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Cheap Homes for Sale in Mitchell, IN

19 Homes for Sale

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Mitchell, IN Housing Market Overview

Mitchell is a buyer's market right now. Homes are sitting on the market for 144 days on average. With 12.5 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

144

Inventory

19

Aug 2021Mar 2024Mar 2026

Median Home Price

$221,500Up 0.98%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
19 Up 0.39%
Newly Listed Homes
7 Up 2.50%
Months of Supply
12.5 Up 3.50%

Housing Demand

Homes Sold
2 Down 0.00%
Sale-to-List Ratio
93.4% Up 3.39%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Mitchell Market Report
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Mitchell, IN Housing Marketlink qauare
Homes Available icon

19

Homes Available

Median List Price icon

$ 221,500

Median List Price

Avg on Market icon

144 Days

Avg on Market

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