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Featured local agent — Garrett, IN
Sarah Mitchell
Compass Real Estate · Garrett, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Garrett, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$222,500median sale price
How is the Garrett, IN housing market right now?
The median home sale price in Garrett, IN is $222,500, up 15.6% year-over-year. Homes sell in an average of 21 days with 6 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Garrett a buyer's or seller's market?
Garrett, IN is currently a seller's market, based on 0.5 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
21
Average pace
Active listings
6
0.5 months supply
Sale-to-list
99.8%
Below asking
What does the Garrett housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $222,500 |
| Median list price | $204,900 |
| Year-over-year price change | +15.6% |
| Average days on market | 21 days |
| Active inventory | 6 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 4 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Garrett by property type?
How the Garrett, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $222,500 | $159/sq ft | 12 | 21 days |
Source: Redfin · Updated monthly
The Garrett housing market is currently classified as a seller's market with a median sale price of $222,500. Prices have risen 15.6% compared to last year, with homes spending an average of 21 days on market, indicating 0.5 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 3.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Garrett
There are currently 6 homes listed for sale in Garrett, Indiana. The median listing price is $205K.
Active listings
6
Homes on market
Median list price
$205K
Avg. days on market
21
Days until sale
New this week
4
Newly listed
Who lives in Garrett?
Population
6,540
Median income
$65,611/yr
Median age
38.2 years
Owner-occupied
82.7%
College grads
16.9%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Garrett?
Zillow home value
$196,638
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Garrett?
Garrett is a community of approximately 7K residents with a median age of 38.2 years.The median household income is $65,611, which represents a working-class community with solid middle-income opportunities. 16.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Garrett offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Garrett?
3 schools tracked · 1,657 students
The largest public schools serving Garrett, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
J E Ober Elementary School
Grades K-5 · 712 students
Garrett High School
Grades 9-12 · 558 students
Garrett Middle School
Grades 6-8 · 387 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Garrett, IN?
Want a head-to-head view? Compare Garrett side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Garrett?
The median home sale price in Garrett is $222,500, up 15.6% from last year.
How long do homes stay on market in Garrett?
Homes typically spend 21 days on market before going under contract.
What is the median income in Garrett?
The median household income is $65,611 per year.
Is Garrett a buyer's or seller's market?
With 0.5 months of supply, Garrett is currently a seller's market.
What is the Zillow home value estimate for Garrett?
The Zillow Home Value Index (ZHVI) for Garrett is $196,638, representing the typical home value in the area.
How much does a single-family home cost in Garrett?
The median single-family home price in Garrett, IN is $222,500 (about $159 per square foot).
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