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Featured local agent — Royal Center, IN
Sarah Mitchell
Compass Real Estate · Royal Center, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Royal Center, IN Housing Market
The typical home in Royal Center, IN is worth $203,082, rose 6.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $139,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 249 days, Royal Center is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $203,082 home is about $1,084/mo in principal and interest.
Key numbers for Royal Center, IN
Typical home value
$203,082
+6.3% in 12 months
Zillow, August 2026
Median sale price
$139,000
Last published period
Redfin, through April 2026
Days on market
249
Slow-moving
Redfin, through April 2026
Active listings
1
1.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$47,422
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
103.0%
Selling above asking
Redfin, through April 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Royal Center a buyer's or seller's market?
Royal Center, IN is a seller's market, based on 1.0 months of supply and homes selling in about 249 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Royal Center housing market data show?
Every row below is Redfin's final published month for Royal Center, IN. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $139,000 |
| Median price per sq ft | $87/sq ft |
| Median days on market | 249 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 103.0% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Royal Center is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Royal Center is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Royal Center home prices moved?
Across the 35 months we hold for Royal Center, IN, the median sale price rose 85.3%, from $75,000 in April 2021 to $139,000. The live Zillow value series has rose 6.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 100.0% of Royal Center listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 103.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Royal Center?
Priced off the typical home value of $203,082 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $40,616 | $162,465 | $1,084/mo |
| 5% | $10,154 | $192,928 | $1,287/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,084, that implies roughly $46,464 a year before you add taxes and insurance. The median household in Royal Center earns $47,422, about $958 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Royal Center in the next 12 months?
Tell us your timeline. We send the Royal Center market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Royal Center?
Zillow does not publish a rent index (ZORI) for Royal Center, IN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Royal Center?
Active listings in Royal Center, IN went from 1 in July 2023 to 1 in April 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| August 2023 | 3 | 2 |
| September 2023 | 1 | 3 |
| October 2023 | 2 | 1 |
| December 2023 | 1 | 1 |
| June 2024 | 1 | 2 |
| July 2024 | 1 | 1 |
| August 2024 | 2 | 1 |
| September 2024 | 1 | not published |
| June 2025 | 1 | 1 |
| July 2025 | 2 | 3 |
| March 2026 | 3 | 1 |
| April 2026 | 1 | not published |
Redfin, through April 2026
How does Royal Center compare to Indiana and the U.S.?
Royal Center homes sell for $139,000 — 52% below the Indiana median of $287,300. Against the national median of $410,700, Royal Center runs 66% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Royal Center, IN | $139,000 | not published | 249 days |
| Indiana statewide | $287,300 | +4.2% | 26 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Royal Center
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $203 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $203,082 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Royal Center listing goes under contract in 249 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 103.0% of asking. Price at the number you want and let competition do the rest.
- Your equity moved +6.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Royal Center varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Royal Center
There are currently 1 homes listed for sale in Royal Center, Indiana.
Active listings
1
Homes on market
Avg. days on market
249
Days until sale
How much do homes cost in Royal Center by property type?
How the Royal Center, IN market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $139,000 | $87/sq ft | 1 | 249 days |
Who lives in Royal Center?
American Community Survey estimates for Royal Center. U.S. Census ACS, 2023
Population
747
Households
354
Median income
$47,422/yr
Median age
41.6 years
Owner-occupied
65.8%
Median home value
$84,100
Median gross rent
$817/mo
Mean commute
25.9 min
65.8% of occupied homes in Royal Center are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $84,100 against Zillow's $203,082 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Royal Center?
2 schools tracked · 916 students
The largest public schools serving Royal Center, 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.
Pioneer Elementary School
Grades PK-6 · 484 students
Pioneer Jr-Sr High School
Grades 6-12 · 432 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 Royal Center, IN?
Ordered by distance from Royal Center, not by size. Compare Royal Center side by side with any of them.
Royal Center housing market FAQ
Is Royal Center a buyer's or seller's market?
Royal Center, IN is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 249 days, and sellers getting 103.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Royal Center?
The typical home in Royal Center, IN is worth $203,082 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $139,000, about $87 per square foot.
Is Royal Center cheaper than the rest of Indiana?
Royal Center's median sale price of $139,000 is 52% lower than the Indiana statewide median of $287,300, and 66% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Royal Center?
Homes in Royal Center, IN spent a median of 249 days on market before going under contract, versus 26 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Royal Center?
At the current 30-year fixed rate of 7.03%, 20% down on a $203,082 home is about $1,084 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $46,464 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $47,422.
Are home prices rising in Royal Center?
The typical home value in Royal Center, IN rose 6.3% over the last 12 months, from $191,007 to $203,082 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Royal Center?
Royal Center ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Royal Center?
That depends on your timeline, not on a headline. What the data says today: Royal Center, IN is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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