Data as of April 2026. Source: Realtor.com.
The WAVELAND, IN real estate market (47989) currently shows 5 active listings, with 3 pending sales. Homes are averaging 157 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 taking longer to sell, averaging 157 days on market compared to 43 days last year.
The median listing price has fallen 55.3% year-over-year, from $677,500 to $302,925.
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.
Population: 1,182 · Density: 11.4/mi² · Median household income: $97,391
Typical home value: $117,977 · Homeownership: 91.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47989 | Waveland, IN 47989 | 0.0 mi | 3 | $414,000 | $138,000 | $138,000 |
| 46175 | Russellville, IN 46175 | 6.3 mi | 1 | $225,000 | $225,000 | $225,000 |
| 47832 | Bloomingdale, IN 47832 | 10.7 mi | 2 | $2,730,000 | $1,365,000 | $1,365,000 |
| 47990 | Waynetown, IN 47990 | 11.9 mi | 3 | $531,699 | $169,100 | $177,233 |
| 47949 | Hillsboro, IN 47949 | 12.8 mi | 3 | $285,000 | $95,000 | $95,000 |
| 46172 | Roachdale, IN 46172 | 13.3 mi | 3 | $862,350 | $287,450 | $287,450 |
| 46105 | Bainbridge, IN 46105 | 15.3 mi | 1 | $261,000 | $261,000 | $261,000 |
| 47862 | Montezuma, IN 47862 | 17.5 mi | 4 | $572,932 | $129,900 | $143,233 |
| 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 |
| 47854 | Hillsdale, IN 47854 | 19.9 mi | 1 | $69,995 | $69,995 | $69,995 |
| 47967 | New Richmond, IN 47967 | 21.3 mi | 1 | $247,900 | $247,900 | $247,900 |
| 46165 | North Salem, IN 46165 | 21.7 mi | 4 | $1,621,932 | $329,000 | $405,483 |
As of April 2026, there are 5 active listings in WAVELAND, IN (zip code 47989), compared to 9 the prior year.
The median listing price in WAVELAND, IN 47989 is $302,925 as of April 2026, a 55.3% decrease from $677,500 the prior year.
Homes in WAVELAND, IN 47989 spend an average of 157 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of April 2026, WAVELAND, IN 47989 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 157 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in WAVELAND, IN 47989 save an estimated $6,059 compared to a typical 5% commission on the median listing price of $302,925. 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.