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Featured local agent — Wakarusa, IN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Wakarusa, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Wakarusa, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Wakarusa, IN Housing Market & Real Estate

Seller's market-23.0% YoY

Housing market overview · Updated monthly ·

$172,500median sale price

How is the Wakarusa, IN housing market right now?

The median home sale price in Wakarusa, IN is $172,500, down 23.0% year-over-year. Homes sell in an average of 26 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Wakarusa a buyer's or seller's market?

Seller's market1.0 months of supply26 avg. days on market

Wakarusa, IN is currently a seller's market, based on 1.0 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

26

Average pace

Active listings

1

1.0 months supply

Sale-to-list

95.9%

Below asking

What does the Wakarusa housing market data show?

Current housing market statistics for Wakarusa, IN
MetricValue
Median sale price$172,500
Year-over-year price change-23.0%
Average days on market26 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio95.9%
Median price per sq ft$133/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Wakarusa by property type?

How the Wakarusa, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Wakarusa, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$172,500$133/sq ft126 days
Condo / Co-op$342,051$262/sq ft192 days

Source: Redfin · Updated monthly

The Wakarusa housing market is currently classified as a seller's market with a median sale price of $172,500. Prices have fallen 23.0% compared to last year, with homes spending an average of 26 days on market, indicating 1.0 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 4.3x provides context for how home values compare to local earning capacity.

Homes for sale in Wakarusa

There are currently 1 homes listed for sale in Wakarusa, Indiana.

Active listings

1

Homes on market

Avg. days on market

26

Days until sale

Sale-to-list:95.9%

Who lives in Wakarusa?

Population

2,519

Median income

$76,008/yr

Median age

37.2 years

Owner-occupied

87.5%

College grads

26.2%

Avg commute

29.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Wakarusa?

Zillow home value

$323,685

Price-to-income

4.3x

Source: Zillow Research

What is it like to live in Wakarusa?

Wakarusa is a community of approximately 3K residents with a median age of 37.2 years.The median household income is $76,008, which reflects a relatively affluent area with strong earning potential. 26.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 87.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wakarusa offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Wakarusa?

3 schools tracked · 1,346 students

The largest public schools serving Wakarusa, 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.

North Wood Middle School

Grades 6-8 · 657 students

Public

Wakarusa Elementary School

Grades K-5 · 557 students

Public

Madison Elementary School

Grades K-5 · 132 students

Public

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 Wakarusa, IN?

Want a head-to-head view? Compare Wakarusa side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Wakarusa?

The median home sale price in Wakarusa is $172,500, down 23.0% from last year.

How long do homes stay on market in Wakarusa?

Homes typically spend 26 days on market before going under contract.

What is the median income in Wakarusa?

The median household income is $76,008 per year.

Is Wakarusa a buyer's or seller's market?

With 1.0 months of supply, Wakarusa is currently a seller's market.

What is the Zillow home value estimate for Wakarusa?

The Zillow Home Value Index (ZHVI) for Wakarusa is $323,685, representing the typical home value in the area.

What is the median condo price in Wakarusa?

The median condo/co-op sale price in Wakarusa, IN is $342,051, compared to $172,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Wakarusa?

The median single-family home price in Wakarusa, IN is $172,500 (about $133 per square foot).

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