Photo: Andrew Latham · CC BY-SA 3.066 homes sold in Winona Lake in the last year, at a typical $336K
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 Winona Lake homes are listed.
Every place Winona Lake 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 Winona Lake.
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.
Houses are 92% of Winona Lake’s sales, at a typical $350K (year to May 2026)
66 homes sold in the year to September 2026.
typical sale · 67 sold in the year to May 2026
- Per square foot
- $169IN $148
- Days to sell
- 52
- Sold over asking
- 12%
- Listings with a price cut
- 31%
Condos: 6 sold, typical $427K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
66 sales in the last year, against 82 in 2019 and a low of 65 in 2015. The typical sale went from $167K in 2016 to $336K.
Source: Redfin Data Center, MLS sales; from June 2026 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 $350K buys in Winona Lake
Check a listing against what Winona Lake 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 Winona Lake are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Winona Lake’s home sales 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, 66 sales.
If you’re buying in Winona Lake
- Shop in March. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Bid near asking. Buyers paid 98.3% of the list price on average; 14% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 51 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 8 a month), but June is the most competitive: 27% of June sales close over asking. February has the least competition (3%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Winona Lake now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 17% | 36% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 2% | 1% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 98.3% | 98% | 100.6% | 97.5% |
| Days to sellMedian days from listing to contract | 51 | 74 | 56 | 38 |
15 homes for sale on a typical day
That’s 1.7 times the 2022 low (9), 25% fewer than in 2017–19 and well under 2015’s 32.
Since 2019, houses are up 68%, condos 22%
A house typically sold for $350K in the year to May 2026 (67 sales), a condo for $427K (6).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Winona Lake ranks 112th of 146 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Winona Lake is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Winona Lake home costs about $1,933 a month
Price: Winona Lake’s typical sale, last 12 months. Property tax at Winona Lake’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Winona Lake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $336K home, about $2,160 a year.
Taxes vs. neighborsSchools
The schools grade for Winona Lake, from test results, graduation and how much students grow.
Schools in Winona LakeTypical commute
The average one-way trip to work for people who live in Winona Lake.
Work & commuteCheck 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.
Warsaw, South Whitley, Milford, North Manchester and Bourbon sell for less a square foot
The busier markets within 25 miles of Winona Lake, 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 | |
|---|---|---|---|---|---|
| Warsaw | 220 | $260K | $156 | 24% | 45 |
| North Manchester | 89 | $213K | $124 | 14% | 49 |
| Winona Lake | 66 | $336K | $178 | 14% | 51 |
| Syracuse | 46 | $259K | $183 | 28% | 45 |
| Milford | 30 | $253K | $159 | 18% | 66 |
| South Whitley | 27 | $191K | $131 | 30% | 26 |
| Bourbon | 23 | $212K | $142 | 34% | 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.
Post your home to Winona Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Winona Lake. People who follow the town see it, and so do people comparing Winona Lake with their own town. No commission, no listing fee.
Questions about buying a home in Winona Lake
What do homes sell for in Winona Lake, IN?
66 homes sold in the year to September 2026 at a typical $336K, $178 a square foot.
Is Winona Lake a buyer’s or seller’s market?
A seller’s market: 16 homes were for sale in September 2026 and 5 sold, about 3 months of supply. Buyers paid 98.3% of asking on average.
When is the best time to buy in Winona Lake?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Winona Lake?
About 0.6% of a home’s value a year. On a $336K home that’s near $2,160.
Where can I see homes for sale in Winona Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Winona Lake’s MLS listings; the search links above open each one filtered to Winona Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).