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Housing in Wakarusa

12 homes sold in Wakarusa in the last year, at a typical $266K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Wakarusa homes are listed.

Homes sold
12
January 2025 to December 2025
Typical sale price
$266K
median, weighted by sales
Price per square foot
$150
Indiana $147
Paid vs. asking
96%
8% sold over asking
For sale now
1
December 2025 · 1 sold that month
What sold · last 12 months

Houses are 83% of Wakarusa’s sales, at a typical $256K

12 homes sold in the year to December 2025.

Houses$256K

typical sale · 10 sold in 12 months

Per square foot
$150IN $146
Days to sell
44
Sold over asking
10%
Listings with a price cut
50%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $157K
Condos: 1 sold, typical $342K

Too few sales in 12 months for reliable figures.

4 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

12 sales in the last year, against 28 in 2016 and a low of 22 in 2015. The typical sale went from $146K in 2016 to $266K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2015: 22 sold, typical $129K’152016: 28 sold, typical $146K2019: 24 sold, typical $186K’192021: 23 sold, typical $200KLast 12 months: 12 sold, typical $266KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Wakarusa

Houseat $150 a sq ft
The same money in Indianaat $146 a sq ft

Is this asking price fair?

Check a listing against what Wakarusa 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.

Rent or buy?

Owning the typical Wakarusa home costs about $1,547 a month

Mortgage
Property tax
Insurance
Rent

Price: Wakarusa’s typical sale, last 12 months. Property tax at Wakarusa’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wakarusa is affordable on local pay is on Cost of living.

Before you buy in Wakarusa

Five things worth knowing

0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $266K home, about $1,920 a year.

Taxes vs. neighbors
A+

Schools

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

Schools in Wakarusa
30 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Wakarusa, free

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

Questions about buying a home in Wakarusa

What do homes sell for in Wakarusa, IN?

12 homes sold in the year to December 2025 at a typical $266K, $150 a square foot.

Is Wakarusa a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in December 2025 and 1 sold, about 1 months of supply. Buyers paid 96% of asking on average, and 60% of listings cut their price.

How much are property taxes in Wakarusa?

About 0.7% of a home’s value a year. On a $266K home that’s near $1,920.

Where can I see homes for sale in Wakarusa?

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

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).