Mitchell, IN Home Values & Market Trends

Real estate market trends reflect that there have been 206 transactions over the past year in Mitchell. The median value for residential home transactions that occurred over the previous year is $144,205.02. The number of current listings in Mitchell is 26, and the percentage of properties for sale in the city is 26.00%. Mitchell, IN currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 26 properties for sale.

Mitchell, IN Real Estate Market Overview

ZipMedian Est. Value
47446

$ 133,908

$ 98/sqft

Housing Market Summary for Mitchell, IN

Mar 2023February 2024Change
Median Listing Price$182K$115.6K-36.51%
Median Sold Price$153.5K$115.6K-24.72%
Homes For Sale1026160.00%
Homes Sold577022.81%
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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 $20,502 to $1,050,966. The median estimated value of a home in Mitchell is $144,205.02. The median list price of a home is 144,950, and the total count of properties in the city is 2,822.

Foreclosure
There is 1 zips within Mitchell, IN; within this zips, the median estimated home value for homes in foreclosure ranges from $367,697 in 47446 to the lowest value of $61,938 in 47446. Foreclosure homes account for 0.00% 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% of all residential properties in Mitchell, IN with $[pre-foreclosures-highest-count-region] containing 0 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 $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mitchell, 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 Mitchell, IN. There is 1 zips within Mitchell, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47446 has 4 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 0.14% 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 $367,697 in 47446 to the lowest value of $61,938 in 47446.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.92% of residential properties in Mitchell, IN with 47446 containing 26 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 $393,676 in 47446 to the lowest value of $22,900 in 47446.
    Sold Homes
    The median value for recently sold homes ranges from $322,459 in 47446 to the lowest price of $23,094 in 47446. There is 1 zips within Mitchell, IN. 47446 has 58 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.06% of properties in Mitchell, IN.

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      Guide for Mitchell, IN

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      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes Mitchell, IN

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