Is Mongo, IN 46771 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mongo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list110.3%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$67

The Mongo housing market right now

In the three months ending August 31, 2026, 100% of homes in Mongo, IN 46771 sold above their list price and the typical home went under contract in 5 days. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $99,257, or about $67 per square foot.

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

Nearby, buyers who want less competition could look at Topeka 46571 (0% sold over asking) or Wolcottville 46795 (11% sold over asking).

Nearby markets

Howe 46746Balanced $187 /sq ftLagrange 46761Seller’s market $153 /sq ftShipshewana 46565Seller’s market $169 /sq ftTopeka 46571Seller’s market $135 /sq ft Browse all markets →

Where Mongo is

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Questions about Mongo real estate

How fast do homes sell in Mongo?

The typical home went under contract in 5 days in the latest three months.

Do homes in Mongo sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 110.3% of the list price.

What are property taxes in Mongo?

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 Mongo?

The median sale price was $99,257 in the three months ending August 31, 2026, about $67 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