Kokomo, IN Housing Market 2026: What Homes Actually Sell For

Kokomo produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 6 months: 623
• •Median sold price, last 6 months: $175,000
• •Median sold $/sqft, last 6 months: $126
• •Middle half of sales closed between: $125,000 and $248,000

What the numbers say

Resideline tracked 623 closed sales in Kokomo over the last six months, with a median closing price of $175,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $125,000 and $248,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 90% of the Kokomo closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 620 closings with usable living area, the middle half sold between $94 and $151 per square foot.

Figures last updated November 6, 2026 from closings Resideline tracked.

Median home price in Kokomo, IN (October 2026)

The median home price in Kokomo is $175,000, measured across the 623 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $125,000 and $248,000.

Where Kokomo sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Kokomo over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $125,000 and $248,000. Among the 56 Indiana markets with a published band, Kokomo's middle-half spread ($125,000 to $248,000) ranks 48th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 77th percentile of the 2,291 US markets in Resideline's national Market Watch set, on data as of November 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 17 days, across 306 Kokomo closings Resideline tracked in the last six months
• •Contract to closing: a median of 26 days, across 315 Kokomo closings Resideline tracked in the last six months

Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 623 closings above: a sale is counted here only when we hold both of its dates.

The Kokomo angle

Kokomo's tracked closings from the last six months number 623, with a median closed sale price of $175,000 and the middle half of sales falling between $125,000 and $248,000. Relative to the median's size, that is a band wider than most markets we track, so ordinary Kokomo closings land across a broad span and the midpoint compresses real differences between sales. Width alone changes the job: a loosely chosen comp lands further from the truth here than it would in a compact market, so matching criteria deserve real attention before any number is quoted. Let the median orient the analysis, let closed sales that resemble the subject produce the estimate, and let the band judge how ordinary the result is.

Kokomo market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Kokomo ZIP codes: 46902 · 46901.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Kokomo address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Kokomo, IN
Geography: incorporated municipality, Census place 1840392
Data updated: October 2026
Analysis period: last six months
Tracked closings: 623
Median sold price: $175,000
Median sold $/sqft: $126 (620 qualifying)
Property mix: 90% houses
https://resideline.com/blog/kokomo-in-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/kokomo-in-housing-market">
  <img src="https://resideline.com/images/embed/kokomo-in.png" alt="Kokomo, IN home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/kokomo-in-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Kokomo over the last six months, and is refreshed when the data is.