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Housing in Middlebury Township

82 homes sold in Middlebury Township in the last year, at a typical $356K

Redfin reports Middlebury Township’s sales by ZIP code, so these figures are for ZIP 46540, which takes in Middlebury Township and the area around it. 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 Middlebury Township homes are listed.

Homes for sale in Middlebury TownshipZillowRealtor.comMore places to look ↓
Homes sold
82
ZIP 46540 · October 2025 to September 2026
Typical sale price
$356K
median, weighted by sales
Price per square foot
$160
Indiana $149
Paid vs. asking
97.7%
14% sold over asking
For sale now
32
September 2026 · 11 sold that month
What sold · last 12 months · ZIP 46540

Houses are 90% of Middlebury Township’s sales, at a typical $362K (year to May 2026)

82 homes sold in the year to September 2026.

Houses$362K

typical sale · 80 sold in the year to May 2026

Per square foot
$156IN $148
Days to sell
37
Sold over asking
17%
Fewer sales

Condos: 7 sold, typical $339K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

82 sales in the last year, against 127 in 2017 and a low of 81 in 2024. The typical sale went from $177K in 2016 to $356K.

Homes soldTypical sale price
03775112150$175K$250K$325K$400K2015: 122 sold, typical $173K’152016: 112 sold, typical $177K2017: 127 sold, typical $197K’172018: 110 sold, typical $218K2019: 110 sold, typical $242K’192020: 126 sold, typical $244K2021: 108 sold, typical $282K’212022: 100 sold, typical $275K2023: 87 sold, typical $316K’232024: 81 sold, typical $299K2025: 102 sold, typical $329K’25Last 12 months: 82 sold, typical $356KNow

Source: Redfin Data Center, MLS sales; for ZIP 46540, which takes in Middlebury Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Middlebury Township

Houseat $156 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Middlebury Township 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.

What the sales history says · 11 years of sales

Bidding wars in Middlebury Township are back to pre-pandemic levels, but half fewer homes come up for sale

We read every month of home sales in ZIP 46540 since 2015 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 September 2026, 82 sales.

If you’re buying in Middlebury Township

  • Shop in May. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 97.7% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 28 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 12 a month), but August is the most competitive: 20% of August sales close over asking. May and June offer nearly as much choice with fewer homes bid up (16%). February has the least competition (10%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 13% sold over asking, 73 days to sellJFeb: 6 new listings a month, 10% sold over asking, 77 days to sellFMar: 7 new listings a month, 12% sold over asking, 87 days to sellMApr: 9 new listings a month, 15% sold over asking, 71 days to sellAMay: 11 new listings a month, 16% sold over asking, 73 days to sellMJun: 12 new listings a month, 18% sold over asking, 63 days to sellJJul: 12 new listings a month, 18% sold over asking, 61 days to sellJAug: 12 new listings a month, 20% sold over asking, 57 days to sellASep: 11 new listings a month, 20% sold over asking, 53 days to sellSOct: 10 new listings a month, 19% sold over asking, 59 days to sellONov: 9 new listings a month, 18% sold over asking, 63 days to sellNDec: 6 new listings a month, 16% sold over asking, 66 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Middlebury Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price14%14%31%17%
Gone within two weeksShare of homes under contract within 14 days43%1%1%35%
Price paid vs. askingAverage sale price ÷ list price97.7%97.9%99.4%97.5%
Days to sellMedian days from listing to contract28765538
Supply

20 homes for sale on a typical day

That’s 1.6 times the 2023 low (12), 52% fewer than in 2017–19 and well under 2015’s 54.

2015: 54 for sale’152016: 44 for sale2017: 41 for sale2018: 40 for sale’182019: 41 for sale2020: 26 for sale2021: 19 for sale’212022: 13 for sale2023: 12 for sale2024: 18 for sale’242025: 21 for saleLast 12 months: 20 for saleNow
Prices by type

Since 2019, houses are up 59%, condos 10%

A house typically sold for $362K in the year to May 2026 (80 sales), a condo for $339K (8).

$175K$250K$325K$400K201420162018202020222024NowHouses 2014: $172K, 78 salesHouses 2015: $170K, 114 salesHouses 2016: $177K, 103 salesHouses 2017: $192K, 107 salesHouses 2018: $208K, 96 salesHouses 2019: $228K, 96 salesHouses 2020: $241K, 122 salesHouses 2021: $288K, 105 salesHouses 2022: $277K, 97 salesHouses 2023: $324K, 82 salesHouses 2024: $294K, 75 salesHouses 2025: $336K, 91 salesHouses last 12 months: $362K, 80 salesHouses $362KCondos 2015: $221K, 7 salesCondos 2016: $210K, 8 salesCondos 2017: $243K, 13 salesCondos 2018: $271K, 13 salesCondos 2019: $309K, 11 salesCondos 2020: $303K, 5 salesCondos 2023: $316K, 4 salesCondos 2024: $265K, 5 salesCondos 2025: $308K, 9 salesCondos last 12 months: $339K, 8 salesCondos $339K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 46540, which takes in Middlebury Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2015 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Middlebury Township home costs about $2,122 a month

Mortgage
Property tax
Insurance
Rent

Price: Middlebury Township’s typical sale, last 12 months. Property tax at Middlebury Township’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Middlebury Township is affordable on local pay is on Cost of living.

Before you buy in Middlebury Township

Six things worth knowing

12

New listings in July

The month with the most choice. January has the fewest, about 5.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $356K home, about $3,180 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Middlebury Township, from test results, graduation and how much students grow.

Schools in Middlebury Township
23 min

Typical commute

The average one-way trip to work for people who live in Middlebury Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Middlebury, Goshen, Dunlap, White Pigeon, Elkhart and Ligonier sell for less a square foot

The busier markets within 25 miles of Middlebury Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Elkhart521$191K$13132%23
Goshen265$239K$13829%20
Dunlap92$304K$14135%31
Middlebury Township (ZIP 46540)82$356K$16014%28
Middlebury32$316K$14713%20
Ligonier26$190K$14531%62
White Pigeon25$210K$12523%37

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Middlebury Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Middlebury Township. People who follow the town see it, and so do people comparing Middlebury Township with their own town. No commission, no listing fee.

Questions about buying a home in Middlebury Township

What do homes sell for in Middlebury Township, IN?

82 homes sold in the year to September 2026 at a typical $356K, $160 a square foot.

Is Middlebury Township a buyer’s or seller’s market?

A seller’s market: 32 homes were for sale in September 2026 and 11 sold, about 2.8 months of supply. Buyers paid 97.7% of asking on average.

When is the best time to buy in Middlebury Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Middlebury Township?

About 0.9% of a home’s value a year. On a $356K home that’s near $3,180.

Where can I see homes for sale in Middlebury Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Middlebury Township’s MLS listings; the search links above open each one filtered to Middlebury Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46540, which takes in Middlebury Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).