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Sarah Mitchell

CNESRESABR

Compass Real Estate · Medora, IN

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

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

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Medora, IN Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$65,500median sale price

How is the Medora, IN housing market right now?

The median home sale price in Medora, IN is $65,500. Homes sell in an average of 139 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Buyer's market139 avg. days on market

Medora, IN is currently a buyer's market and homes selling in about 139 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

139

Average pace

Active listings

Sale-to-list

86.8%

Below asking

What does the Medora housing market data show?

Current housing market statistics for Medora, IN
MetricValue
Median sale price$65,500
Median list price$35,000
Average days on market139 days
Sale-to-list price ratio86.8%
Median price per sq ft$48/sq ft
Homes sold (latest month)2
New listings (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Medora by property type?

How the Medora, 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 Medora, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$65,500$48/sq ft2139 days

Source: Redfin · Updated monthly

The Medora housing market is currently classified as a buyer's market with a median sale price of $65,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 139 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Medora

Explore homes currently listed for sale in Medora, Indiana across major real estate platforms.

Sale-to-list:86.8%

Who lives in Medora?

Population

993

Median income

$60,625/yr

Median age

28.4 years

Owner-occupied

82.0%

College grads

6.4%

Avg commute

25.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Medora?

Zillow home value

$212,320

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Medora?

Medora is a community of approximately 1K residents with a median age of 28.4 years.The median household income is $60,625, which represents a working-class community with solid middle-income opportunities. 6.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 82.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Medora offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Medora?

2 schools tracked · 196 students

The largest public schools serving Medora, 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.

Medora STEM Academy

Grades PK-5 · 100 students

Public

Medora Jr & Sr High School

Grades 6-12 · 96 students

Public

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 Medora, IN?

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

Frequently asked questions

What is the average home price in Medora?

The median home sale price in Medora is $65,500, down 0.0% from last year.

How long do homes stay on market in Medora?

Homes typically spend 139 days on market before going under contract.

What is the median income in Medora?

The median household income is $60,625 per year.

What is the Zillow home value estimate for Medora?

The Zillow Home Value Index (ZHVI) for Medora is $212,320, representing the typical home value in the area.

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

The median single-family home price in Medora, IN is $65,500 (about $48 per square foot).

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