Is Mentone, IN 46539 a buyer’s or seller’s market?

The Mentone housing market right now

In the three months ending August 31, 2026, 13% of homes in Mentone, IN 46539 sold above their list price, the typical home went under contract in 34 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 38%, homes sold faster (42 days then) and the median sale price rose 4% to $196,415. Overall, Mentone is less competitive than a year ago, which gives buyers more room.

Within Kosciusko County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in 73%.

Nearby, buyers who want less competition could look at North Webster 46555 (0% sold over asking) or Milford 46542 (8% sold over asking), while Etna Green 46524 (50% sold over asking) and Warsaw 46580 (27% sold over asking) are even more competitive.