Is Wheatfield, IN 46392 a buyer’s or seller’s market?
Wheatfield is a seller’s market. With about 3.8 months of supply and 10% 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.
More competitive than 42% of U.S. ZIP codes, and #214 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
The Wheatfield housing market right now
In the three months ending August 31, 2026, 10% of homes in Wheatfield, IN 46392 sold above their list price, the typical home went under contract in 14 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold faster (34 days then) and the median sale price rose 15% to $359,844. Overall, Wheatfield is more competitive than a year ago, so tougher for buyers.
On our competition score, Wheatfield ranks #214 of 306 IN ZIP codes with enough sales (score 42 out of 100).
Nearby, Remington 47977 (50% sold over asking) and Demotte 46310 (22% sold over asking) are even more competitive.
Run the numbers for 46392
Nearby markets
Demotte 46310Seller’s market $179 /sq ftRemington 47977Buyer’s market $87 /sq ftRensselaer 47978Seller’s market $154 /sq ft Browse all markets →Towns like Wheatfield nearby
Find towns like Wheatfield in other states →Where Wheatfield is
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Questions about Wheatfield real estate
Is Wheatfield a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Wheatfield, IN 46392 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 Wheatfield?
The typical home went under contract in 14 days in the latest three months.
Do homes in Wheatfield sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Wheatfield?
About 0.46% of a home’s value a year in Jasper County, or roughly $1,840 on a $400,000 home.
What is the median home price in Wheatfield?
The median sale price was $359,844 in the three months ending August 31, 2026, about $202 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