Is Wingate, IN 47994 a buyer’s or seller’s market?
Wingate is a seller’s market. With about 3.2 months of supply and 50% 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 Wingate housing market right now
In the three months ending August 31, 2026, 50% of homes in Wingate, IN 47994 sold above their list price, the typical home went under contract in 51 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (60 days then) and the median sale price rose 31% to $196,165. Overall, Wingate is more competitive than a year ago, so tougher for buyers.
Within Montgomery County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 89%.
Nearby, buyers who want less competition could look at Waynetown 47990 (0% sold over asking) or Waveland 47989 (0% sold over asking), while Linden 47955 (71% sold over asking) is even more competitive.
Run the numbers for 47994
Nearby markets
Crawfordsville 47933Seller’s market $137 /sq ftDarlington 47940Seller’s market $157 /sq ftLadoga 47954Seller’s market $140 /sq ftLinden 47955Seller’s market $158 /sq ft Browse all markets →Where Wingate is
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Questions about Wingate real estate
Is Wingate a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Wingate, IN 47994 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 Wingate?
The typical home went under contract in 51 days in the latest three months.
Do homes in Wingate sell over asking?
50% 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 Wingate?
About 0.65% of a home’s value a year in Montgomery County, or roughly $2,600 on a $400,000 home.
What is the median home price in Wingate?
The median sale price was $196,165 in the three months ending August 31, 2026, about $148 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