Is Thayer, IN 46381 a buyer’s or seller’s market?
Thayer is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Thayer housing market right now
In the three months ending August 31, 2026, 0% of homes in Thayer, IN 46381 sold above their list price and the typical home went under contract in 33 days. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (4 days then) and the median sale price rose 97% to $314,864. Overall, Thayer is less competitive than a year ago, which gives buyers more room.
Within Newton County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Brook 47922 (33% sold over asking) and Goodland 47948 (20% sold over asking) are even more competitive.
Run the numbers for 46381
Nearby markets
Brook 47922Balanced $111 /sq ftFair Oaks 47943 — /sq ftGoodland 47948Seller’s market $66 /sq ftKentland 47951Seller’s market $107 /sq ft Browse all markets →Where Thayer is
Loading map…
Questions about Thayer real estate
How fast do homes sell in Thayer?
The typical home went under contract in 33 days in the latest three months.
Do homes in Thayer sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Thayer?
About 0.77% of a home’s value a year in Newton County, or roughly $3,080 on a $400,000 home.
What is the median home price in Thayer?
The median sale price was $314,864 in the three months ending August 31, 2026, about $194 per square foot.
Local agents
See all agents in 46381 →No sponsored agents in 46381 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 46381
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology