Is Sweetser, IN 46987 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Sweetser 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 Sweetser housing market right now

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

About the area

Grant County, IN

Population	1,055
Median income	$80,893
Average income	$81,487
Median home value	$152,500
Median rent	$1,063/month
Owner-occupied	80% of homes
Median year built	1969

Natural hazard riskTornadoes (relatively high), extreme heat (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 46987; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 46987

Prefilled for 46987Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46987Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Converse 46919Seller’s market $153 /sq ft Fairmount 46928Balanced $104 /sq ft Fowlerton 46930 $121 /sq ft Gas City 46933Balanced $125 /sq ft Browse all markets →

Towns like Sweetser nearby

Find towns like Sweetser in other states →

Swayzee, IN46986 · 5 miles away86% similarlarger · older residents Windfall, IN46076 · 17 miles away82% similarcheaper homes ($29K less) · larger Daleville, IN47334 · 33 miles away80% similarpricier homes ($31K more) · larger Selma, IN47383 · 38 miles away80% similarlarger

Where Sweetser is

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Questions about Sweetser real estate

What are property taxes in Sweetser?

About 0.72% of a home’s value a year in Grant County, or roughly $2,880 on a $400,000 home.

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More tools for 46987

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 Grant County property taxes Grant 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