Is New Waverly, IN 46961 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Waverly 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The New Waverly housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Cass County, IN

Population	101
Median income	$110,400
Average income	$90,386
Owner-occupied	100% of homes
Median year built	1965
Walkability	3.9 of 20Least walkable

Natural hazard riskExtreme heat (moderate), tornadoes (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 46961; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 46961

Prefilled for 46961Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46961Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Galveston 46932Seller’s market $128 /sq ft Logansport 46947Balanced $113 /sq ft Lucerne 46950Seller’s market $133 /sq ft Royal Center 46978Seller’s market $119 /sq ft Browse all markets →

Where New Waverly is

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Questions about New Waverly real estate

What are property taxes in New Waverly?

About 0.68% of a home’s value a year in Cass County, or roughly $2,720 on a $400,000 home.

Local agents

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More tools for 46961

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Cass County property taxes Cass County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology