Kokomo High School and Memorial Gymnasium · Photo: Nyttend · Public domain946 homes sold in Kokomo in the last year, at a typical $169K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Kokomo homes are listed.
Every place Kokomo homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Kokomo.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Kokomo’s sales are condos, at $30K more than a house
882 houses and 47 condos sold in the year to May 2026. Houses draw more bidding wars.
typical sale · 882 sold in 12 months
- Per square foot
- $121IN $148
- Days to sell
- 35
- Sold over asking
- 22%
- Listings with a price cut
- 33%
typical sale · 47 sold in 12 months
- Per square foot
- $141IN $160
- Days to sell
- 38
- Sold over asking
- 6%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 16 sold, typical $118K
Townhouses: 1 sold, typical $128K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
946 sales in the last year, against 1,138 in 2021 and a low of 49 in 2012. The typical sale went from $82K in 2016 to $169K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Kokomo
Check a listing against what Kokomo homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Kokomo are more common than before the pandemic, but 42% fewer homes come up for sale
We read every month of Kokomo’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 946 sales.
If you’re buying in Kokomo
- Shop in October. It brings about 93 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- Offer under asking. Buyers paid 97.3% of the list price on average; 21% paid over.
- Move fast on good ones. 45% of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 112 a month), but May is the most competitive: 24% of May sales close over asking. September and October offer nearly as much choice with fewer homes bid up (20%). January has the least competition (12%) but only about 66 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Indiana as a whole
| Kokomo now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 13% | 31% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 4% | 2% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 32% | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 97.3% | 96.1% | 98.5% | 97.7% |
| Days to sellMedian days from listing to contract | 35 | 72 | 48 | 35 |
194 homes for sale on a typical day
That’s 8.6 times the 2012 low (23), 42% fewer than in 2017–19 and well under 2015’s 534.
1 in 3 listings has cut its price
32% in the last year, against — in 2017–19 and 33% across Indiana.
Since 2019, houses are up 82%, condos 26%
A house typically sold for $170K in the last year (882 sales), a condo for $200K (47).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Kokomo ranks 52nd of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Kokomo is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Kokomo home costs about $992 a month
Price: Kokomo’s typical sale, last 12 months. Property tax at Kokomo’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Kokomo is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 49.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $169K home, about $1,320 a year.
Taxes vs. neighborsSchools
The schools grade for Kokomo, from test results, graduation and how much students grow.
Schools in KokomoCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Galveston, Elwood and Peru sell for less a square foot; Sheridan for far more
The busier markets within 25 miles of Kokomo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Kokomo | 946 | $169K | $121 | 21% | 35 |
| Elwood | 146 | $157K | $102 | 22% | 39 |
| Sheridan | 132 | $321K | $162 | 14% | 42 |
| Peru | 127 | $136K | $97 | 19% | 60 |
| Greentown | 43 | $185K | $121 | 26% | 51 |
| Galveston | 26 | $144K | $113 | 8% | 54 |
| Flora | 23 | $187K | $123 | 26% | 59 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Kokomo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Kokomo. People who follow the town see it, and so do people comparing Kokomo with their own town. No commission, no listing fee.
Questions about buying a home in Kokomo
What do homes sell for in Kokomo, IN?
946 homes sold in the year to May 2026 at a typical $169K, $121 a square foot. Houses sold for about $170K, condos for about $200K.
Is Kokomo a buyer’s or seller’s market?
A seller’s market: 223 homes were for sale in May 2026 and 88 sold, about 2.5 months of supply. Buyers paid 97.3% of asking on average, and 32% of listings cut their price.
When is the best time to buy in Kokomo?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Kokomo?
About 0.8% of a home’s value a year. On a $169K home that’s near $1,320.
Where can I see homes for sale in Kokomo?
Zillow, Redfin, Realtor.com and Homes.com all carry Kokomo’s MLS listings; the search links above open each one filtered to Kokomo.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).