Is Lagrange, IN 46761 a buyer’s or seller’s market?
Lagrange is a seller’s market. With about 3.6 months of supply and 12% 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 27% of U.S. ZIP codes, and #275 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 Lagrange housing market right now
In the three months ending August 31, 2026, 12% of homes in Lagrange, IN 46761 sold above their list price, the typical home went under contract in 44 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (37 days then) and the median sale price fell 9% to $247,293. Overall, Lagrange is less competitive than a year ago, which gives buyers more room.
Within LaGrange County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Lagrange ranks #275 of 306 IN ZIP codes with enough sales (score 31 out of 100).
Nearby, buyers who want less competition could look at Topeka 46571 (0% sold over asking), while Mongo 46771 (100% sold over asking) and Shipshewana 46565 (56% sold over asking) are even more competitive.
Run the numbers for 46761
Nearby markets
Howe 46746Balanced $187 /sq ftMongo 46771 $67 /sq ftShipshewana 46565Seller’s market $169 /sq ftTopeka 46571Seller’s market $135 /sq ft Browse all markets →Towns like Lagrange nearby
Find towns like Lagrange in other states →Where Lagrange is
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Questions about Lagrange real estate
Is Lagrange a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Lagrange, IN 46761 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 Lagrange?
The typical home went under contract in 44 days in the latest three months.
Do homes in Lagrange sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Lagrange?
About 0.55% of a home’s value a year in LaGrange County, or roughly $2,200 on a $400,000 home.
What is the median home price in Lagrange?
The median sale price was $247,293 in the three months ending August 31, 2026, about $153 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