Is Laketon, IN 46943 a buyer’s or seller’s market?
Laketon is a seller’s market. With about 1.1 months of supply and 67% 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.
The Laketon housing market right now
In the three months ending August 31, 2026, 67% of homes in Laketon, IN 46943 sold above their list price, the typical home went under contract in 23 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 about as fast and the median sale price rose 24% to $122,947. Overall, Laketon is more competitive than a year ago, so tougher for buyers.
Within Wabash County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Urbana 46990 (0% sold over asking) or Roann 46974 (0% sold over asking).
Run the numbers for 46943
Nearby markets
La Fontaine 46940Balanced $127 /sq ftLagro 46941Seller’s market $72 /sq ftNorth Manchester 46962Seller’s market $135 /sq ftRoann 46974Seller’s market $139 /sq ft Browse all markets →Where Laketon is
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Questions about Laketon real estate
Is Laketon a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Laketon, IN 46943 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 Laketon?
The typical home went under contract in 23 days in the latest three months.
Do homes in Laketon sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Laketon?
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 Laketon?
The median sale price was $122,947 in the three months ending August 31, 2026, about $106 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