Housing in Nappanee, IN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$190,000

Median List Price

$339,500

Price Per Sq Ft

$116

Days on Market

85

Active Inventory

7

Months of Supply

1.4

Seller's market

Zillow Home Value

$281,146

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 37.5%List Price 62.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

2

Pending Sales

2

Homes Sold 0.0%New Listings 75.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$116

Median List $/SF

$158

Sale $/SF 26.1%List $/SF 10.5%Mar 24Jan 26

Nappanee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Nappanee 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

$209,000

Median Rent

$876

Total Housing Units

2,985

Vacancy Rate

8.3%

Owner Occupied

59.6%

Renter Occupied

40.4%

Median Property Tax

$1,688

per year

Monthly Cost (w/ Mortgage)

$1,251

Housing Types

Single Family
64.0%
Multi-Family
21.4%
Mobile Home
14.6%

The current median sale price in Nappanee, IN is $190,000 according to Redfin data. Homes spend a median of 85 days on the market. 0.0% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $116. The median rent is $876 per month (Census ACS). About 59.6% of housing units are owner-occupied. The median year homes were built is 1984. There are 2,985 total housing units.