Is Pierceton, IN 46562 a buyer’s or seller’s market?

The Pierceton housing market right now

In the three months ending August 31, 2026, 17% of homes in Pierceton, IN 46562 sold above their list price, the typical home went under contract in 31 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (60 days then) and the median sale price fell 19% to $182,421. Overall, Pierceton is more competitive than a year ago, so tougher for buyers.

Within Kosciusko County, homes here sell faster than in 91% of the county’s ZIP codes, and sell less often over asking than in 55%.

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.