Mitch's Weekly Market Report

Sheridan, IN 46069

Single-Family Homes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Sheridan, IN 46069

Wed Apr 08 2026
This week the median list price for Sheridan, IN 46069 is $352,754 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 30. Click here to stay informed with the Sheridan market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Sheridan, IN 46069

Wed Apr 08 2026
This week the median list price for Sheridan, IN 46069 is $352,754 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 30. Click here to stay informed with the Sheridan market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Sheridan market.
Median List Price $352,754
Median Price of New Listings $339,613
Per Square Foot $186
Average Days on Market 72
Median Days on Market 46
Price Decreased 20%
Price Increased 3%
Relisted 0%
Inventory 30
Median Rent
Market Action 37
Slight Seller's Advantage

Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$502,718 2,616 2.5 - 5 acres 4 2.5 16 3 0 10
$385,000 1,928 8,000 - 10,000 sqft 3 2 1 0 0 105
$332,228 1,624 6,500 - 8,000 sqft 2 2 0 4 0 10
$228,000 1,680 0.5 - 1 acre 2 1 108 1 0 63