Mitchell, IN Home Values & Market Trends

Real estate market trends reflect that there have been 131 transactions over the past year in Mitchell. The median value for residential home transactions that occurred over the previous year is $178,306. The number of current listings in Mitchell is 134, and the percentage of properties for sale in the city is 134.00%. Mitchell, IN currently has 4 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 134 properties for sale.

Mitchell, IN Real Estate Market Overview

ZipMedian Est. Value
47446

$ 178,306

$ 147/sqft

Housing Market Summary for Mitchell, IN

Sep 2025September 2026Change
Median Listing Price$149K$159.9K7.32%
Median Sold Price$182.2K$137.2K-24.70%
Homes For Sale9913233.33%
Homes Sold4420-54.55%
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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%.

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Browse Homes in Mitchell, IN

Mitchell home values range from $15,000 to $550,000. The median estimated value of a home in Mitchell is $178,306. The median list price of a home is 159,900, and the total count of properties in the city is 158.

Foreclosure
There is 1 zips within Mitchell, IN; within this zips, the median estimated home value for homes in foreclosure ranges from $145,000 in 47446 to the lowest value of $59,900 in 47446. Foreclosure homes account for 2.00% of properties in Mitchell, IN with 47446 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.63% of all residential properties in Mitchell, IN with 47446 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mitchell, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $145,000 in 47446 to the lowest home value of $145,000 in 47446.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mitchell, IN ranges from the highest value of $84,900 in 47446 to the lowest value of $84,900 in 47446. Bank owned homes and properties account for 0.63% of properties in Mitchell, IN. There is 1 zips within Mitchell, IN; 47446 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47446 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Mitchell, IN. Auction homes and other auction properties account for 1.27% of all properties in Mitchell, IN. There is 1 zips within Mitchell, IN; of that zips, the median estimated home value for homes going to auction ranges from $69,902 in 47446 to the lowest value of $59,900 in 47446.
Homes for Sale
Homes and properties that are actively listed for sale account for 84.81% of residential properties in Mitchell, IN with 47446 containing 134 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mitchell, IN; homes for sale in that zips, have a range of median values from $550,000 in 47446 to the lowest value of $15,000 in 47446.
    Sold Homes
    The median value for recently sold homes ranges from $447,666 in 47446 to the lowest price of $36,411 in 47446. There is 1 zips within Mitchell, IN. 47446 has 16 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 10.13% of properties in Mitchell, IN.

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      Guide for Mitchell, IN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.