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Featured local agent — Wheatfield, IN
Sarah Mitchell
Compass Real Estate · Wheatfield, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wheatfield, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$292,450median sale price
How is the Wheatfield, IN housing market right now?
The median home sale price in Wheatfield, IN is $292,450. Homes sell in an average of 127 days with 2 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 Wheatfield a buyer's or seller's market?
Wheatfield, IN is currently a seller's market, based on 1.0 months of supply and homes selling in about 127 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
127
Average pace
Active listings
2
1.0 months supply
Sale-to-list
102.7%
Above asking
What does the Wheatfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $292,450 |
| Median list price | $360,000 |
| Average days on market | 127 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $211/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wheatfield by property type?
How the Wheatfield, 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 | $292,450 | $211/sq ft | 2 | 127 days |
| Townhouse | $240,000 | $171/sq ft | 2 | — |
Source: Redfin · Updated monthly
The Wheatfield housing market is currently classified as a seller's market with a median sale price of $292,450. Prices have fallen 0.0% compared to last year, with homes spending an average of 127 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 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Wheatfield
There are currently 2 homes listed for sale in Wheatfield, Indiana. The median listing price is $360K.
Active listings
2
Homes on market
Median list price
$360K
Avg. days on market
127
Days until sale
New this week
1
Newly listed
Who lives in Wheatfield?
Population
841
Median income
$80,625/yr
Median age
32.4 years
Owner-occupied
80.9%
College grads
13.2%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Wheatfield?
Zillow home value
$341,885
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Wheatfield?
Wheatfield is a community of approximately 1K residents with a median age of 32.4 years.The median household income is $80,625, which reflects a relatively affluent area with strong earning potential. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wheatfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wheatfield?
4 schools tracked · 2,547 students
The largest public schools serving Wheatfield, 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.
Kankakee Valley High School
Grades 9-12 · 995 students
Kankakee Valley Middle School
Grades 6-8 · 746 students
Kankakee Valley Intermediate Sch
Grades 4-5 · 467 students
Wheatfield Elementary School
Grades K-3 · 339 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 Wheatfield, IN?
Want a head-to-head view? Compare Wheatfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wheatfield?
The median home sale price in Wheatfield is $292,450, down 0.0% from last year.
How long do homes stay on market in Wheatfield?
Homes typically spend 127 days on market before going under contract.
What is the median income in Wheatfield?
The median household income is $80,625 per year.
Is Wheatfield a buyer's or seller's market?
With 1.0 months of supply, Wheatfield is currently a seller's market.
What is the Zillow home value estimate for Wheatfield?
The Zillow Home Value Index (ZHVI) for Wheatfield is $341,885, representing the typical home value in the area.
How much does a single-family home cost in Wheatfield?
The median single-family home price in Wheatfield, IN is $292,450 (about $211 per square foot).
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