Is Twelve Mile, IN 46988 a buyer’s or seller’s market?
Twelve Mile 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.
The Twelve Mile housing market right now
In the three months ending August 31, 2026, 50% of homes in Twelve Mile, IN 46988 sold above their list price and the typical home went under contract in 119 days. With only 2 sales, these figures can swing a lot from month to month.
Within Cass County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Lucerne 46950 (0% sold over asking) or Galveston 46932 (15% sold over asking).
Run the numbers for 46988
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 Twelve Mile nearby
Find towns like Twelve Mile in other states →Where Twelve Mile is
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Questions about Twelve Mile real estate
How fast do homes sell in Twelve Mile?
The typical home went under contract in 119 days in the latest three months.
Do homes in Twelve Mile sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 87.7% of the list price.
What are property taxes in Twelve Mile?
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 Twelve Mile?
The median sale price was $108,203 in the three months ending August 31, 2026, about $68 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