Part of Mishawaka is still moving fast, even with more listings
Nationally, Realtor.com reported active listings reached 1.16 million homes for sale. Here in ZIP 46545, the Real Estate Data Aggregator counted just 1.3 months of supply in the three months ending August 31, 2026. That gap is the whole story.
The Real Estate Data Aggregator found that 45.3% of homes sold above list price in 46545. That share jumped 12.4 points from the same months in 2025. More listings came in, and buyers still competed.
New listings in 46545 rose 21.1% year over year, the Real Estate Data Aggregator shows. Yet the median days on market was just 12 days. Homes did not sit.
Speed is still the headline in 46545
The Real Estate Data Aggregator counted 65.1% of homes going under contract within two weeks of listing. That is a very high share, even though it slipped 8.9 points from last year. Most sellers did not wait long.
Pending sales in 46545 rose 17.8% year over year, the Real Estate Data Aggregator shows. That is a real sign of demand holding up despite higher rates.
Realtor.com reported mortgage rates topped 7% for the first time since January 2025. That is a real cost for buyers. Yet in 46545, buyers kept moving.
How 46544 compares
The story in ZIP 46544 is a little different. The Real Estate Data Aggregator put the median sale price there at $212,450, up 3.1% from 2025. That is solid, but slower than 46545.
| 46544 | 46545 | |
|---|---|---|
| Median sale price | $212,450 | $235,500 |
| Median days on market | 16 days | 12 days |
| Months of supply | 1.7 months | 1.3 months |
| Sold above list price | 40.2% | 45.3% |
| Sale to list price | 99.7% | 100.8% |
Homes in 46544 took a median of 16 days to sell. That is 6 days longer than last year. The Real Estate Data Aggregator also counted 122 homes sold, down 10.3% from 2025. Not every home moved at the same pace.
Still, 40.2% of 46544 homes sold above list price, the Real Estate Data Aggregator found. That share was up 2 points from 2025. Pricing still matters, but sellers are not giving ground.
What the national picture adds
The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Both Mishawaka ZIP codes beat that pace. Local demand is doing more work than the national trend.
Realtor.com noted that 20.8% of listings nationally took a price cut in September, the highest share since October 2022. In 46545, the average sale came in at 100.8% of list price. Those are very different markets.
- ZIP 46545 had 1.3 months of supply and a 12-day median time to sell in the three months ending August 31, 2026. Nearly half of homes sold above list.
- ZIP 46544 moved a little slower but still held firm on price.
- One street can read very differently from the ZIP code as a whole.
Your next step
(937) 935-1172Text me your address and I will send back how your Mishawaka home sits against what actually sold near you, including days on market and sale-to-list price. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 46544 and 46545, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: U.S. Home Prices Ticked Up 0.25% in September, Oct 20, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- CNBC: Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers, Oct 23, 2026
- No Real Estate Data Aggregator numbers for 46546, so this part is from websites alone.