Is Pendleton, IN 46064 a buyer’s or seller’s market?

The Pendleton housing market right now

In the three months ending August 31, 2026, 9% of homes in Pendleton, IN 46064 sold above their list price, the typical home went under contract in 34 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold more slowly (22 days then) and the median sale price rose 1% to $337,604. Overall, Pendleton is less competitive than a year ago, which gives buyers more room.

Within Madison County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Pendleton ranks #200 of 306 IN ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Summitville 46070 (0% sold over asking) or Orestes 46063 (0% sold over asking), while Frankton 46044 (50% sold over asking) and Anderson 46011 (32% sold over asking) are even more competitive.