Is Royal Center, IN 46978 a buyer’s or seller’s market?
Royal Center is a seller’s market. With about 1.8 months of supply and 29% 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 Royal Center housing market right now
In the three months ending August 31, 2026, 29% of homes in Royal Center, IN 46978 sold above their list price, the typical home went under contract in 33 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 20%, homes sold more slowly (22 days then) and the median sale price rose 27% to $238,897. Overall, Royal Center is more competitive than a year ago, so tougher for buyers.
Within Cass County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Lucerne 46950 (0% sold over asking) or Galveston 46932 (15% sold over asking), while Twelve Mile 46988 (50% sold over asking) is even more competitive.
Run the numbers for 46978
Nearby markets
Galveston 46932Seller’s market $128 /sq ftLogansport 46947Balanced $113 /sq ftLucerne 46950Seller’s market $133 /sq ftNew Waverly 46961 — /sq ft Browse all markets →Towns like Royal Center nearby
Find towns like Royal Center in other states →Where Royal Center is
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Questions about Royal Center real estate
Is Royal Center a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Royal Center, IN 46978 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 Royal Center?
The typical home went under contract in 33 days in the latest three months.
Do homes in Royal Center sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Royal Center?
About 0.68% of a home’s value a year in Cass County, or roughly $2,720 on a $400,000 home.
What is the median home price in Royal Center?
The median sale price was $238,897 in the three months ending August 31, 2026, about $119 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