Is Laotto, IN 46763 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Laotto is a seller’s market. With about 1.3 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.

Months of supply1.3Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market4Listing to accepted offer
Median price per sq ft$155▲ +22.6% vs. last year

The Laotto housing market right now

In the three months ending August 31, 2026, 20% of homes in Laotto, IN 46763 sold above their list price, the typical home went under contract in 4 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (1 days then) and the median sale price rose 70% to $314,864. Overall, Laotto is more competitive than a year ago, so tougher for buyers.

Within Noble County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 63%.

Nearby, buyers who want less competition could look at Rome City 46784 (7% sold over asking) or Kendallville 46755 (14% sold over asking), while Ligonier 46767 (43% sold over asking) and Kimmell 46760 (25% sold over asking) are even more competitive.

Nearby markets

Albion 46701Seller’s market $146 /sq ftAvilla 46710Seller’s market $151 /sq ftCromwell 46732Seller’s market $166 /sq ftKendallville 46755Seller’s market $152 /sq ft Browse all markets →

Where Laotto is

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Questions about Laotto real estate

Is Laotto a buyer’s or seller’s market?

A seller’s market: there were 1.3 months of supply in Laotto, IN 46763 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 Laotto?

The typical home went under contract in 4 days in the latest three months.

Do homes in Laotto sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.

What are property taxes in Laotto?

About 0.67% of a home’s value a year in Noble County, or roughly $2,680 on a $400,000 home.

What is the median home price in Laotto?

The median sale price was $314,864 in the three months ending August 31, 2026, about $155 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