Is Monon, IN 47959 a buyer’s or seller’s market?

The Monon housing market right now

In the three months ending August 31, 2026, 11% of homes in Monon, IN 47959 sold above their list price, the typical home went under contract in 33 days and there were 5 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. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (42 days then) and the median sale price fell 33% to $209,909. Overall, Monon is about as competitive as it was a year ago.

Within White County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Burnettsville 47926 (0% sold over asking), while Wolcott 47995 (50% sold over asking) and Reynolds 47980 (25% sold over asking) are even more competitive.