Kendallville Housing Market Update: Inventory Steady, Rates Near 6%
Kendallville, IN – March 5, 2026 – Median list price sits near $210K with about 59 active listings; marketing times are longer and rates hover near 6%.
Inventory remains steady, giving buyers enough selection to compare options and negotiate when a home sits through multiple weekends. Pricing is centered around the low-$200Ks, with a wide spread depending on size, condition, and setting.
Top takeaways
- Median listing price: about $210K, with roughly 59 active listings.
- Homes are taking longer to move: median around 73 days on market.
- Borrowing costs remain a headwind: Freddie Mac’s 30-year fixed average was 6.00% (PMMS, March 5, 2026).
Market snapshot
Realtor.com’s local dashboard shows a median list price of $209.95K (about $145 per square foot) and median rent around $1.1K. Because inventory and pricing can shift week to week, the most useful signal for shoppers is often the presence of price cuts on listings that have lingered.
What’s for sale
Current search results show options ranging from smaller 2-bedroom homes around the low-$100Ks, to mid-market 3-bedroom houses near the mid-$200Ks, up to rural/lake-area properties pushing $900K+. A few land listings and new-build plan listings also appear in the mix, which can help buyers compare build-versus-buy if timing and budget allow.