
$246,338
⇧ 27.3% vs $193,444 last year
Days on Market
21
⇩ 67.7% vs 65 days last year

Price Per Square Foot

Median $/sqft
$112
⇩ 11.8% vs $127/sqft last year
Median Home Size
1,854 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 21 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $247,700 (+34.1% YoY)
  • Average: $246,338 (+27.3% 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 24.1 miles — 106 listings ($27,386,769 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47948Goodland, IN 479480.0 mi4$662,000$165,500$165,500
47922Brook, IN 479227.7 mi6$1,766,982$172,500$294,497
47942Earl Park, IN 4794210.4 mi5$1,191,900$199,000$238,380
47995Wolcott, IN 4799513.3 mi4$479,732$120,000$119,933
60966Sheldon, IL 6096615.6 mi6$1,156,560$69,900$192,760
47971Oxford, IN 4797117.3 mi7$1,455,034$229,900$207,862
47943Fair Oaks, IN 4794319.6 mi2$1,150,000$575,000$575,000
47929Chalmers, IN 4792920.5 mi1$240,000$240,000$240,000
47959Monon, IN 4795921.2 mi9$2,532,096$249,900$281,344
47923Brookston, IN 4792322.1 mi6$3,420,000$570,000$570,000
47975Pine Village, IN 4797523.0 mi1$314,900$314,900$314,900
60970Watseka, IL 6097023.8 mi44$7,299,952$137,450$165,908
46349Lake Village, IN 4634924.1 mi11$5,717,613$450,950$519,783

Frequently Asked Questions

How many homes are for sale in GOODLAND, IN 47948?

As of July 2026, there are 5 active listings in GOODLAND, IN (zip code 47948), compared to 10 the prior year.

What is the median home price in GOODLAND, IN 47948?

The median listing price in GOODLAND, IN 47948 is $247,700 as of July 2026, a 34.1% increase from $184,675 the prior year.

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

Homes in GOODLAND, IN 47948 spend an average of 21 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in GOODLAND, IN 47948?

Based on current inventory and days-on-market data as of July 2026, GOODLAND, IN 47948 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GOODLAND, IN 47948 save an estimated $4,954 compared to a typical 5% commission on the median listing price of $247,700. 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.