Is Kentland, IN 47951 a buyer’s or seller’s market?
Kentland is a seller’s market. With about 3 months of supply and 8% 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 Kentland housing market right now
In the three months ending August 31, 2026, 8% of homes in Kentland, IN 47951 sold above their list price, the typical home went under contract in 39 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (37 days then) and the median sale price rose 3% to $196,415. Overall, Kentland is less competitive than a year ago, which gives buyers more room.
Within Newton County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%.
Nearby, buyers who want less competition could look at Thayer 46381 (0% sold over asking) or Sumava Resorts 46379 (0% sold over asking), while Brook 47922 (33% sold over asking) and Goodland 47948 (20% sold over asking) are even more competitive.
Run the numbers for 47951
Nearby markets
Brook 47922Balanced $111 /sq ftFair Oaks 47943 — /sq ftGoodland 47948Seller’s market $66 /sq ftLake Village 46349Balanced $159 /sq ft Browse all markets →Towns like Kentland nearby
Find towns like Kentland in other states →Where Kentland is
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Questions about Kentland real estate
Is Kentland a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Kentland, IN 47951 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 Kentland?
The typical home went under contract in 39 days in the latest three months.
Do homes in Kentland sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Kentland?
About 0.77% of a home’s value a year in Newton County, or roughly $3,080 on a $400,000 home.
What is the median home price in Kentland?
The median sale price was $196,415 in the three months ending August 31, 2026, about $107 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