Active Listings
3
⇩ 66.7% vs 9 last year
Population: 1,182 · Density: 11.4/mi² · Median household income: $97,391
Typical home value: $117,977 · Homeownership: 91.0%
Data as of January 2026. Source: Realtor.com.
The WAVELAND, IN real estate market (47989) currently shows 3 active listings, with 2 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 45 days on market compared to 178 days last year.
The median listing price has fallen 77.3% year-over-year, from $677,875 to $154,000.
Whether you are buying or selling in WAVELAND, 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 $ |
|---|---|---|---|---|---|---|
| 47989 | Waveland, IN 47989 | 0.0 mi | 3 | $462,000 | $154,000 | $154,000 |
| 46175 | Russellville, IN 46175 | 6.3 mi | 2 | $450,000 | $225,000 | $225,000 |
| 47832 | Bloomingdale, IN 47832 | 10.7 mi | 3 | $2,799,996 | $430,000 | $933,332 |
| 47990 | Waynetown, IN 47990 | 11.9 mi | 3 | $666,750 | $222,250 | $222,250 |
| 47949 | Hillsboro, IN 47949 | 12.8 mi | 1 | $200,000 | $200,000 | $200,000 |
| 46172 | Roachdale, IN 46172 | 13.3 mi | 2 | $389,800 | $194,900 | $194,900 |
| 46105 | Bainbridge, IN 46105 | 15.3 mi | 5 | $1,339,875 | $238,450 | $267,975 |
| 47862 | Montezuma, IN 47862 | 17.5 mi | 4 | $479,600 | $120,000 | $119,900 |
| 47837 | Carbon, IN 47837 | 18.2 mi | 1 | $365,000 | $365,000 | $365,000 |
| 47860 | Mecca, IN 47860 | 18.7 mi | 1 | $279,000 | $279,000 | $279,000 |
| 47994 | Wingate, IN 47994 | 20.4 mi | 1 | $75,000 | $75,000 | $75,000 |
| 47874 | Rosedale, IN 47874 | 21.6 mi | 5 | $941,665 | $155,000 | $188,333 |
| 47928 | Cayuga, IN 47928 | 22.1 mi | 3 | $642,000 | $214,000 | $214,000 |
As of January 2026, there are 3 active listings in WAVELAND, IN (zip code 47989), compared to 9 the prior year.
The median listing price in WAVELAND, IN 47989 is $154,000 as of January 2026, a 77.3% decrease from $677,875 the prior year.
Homes in WAVELAND, IN 47989 spend an average of 45 days on the market before going under contract, compared to 178 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WAVELAND, IN 47989 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 178 days last year.
With SELL123.com's maximum 3% commission, sellers in WAVELAND, IN 47989 save an estimated $3,080 compared to a typical 5% commission on the median listing price of $154,000. 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.