Unshakable ZIP Data 46540 | Middlebury, IN Housing Market
Middlebury · Elkhart County · Elkhart-Goshen, IN metro · Indiana · Data updated June 19, 2026
The median sale price in ZIP 46540, Middlebury, Indiana is $335,400 at $186 per square foot. 16 single-family homes sold in the latest period, down 31.4 percent from a year earlier. Homes sit a median of 9 days on market with 2.6 months of supply. Sellers are getting 99.6 percent of list price and 25.0 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $379,751 | |
| Average price per sq ft | $211 | |
| Median sale price | $335,400 | |
| Median sale price per sq ft | $186 | |
| Median home size | 1,804 sq ft | |
| Median new listing price | $426,256 | +20.1% |
| National size rank | 8,439 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 16 | -31.4% |
| Median days on market | 9 days | |
| Months of supply | 2.6 months | |
| New listings | 30 | -15.4% |
| Active listings | 43 | -14.9% |
| Pending sales | 23 | -16.7% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 99.6% | +1.0 pts |
| Share sold above list | 25.0% | +4.2 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$287,038
3-bedroom
$340,314
4-bedroom
$441,388
5-bedroom
$619,344
These figures describe the single-family market for Middlebury, Indiana ZIP 46540. They are market context, not a substitute for sold comps or a formal appraisal.