Housing in Waveland, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$194,500
Median List Price
$138,000
Price Per Sq Ft
$135
Days on Market
37
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$223,139
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
98.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$135
Median List $/SF
$51
Waveland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Waveland 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
$96,800
Median Rent
$920
Total Housing Units
185
Vacancy Rate
19.5%
Owner Occupied
84.6%
Renter Occupied
15.4%
Median Property Tax
$388
per year
Monthly Cost (w/ Mortgage)
$1,069
Housing Types
The current median sale price in Waveland, IN is $194,500 according to Redfin data. Homes spend a median of 37 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $135. The median rent is $920 per month (Census ACS). About 84.6% of housing units are owner-occupied. The median year homes were built is 1938. There are 185 total housing units.