Is Winamac, IN 46996 a buyer’s or seller’s market?

The Winamac housing market right now

In the three months ending August 31, 2026, 35% of homes in Winamac, IN 46996 sold above their list price, the typical home went under contract in 43 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (51 days then) and the median sale price fell 2% to $219,905. Overall, Winamac is more competitive than a year ago, so tougher for buyers.

Within Pulaski County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 75%. On our competition score, Winamac ranks #127 of 306 IN ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Francesville 47946 (0% sold over asking) or Star City 46985 (0% sold over asking), while Monterey 46960 (40% sold over asking) is even more competitive.