Is La Fontaine, IN 46940 a buyer’s or seller’s market?
La Fontaine is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The La Fontaine housing market right now
In the three months ending August 31, 2026, 0% of homes in La Fontaine, IN 46940 sold above their list price, the typical home went under contract in 39 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 25%, homes sold more slowly (36 days then) and the median sale price rose 17% to $301,869. Overall, La Fontaine is less competitive than a year ago, which gives buyers more room.
Within Wabash County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Laketon 46943 (67% sold over asking) and Wabash 46992 (14% sold over asking) are even more competitive.
Run the numbers for 46940
Nearby markets
Lagro 46941Seller’s market $72 /sq ftLaketon 46943Seller’s market $106 /sq ftNorth Manchester 46962Seller’s market $135 /sq ftRoann 46974Seller’s market $139 /sq ft Browse all markets →Towns like La Fontaine nearby
Find towns like La Fontaine in other states →Where La Fontaine is
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Questions about La Fontaine real estate
Is La Fontaine a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in La Fontaine, IN 46940 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 La Fontaine?
The typical home went under contract in 39 days in the latest three months.
Do homes in La Fontaine sell over asking?
0% 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 La Fontaine?
About 0.52% of a home’s value a year in Wabash County, or roughly $2,080 on a $400,000 home.
What is the median home price in La Fontaine?
The median sale price was $301,869 in the three months ending August 31, 2026, about $127 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