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Featured local agent — Advance, IN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Advance, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Advance, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Advance, IN Housing Market & Real Estate

Strong seller's market

Housing market overview · Updated monthly ·

$195,000median sale price

How is the Advance, IN housing market right now?

The median home sale price in Advance, IN is $195,000. Homes sell in an average of 9 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Advance a buyer's or seller's market?

Strong seller's market1.0 months of supply9 avg. days on market

Advance, IN is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 9 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

9

Fast-moving

Active listings

1

1.0 months supply

Sale-to-list

97.5%

Below asking

What does the Advance housing market data show?

Current housing market statistics for Advance, IN
MetricValue
Median sale price$195,000
Median list price$259,900
Average days on market9 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio97.5%
Median price per sq ft$82/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Advance by property type?

How the Advance, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Advance, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$195,000$82/sq ft19 days

Source: Redfin · Updated monthly

The Advance housing market is currently classified as a strong seller's market with a median sale price of $195,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.

Homes for sale in Advance

There are currently 1 homes listed for sale in Advance, Indiana. The median listing price is $260K.

4 bedroom house for sale at 307 E Wall St Advance - $269,900
$269,900

307 E Wall St

Advance, IN

4 bd2 ba2,160 sqft$125/ft²
House9,148 sqft lot
View photos & details

Looking to buy in Advance?

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Active listings

1

Homes on market

Median list price

$260K

Avg. days on market

9

Days until sale

New this week

1

Newly listed

Sale-to-list:97.5%

Who lives in Advance?

Population

418

Median income

$65,000/yr

Median age

47 years

Owner-occupied

83.5%

College grads

23.7%

Avg commute

29.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Advance?

Zillow home value

$217,249

Price-to-income

3.3x

Source: Zillow Research

What is it like to live in Advance?

Advance is a community of approximately 0K residents with a median age of 47 years.The median household income is $65,000, which represents a working-class community with solid middle-income opportunities. 23.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 83.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Advance offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Advance, IN?

Want a head-to-head view? Compare Advance side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Advance?

The median home sale price in Advance is $195,000, down 0.0% from last year.

How long do homes stay on market in Advance?

Homes typically spend 9 days on market before going under contract.

What is the median income in Advance?

The median household income is $65,000 per year.

Is Advance a buyer's or seller's market?

With 1.0 months of supply, Advance is currently a strong seller's market.

How many homes are for sale in Advance?

There are currently 1 homes listed for sale in Advance, IN.

What is the Zillow home value estimate for Advance?

The Zillow Home Value Index (ZHVI) for Advance is $217,249, representing the typical home value in the area.

How much does a single-family home cost in Advance?

The median single-family home price in Advance, IN is $195,000 (about $82 per square foot).

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