Is Valparaiso, IN 46383 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Valparaiso is a seller’s market. With about 2.2 months of supply and 23% 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.

Competition score59/ 100

More competitive than 60% of U.S. ZIP codes, and #110 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.2Under 4 months = seller’s market
Sold above original list23%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$179▲ +3.4% vs. last year

The Valparaiso housing market right now

In the three months ending August 31, 2026, 23% of homes in Valparaiso, IN 46383 sold above their list price, the typical home went under contract in 27 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 156 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (31 days then) and the median sale price rose 14% to $369,740. Overall, Valparaiso is about as competitive as it was a year ago.

Within Porter County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Valparaiso ranks #110 of 306 IN ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at Boone Grove 46302 (0% sold over asking) or Hebron 46341 (20% sold over asking), while Portage 46368 (33% sold over asking) and Chesterton 46304 (25% sold over asking) are even more competitive.

Nearby markets

Boone Grove 46302 $119 /sq ftChesterton 46304Seller’s market $172 /sq ftHebron 46341Seller’s market $189 /sq ftKouts 46347Seller’s market $173 /sq ft Browse all markets →

Where Valparaiso is

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Questions about Valparaiso real estate

Is Valparaiso a buyer’s or seller’s market?

A seller’s market: there were 2.2 months of supply in Valparaiso, IN 46383 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Valparaiso?

The typical home went under contract in 27 days in the latest three months.

Do homes in Valparaiso sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Valparaiso?

About 0.83% of a home’s value a year in Porter County, or roughly $3,320 on a $400,000 home.

What is the median home price in Valparaiso?

The median sale price was $369,740 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology