Mitchell, IN
Housing market overview · Updated weekly
$187,500median sale price
Homes sold
6
Last 12 weeks
Days on market
61
Average pace
Active listings
26
4.3 months supply
Sale-to-list
95.0%
Below asking
The Mitchell housing market is currently classified as a buyer's market with a median sale price of $187,500. Prices have fallen 14.0% compared to last year, with homes spending an average of 61 days on market, indicating 4.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mitchell
There are currently 26 homes listed for sale in Mitchell, Indiana. The median listing price is $199K.
Active listings
26
Homes on market
Median list price
$199K
Avg. days on market
61
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Mitchell?
The median home sale price in Mitchell is $187,500, down 14.0% from last year.
How long do homes stay on market in Mitchell?
Homes typically spend 61 days on market before going under contract.
Is Mitchell a buyer's or seller's market?
With 4.3 months of supply, Mitchell is currently a buyer's market.
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