Is Montezuma, IN 47862 a buyer’s or seller’s market?
Montezuma is a seller’s market. With about 1.3 months of supply and 40% 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 supply1.3Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$86▼ −47.7% vs. last year
Run the numbers for 47862
Nearby markets
Bloomingdale 47832Balanced $134 /sq ftCarbon 47837Seller’s market $327 /sq ftMarshall 47859Seller’s market $132 /sq ftMecca 47860 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology