Is Churubusco, IN 46723 a buyer’s or seller’s market?
Churubusco is a seller’s market. With about 1.4 months of supply and 20% 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 59% of U.S. ZIP codes, and #118 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 Churubusco housing market right now
In the three months ending August 31, 2026, 20% of homes in Churubusco, IN 46723 sold above their list price, the typical home went under contract in 29 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (17 days then) and the median sale price rose 7% to $324,859. Overall, Churubusco is more competitive than a year ago, so tougher for buyers.
On our competition score, Churubusco ranks #118 of 306 IN ZIP codes with enough sales (score 58 out of 100).
Nearby, buyers who want less competition could look at Larwill 46764 (0% sold over asking) or South Whitley 46787 (17% sold over asking).
Run the numbers for 46723
Nearby markets
Columbia City 46725Seller’s market $173 /sq ftLarwill 46764Seller’s market $56 /sq ftSouth Whitley 46787Seller’s market $126 /sq ft Browse all markets →Towns like Churubusco nearby
Find towns like Churubusco in other states →Where Churubusco is
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Questions about Churubusco real estate
Is Churubusco a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Churubusco, IN 46723 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 Churubusco?
The typical home went under contract in 29 days in the latest three months.
Do homes in Churubusco sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Churubusco?
About 0.70% of a home’s value a year in Whitley County, or roughly $2,800 on a $400,000 home.
What is the median home price in Churubusco?
The median sale price was $324,859 in the three months ending August 31, 2026, about $167 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