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Featured local agent — Wabash, IN
Sarah Mitchell
Compass Real Estate · Wabash, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wabash, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$203,000median sale price
How is the Wabash, IN housing market right now?
The median home sale price in Wabash, IN is $203,000, up 19.5% year-over-year. Homes sell in an average of 45 days with 24 active listings. The market is currently a balanced 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 Wabash a buyer's or seller's market?
Wabash, IN is currently a balanced market, based on 3.0 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
45
Average pace
Active listings
24
3.0 months supply
Sale-to-list
98.4%
Below asking
What does the Wabash housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $203,000 |
| Median list price | $175,000 |
| Year-over-year price change | +19.5% |
| Average days on market | 45 days |
| Active inventory | 24 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $110/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 15 |
| Listings with a price cut | 37.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wabash by property type?
How the Wabash, 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 | $203,000 | $110/sq ft | 8 | 45 days |
| Condo / Co-op | $240,000 | $153/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Wabash housing market is currently classified as a balanced market with a median sale price of $203,000. Prices have risen 19.5% compared to last year, with homes spending an average of 45 days on market, indicating 3.0 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 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Wabash
There are currently 24 homes listed for sale in Wabash, Indiana. The median listing price is $175K.
Active listings
24
Homes on market
Median list price
$175K
Avg. days on market
45
Days until sale
New this week
15
Newly listed
Who lives in Wabash?
Population
10,378
Median income
$54,199/yr
Median age
42.2 years
Owner-occupied
70.9%
College grads
21.9%
Avg commute
17.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Wabash?
Zillow home value
$190,054
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Wabash?
Wabash is a community of approximately 10K residents with a median age of 42.2 years.The median household income is $54,199, which represents a working-class community with solid middle-income opportunities. 21.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wabash offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wabash?
12 schools tracked · 3,818 students
The largest public schools serving Wabash, 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.
Wabash High School
Grades 9-12 · 492 students
Southwood Jr-Sr High School
Grades 6-12 · 457 students
Northfield Jr-Sr High School
Grades 7-12 · 437 students
Wabash Middle School
Grades 5-8 · 435 students
Southwood Elementary School
Grades PK-5 · 425 students
White's Jr-Sr High School
Grades 6-12 · 421 students
O J Neighbours Elementary School
Grades PK-4 · 384 students
Metro North Elementary School
Grades PK-2 · 291 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 Wabash, IN?
Want a head-to-head view? Compare Wabash side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wabash?
The median home sale price in Wabash is $203,000, up 19.5% from last year.
How long do homes stay on market in Wabash?
Homes typically spend 45 days on market before going under contract.
What is the median income in Wabash?
The median household income is $54,199 per year.
Is Wabash a buyer's or seller's market?
With 3.0 months of supply, Wabash is currently a balanced market.
What is the Zillow home value estimate for Wabash?
The Zillow Home Value Index (ZHVI) for Wabash is $190,054, representing the typical home value in the area.
What is the median condo price in Wabash?
The median condo/co-op sale price in Wabash, IN is $240,000, compared to $203,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wabash?
The median single-family home price in Wabash, IN is $203,000 (about $110 per square foot).
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