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GOODLAND, IN 47948

Real Estate Market Report  ·  Newton County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GOODLAND, IN real estate market (47948) currently shows 5 active listings, with 1 pending sales. Homes are averaging 15 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 15 days on market compared to 34 days last year.

The median listing price has fallen 1.6% year-over-year, from $220,900 to $217,425.

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
⇩ 44.4% vs 9 last year
Pending
1
20% pending ratio
Median Price
$217,425
⇩ 1.6% vs $220,900 last year
Average Price
$201,188
⇩ 0.3% vs $201,800 last year
Days on Market
15
⇩ 55.9% vs 34 days last year

Price Per Square Foot

Median $/sqft
$106
⇩ 5.4% vs $112/sqft last year
Median Home Size
1,807 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 9 last year
  • Days on market: 15 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $217,425 (-1.6% YoY)
  • Average: $201,188 (-0.3% 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 March 2026, there are 5 active listings in GOODLAND, IN (zip code 47948), compared to 9 the prior year.

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

The median listing price in GOODLAND, IN 47948 is $217,425 as of March 2026, a 1.6% decrease from $220,900 the prior year.

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

Homes in GOODLAND, IN 47948 spend an average of 15 days on the market before going under contract, compared to 34 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 March 2026, GOODLAND, IN 47948 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 15 days on market compared to 34 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 $4,349 compared to a typical 5% commission on the median listing price of $217,425. 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.