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Featured local agent — Warsaw, IN
Sarah Mitchell
Compass Real Estate · Warsaw, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Warsaw, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$289,900median sale price
How is the Warsaw, IN housing market right now?
The median home sale price in Warsaw, IN is $289,900, up 25.5% year-over-year. Homes sell in an average of 48 days with 38 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 Warsaw a buyer's or seller's market?
Warsaw, IN is currently a seller's market, based on 2.2 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
48
Average pace
Active listings
38
2.2 months supply
Sale-to-list
98.3%
Below asking
What does the Warsaw housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $289,900 |
| Median list price | $316,500 |
| Year-over-year price change | +25.5% |
| Average days on market | 48 days |
| Active inventory | 38 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $157/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 16 |
| Listings with a price cut | 18.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Warsaw by property type?
How the Warsaw, 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 | $324,950 | $153/sq ft | 16 | 51 days |
| Condo / Co-op | $225,000 | $170/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Warsaw housing market is currently classified as a seller's market with a median sale price of $289,900. Prices have risen 25.5% compared to last year, with homes spending an average of 48 days on market, indicating 2.2 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 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Warsaw
There are currently 38 homes listed for sale in Warsaw, Indiana. The median listing price is $317K.
Active listings
38
Homes on market
Median list price
$317K
Avg. days on market
48
Days until sale
New this week
16
Newly listed
Who lives in Warsaw?
Population
16,592
Median income
$57,170/yr
Median age
34.2 years
Owner-occupied
48.8%
College grads
33.0%
Avg commute
16.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Warsaw?
Zillow home value
$282,782
Zillow rent index
$1,084/mo
Price-to-rent ratio
21.7x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Warsaw?
Warsaw is a community of approximately 17K residents with a median age of 34.2 years.The median household income is $57,170, which represents a working-class community with solid middle-income opportunities. 33.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 48.8%, showing a blend of owner and renter-occupied properties. The average commute time is 16.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Warsaw offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Warsaw?
8 schools tracked · 5,432 students
The largest public schools serving Warsaw, 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.
Warsaw Community High School
Grades 9-12 · 2,119 students
Lakeview Middle School
Grades 7-8 · 524 students
Washington Elementary School
Grades K-6 · 515 students
Edgewood Middle School
Grades 7-8 · 490 students
Lincoln Elementary School
Grades K-6 · 472 students
Eisenhower Elementary School
Grades K-6 · 469 students
Madison Elementary School
Grades K-6 · 435 students
Harrison Elementary School
Grades K-6 · 408 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 Warsaw, IN?
Want a head-to-head view? Compare Warsaw side-by-side with any other U.S. city using our market-comparison tool.
Is Warsaw a good real estate investment market?
For investors evaluating Warsaw, the price-to-rent ratio of 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 25.5% 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 Warsaw's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Warsaw's median home price.
Frequently asked questions
What is the average home price in Warsaw?
The median home sale price in Warsaw is $289,900, up 25.5% from last year.
How long do homes stay on market in Warsaw?
Homes typically spend 48 days on market before going under contract.
What is the median income in Warsaw?
The median household income is $57,170 per year.
Is Warsaw a buyer's or seller's market?
With 2.2 months of supply, Warsaw is currently a seller's market.
What is the Zillow home value estimate for Warsaw?
The Zillow Home Value Index (ZHVI) for Warsaw is $282,782, representing the typical home value in the area.
What is the median condo price in Warsaw?
The median condo/co-op sale price in Warsaw, IN is $225,000, compared to $324,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Warsaw?
The median single-family home price in Warsaw, IN is $324,950 (about $153 per square foot).
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