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Featured local agent — Mishawaka, IN
Sarah Mitchell
Compass Real Estate · Mishawaka, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mishawaka, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$245,000median sale price
How is the Mishawaka, IN housing market right now?
The median home sale price in Mishawaka, IN is $245,000, up 30.3% year-over-year. Homes sell in an average of 24 days with 51 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 Mishawaka a buyer's or seller's market?
Mishawaka, IN is currently a seller's market, based on 0.8 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
63
Last 12 weeks
Days on market
24
Average pace
Active listings
51
0.8 months supply
Sale-to-list
99.8%
Below asking
What does the Mishawaka housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $245,000 |
| Median list price | $210,000 |
| Year-over-year price change | +30.3% |
| Average days on market | 24 days |
| Active inventory | 51 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 63 |
| New listings (latest month) | 45 |
| Listings with a price cut | 35.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mishawaka by property type?
How the Mishawaka, 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 | $235,500 | $147/sq ft | 56 | 30 days |
| Condo / Co-op | $357,000 | $172/sq ft | 7 | 5 days |
Source: Redfin · Updated monthly
The Mishawaka housing market is currently classified as a seller's market with a median sale price of $245,000. Prices have risen 30.3% compared to last year, with homes spending an average of 24 days on market, indicating 0.8 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Mishawaka
There are currently 51 homes listed for sale in Mishawaka, Indiana. The median listing price is $210K.
Active listings
51
Homes on market
Median list price
$210K
Avg. days on market
24
Days until sale
New this week
45
Newly listed
Who lives in Mishawaka?
Population
50,907
Median income
$53,120/yr
Median age
35.6 years
Owner-occupied
49.4%
College grads
27.9%
Avg commute
22 min
Source: U.S. Census Bureau ACS
What are homes worth in Mishawaka?
Zillow home value
$217,102
Zillow rent index
$1,285/mo
Price-to-rent ratio
14.1x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Mishawaka?
Mishawaka is a community of approximately 51K residents with a median age of 35.6 years.The median household income is $53,120, which represents a working-class community with solid middle-income opportunities. 27.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.4%, showing a blend of owner and renter-occupied properties. The average commute time is 22 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mishawaka offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mishawaka?
18 schools tracked · 12,866 students
The largest public schools serving Mishawaka, 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.
Penn High School
Grades 9-12 · 3,847 students
Mishawaka High School
Grades 9-12 · 1,437 students
Schmucker Middle School
Grades 6-8 · 995 students
John J Young Middle School
Grades 7-8 · 738 students
Virgil I Grissom Middle School
Grades 6-8 · 648 students
Walt Disney Elementary School
Grades K-5 · 521 students
Bittersweet Elementary School
Grades PK-5 · 515 students
Elm Road Elementary School
Grades PK-5 · 515 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 Mishawaka, IN?
Want a head-to-head view? Compare Mishawaka side-by-side with any other U.S. city using our market-comparison tool.
Is Mishawaka a good real estate investment market?
For investors evaluating Mishawaka, the price-to-rent ratio of 14.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 30.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Mishawaka's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Mishawaka's median home price.
Frequently asked questions
What is the average home price in Mishawaka?
The median home sale price in Mishawaka is $245,000, up 30.3% from last year.
How long do homes stay on market in Mishawaka?
Homes typically spend 24 days on market before going under contract.
What is the median income in Mishawaka?
The median household income is $53,120 per year.
Is Mishawaka a buyer's or seller's market?
With 0.8 months of supply, Mishawaka is currently a seller's market.
What is the Zillow home value estimate for Mishawaka?
The Zillow Home Value Index (ZHVI) for Mishawaka is $217,102, representing the typical home value in the area.
What is the median condo price in Mishawaka?
The median condo/co-op sale price in Mishawaka, IN is $357,000, compared to $235,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mishawaka?
The median single-family home price in Mishawaka, IN is $235,500 (about $147 per square foot).
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