Is Converse, IN 46919 a buyer’s or seller’s market?

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

Converse is a seller’s market. With about 3.2 months of supply and 0% 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 supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$153▲ +18.9% vs. last year

The Converse housing market right now

In the three months ending August 31, 2026, 0% of homes in Converse, IN 46919 sold above their list price, the typical home went under contract in 40 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (34 days then) and the median sale price rose 13% to $225,902. Overall, Converse is less competitive than a year ago, which gives buyers more room.

Within Grant County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Fowlerton 46930 (100% sold over asking) and Matthews 46957 (50% sold over asking) are even more competitive.

Nearby markets

Fairmount 46928Balanced $104 /sq ftFowlerton 46930 $121 /sq ftGas City 46933Balanced $125 /sq ftJonesboro 46938Balanced $74 /sq ft Browse all markets →

Where Converse is

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Questions about Converse real estate

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

A seller’s market: there were 3.2 months of supply in Converse, IN 46919 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 Converse?

The typical home went under contract in 40 days in the latest three months.

Do homes in Converse sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Converse?

About 0.72% of a home’s value a year in Grant County, or roughly $2,880 on a $400,000 home.

What is the median home price in Converse?

The median sale price was $225,902 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