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Featured local agent — Mentone, IN
Sarah Mitchell
Compass Real Estate · Mentone, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mentone, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$163,000median sale price
How is the Mentone, IN housing market right now?
The median home sale price in Mentone, IN is $163,000, down 20.1% year-over-year. Homes sell in an average of 25 days with 2 active listings. The market is currently a strong 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 Mentone a buyer's or seller's market?
Mentone, IN is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
25
Average pace
Active listings
2
2.0 months supply
Sale-to-list
103.2%
Above asking
What does the Mentone housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $163,000 |
| Median list price | $195,000 |
| Year-over-year price change | -20.1% |
| Average days on market | 25 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $173/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mentone by property type?
How the Mentone, 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 | $163,000 | $173/sq ft | 1 | 25 days |
Source: Redfin · Updated monthly
The Mentone housing market is currently classified as a strong seller's market with a median sale price of $163,000. Prices have fallen 20.1% compared to last year, with homes spending an average of 25 days on market, indicating 2.0 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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Mentone
There are currently 2 homes listed for sale in Mentone, Indiana. The median listing price is $195K.
Active listings
2
Homes on market
Median list price
$195K
Avg. days on market
25
Days until sale
New this week
3
Newly listed
Who lives in Mentone?
Population
793
Median income
$63,636/yr
Median age
41.9 years
Owner-occupied
71.4%
College grads
10.2%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Mentone?
Zillow home value
$214,892
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Mentone?
Mentone is a community of approximately 1K residents with a median age of 41.9 years.The median household income is $63,636, which represents a working-class community with solid middle-income opportunities. 10.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mentone offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mentone?
1 schools tracked · 411 students
The largest public schools serving Mentone, 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.
Mentone Elementary School
Grades PK-5 · 411 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 Mentone, IN?
Want a head-to-head view? Compare Mentone side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mentone?
The median home sale price in Mentone is $163,000, down 20.1% from last year.
How long do homes stay on market in Mentone?
Homes typically spend 25 days on market before going under contract.
What is the median income in Mentone?
The median household income is $63,636 per year.
Is Mentone a buyer's or seller's market?
With 2.0 months of supply, Mentone is currently a strong seller's market.
What is the Zillow home value estimate for Mentone?
The Zillow Home Value Index (ZHVI) for Mentone is $214,892, representing the typical home value in the area.
How much does a single-family home cost in Mentone?
The median single-family home price in Mentone, IN is $163,000 (about $173 per square foot).
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