Market Intelligence Report — IN-340

Kendallville, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Very Competitive

Median Listing

$300K
+7.1% YoY

Pending Ratio

0.81
+28.0% YoY

Active Inventory

79
-19.4% YoY

Median DOM

40 Days
-9.1% YoY

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The Kendallville market is currently assessed as Very Competitive, driven by a pending ratio of 0.81 which indicates demand significantly outpaces available inventory. This robust demand absorption occurs alongside a notable contraction in active listings, down 19.4% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Kendallville market right now.

Active listings have contracted by 19.4% over the past year, resulting in a tightening supply environment. Despite a 7.7% decline in new listings year-over-year, the median listing price has increased by 7.1% over the same period. Demand indicators remain strong, with pending listings showing a substantial increase and the pending ratio rising 28.0% year-over-year to 0.81, reflecting accelerated absorption. Properties are moving more quickly, with median days on market decreasing by 9.1% year-over-year.

Historical Analysis

Market Trends

Median Price

$300K-9.1% MoM

Active Inventory

79-19.4% YoY

Days on Market

40-9.1% YoY

Sold Score™

85+28.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

85
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.81 and a significant year-over-year reduction in active listings, buyers face a market with limited choices and rapid transaction paces. This environment places upward pressure on pricing and necessitates swift engagement from prospective purchasers. Sellers are likely to experience favorable conditions regarding absorption speed and price discipline.

Luxury Segment

The average listing price has seen a substantial increase of 17.3% year-over-year, outpacing the 7.1% growth in median listing price, while median $/sqft rose 4.8%. This divergence, with the average price growing considerably faster than the median, suggests a potential firming in the higher price tiers of the market.

Supply Dynamics

79 active listings represent the current floor, with new supply arriving at roughly 48 per month.

Pricing Pressure
18.9%

of active listings carry a price reduction, -6.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.8% year-over-year.

Absorption
0.81

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Kendallville, IN? Homes here are taking 4 days less to sell than last year.

Demand in Kendallville, IN is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
81%
Median Days on Market
40 days
Inventory YoY
−19%

Demand is strong in Kendallville, IN. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Kendallville, IN
CBSA Code
28340
State
IN
Analysis FAQ
  • What is the current market condition in Kendallville?+

    As of the latest 2026 data, the Kendallville metro is classified as Very Competitive. Pending ratio is 0.81 with median days on market at 40.

  • Are home prices dropping in Kendallville?+

    Median listing price is $300K, +7.1% year over year. 18.9% of active listings carry a price reduction.

  • How fast are homes selling in Kendallville?+

    The typical listing sits 40 days on market, a -9.1% change YoY. New listings are arriving at 48 per month.

  • What's happening in the Kendallville luxury market?+

    The average listing price has seen a substantial increase of 17.3% year-over-year, outpacing the 7.1% growth in median listing price, while median $/sqft rose 4.8%. This divergence, with the average price growing considerably faster than the median, suggests a potential firming in the higher price tiers of the market.

  • Where can I find a trusted Kendallville real estate expert?+

    Primpted maintains a vetted registry of Kendallville agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 28340 · 36mo history