Nappanee, IN Home Values & Market Trends
Real estate market trends reflect that there have been 259 transactions over the past year in Nappanee. The median value for residential home transactions that occurred over the previous year is $222,770.99. The number of current listings in Nappanee is 19, and the percentage of properties for sale in the city is 19.00%. Nappanee, IN currently has 12 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 19 properties for sale.
Nappanee, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46550 | $ 205,000 $ 141/sqft |
Housing Market Summary for Nappanee, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $205.6K | 8.24% |
| Median Sold Price | $237.8K | $205.6K | -13.55% |
| Homes For Sale | 27 | 15 | -44.44% |
| Homes Sold | 96 | 116 | 20.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Nappanee, IN
Browse Homes in Nappanee, IN
Nappanee home values range from $29,844 to $4,735,812. The median estimated value of a home in Nappanee is $222,770.99. The median list price of a home is 205,000, and the total count of properties in the city is 3,174.
- Pre-ForeclosurePre-foreclosure homes account for 0.32% of all residential properties in Nappanee, IN with 46550 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Nappanee, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $334,250 in 46550 to the lowest home value of $131,810 in 46550.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Nappanee, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Nappanee, IN. There is 1 zips within Nappanee, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46550 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Nappanee, IN. Auction homes and other auction properties account for 0.06% of all properties in Nappanee, IN. There is 1 zips within Nappanee, IN; of that zips, the median estimated home value for homes going to auction ranges from $175,500 in 46550 to the lowest value of $157,561 in 46550.
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Guide for Nappanee, IN
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
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