Is Lake Village, IN 46349 a buyer’s or seller’s market?

The Lake Village housing market right now

In the three months ending August 31, 2026, 13% of homes in Lake Village, IN 46349 sold above their list price, the typical home went under contract in 32 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (27 days then) and the median sale price rose 34% to $350,598. Overall, Lake Village is less competitive than a year ago, which gives buyers more room.

Within Newton County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Thayer 46381 (0% sold over asking) or Sumava Resorts 46379 (0% sold over asking), while Brook 47922 (33% sold over asking) and Goodland 47948 (20% sold over asking) are even more competitive.