Is Swayzee, IN 46986 a buyer’s or seller’s market?

The Swayzee housing market right now

In the three months ending August 31, 2026, 17% of homes in Swayzee, IN 46986 sold above their list price, the typical home went under contract in 23 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 0%, homes sold faster (25 days then) and the median sale price fell 30% to $146,437. Overall, Swayzee is more competitive than a year ago, so tougher for buyers.

Within Grant County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 70%.

Nearby, buyers who want less competition could look at Upland 46989 (0% sold over asking) or Fairmount 46928 (0% sold over asking), while Fowlerton 46930 (100% sold over asking) and Matthews 46957 (50% sold over asking) are even more competitive.