Is Mentone, IN 46539 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mentone is a seller’s market. With about 2.4 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list12.5%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market34Listing to accepted offer

Median price per sq ft$163▲ +46.4% vs. last year

Run the numbers for 46539

Prefilled for 46539Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46539Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Burket 46508 — /sq ft Claypool 46510Seller’s market $177 /sq ft Etna Green 46524Balanced $89 /sq ft Leesburg 46538Seller’s market $234 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology