Is Mexico, IN 46958 a buyer’s or seller’s market?
Mexico is a seller’s market. With about 1.6 months of supply and 50% 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 Mexico housing market right now
In the three months ending August 31, 2026, 50% of homes in Mexico, IN 46958 sold above their list price, the typical home went under contract in 40 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (93 days then) and the median sale price fell 29% to $132,443. Overall, Mexico is more competitive than a year ago, so tougher for buyers.
Within Miami County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Bunker Hill 46914 (0% sold over asking) or Amboy 46911 (0% sold over asking).
Run the numbers for 46958
Nearby markets
Amboy 46911Seller’s market $135 /sq ftBunker Hill 46914Seller’s market $145 /sq ftDenver 46926Seller’s market $146 /sq ftMacy 46951Balanced $134 /sq ft Browse all markets →Where Mexico is
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Questions about Mexico real estate
Is Mexico a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Mexico, IN 46958 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 Mexico?
The typical home went under contract in 40 days in the latest three months.
Do homes in Mexico sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Mexico?
About 0.60% of a home’s value a year in Miami County, or roughly $2,400 on a $400,000 home.
What is the median home price in Mexico?
The median sale price was $132,443 in the three months ending August 31, 2026, about $93 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