Housing in Michigantown, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$141,000

Median List Price

N/A

Price Per Sq Ft

$116

Days on Market

2

Active Inventory

N/A

Zillow Home Value

$220,955

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.9%List Price 56.9%Jun 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

100.7%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 0.0%Pending 0.0%Jun 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$116

Sale $/SF 11.5%List $/SF 51.3%Jun 24Jan 26

Michigantown vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Michigantown is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$125,000

Median Rent

$963

Total Housing Units

197

Vacancy Rate

8.6%

Owner Occupied

67.8%

Renter Occupied

32.2%

Median Property Tax

$695

per year

Monthly Cost (w/ Mortgage)

$932

Housing Types

Single Family
89.8%
Multi-Family
5.6%
Mobile Home
4.6%

The current median sale price in Michigantown, IN is $141,000 according to Redfin data. Homes spend a median of 2 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $116. The median rent is $963 per month (Census ACS). About 67.8% of housing units are owner-occupied. The median year homes were built is 1946. There are 197 total housing units.