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Kokomo, IN 46902 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Kokomo, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.24
ActiveActive listings: 4545PendingPending sales: 1111
Kokomo, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $200k$200kSoldMedian sold price (last 6 months): $215k$215k
What homes actually sell for in Kokomo, IN
Distribution of 420 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $149k to $283k
$95k to $139k: 57 sales$95k$139k to $183k: 89 sales89sales$183k to $227k: 62 sales$183k$227k to $271k: 66 sales$271k to $315k: 48 sales$271k$315k to $359k: 29 sales$359k to $403k: 17 sales$359k$403k to $447k: 9 salesMedian $215k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 11 pending sales in ZIP code 46902. That pending-to-active ratio of 0.24 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $199,900, while the median of the 420 closed sales Resideline tracked over the last six months was $215,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46902 for 65 days.

Frequently asked questions

What is the median home price in 46902?

The median closed sale price in Kokomo, IN 46902 was $215,000 over the last six months, based on 420 closed sales tracked by Resideline. The middle half of those sales ranged from $149,000 to $282,900.

Is 46902 a buyer's or seller's market?

Resideline is currently tracking 11 pending sales against 45 active listings in 46902, a pending-to-active ratio of 0.24. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46902 currently looks like a balanced market.

Nearby ZIP code market data

Full Kokomo, IN housing market report →

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