Mellott, IN 47958 housing market
Data through Jul 2026 · Seller's market · leverage 14
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Buyer Leverage Score
14
Mar 2026
Months of Supply
3.1 months
Dec 2022
Days on Market
56 days
May 2026
Price Cut %
0.0%
Mar 2026
Sale-to-List Ratio
102.4%
Jul 2026
Expected Disaster Loss
$89
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (14/100; U.S.: 54) (as of Mar 2026): homes typically sell at or above asking (102.4% of list); 0% of listings had a price cut (U.S.: 26%) (as of Mar 2026).
- Disaster risk. FEMA expects about $89 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Fountain County, IN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Attica, IN 47918 | $195.6K | +5.3% | 88 |
| Covington, IN 47932 | $229.1K | +4.0% | 61 |
| Veedersburg, IN 47987 | $200.3K | +8.7% | 24 |
| Kingman, IN 47952 | $195.5K | +8.7% | 76 |
| Veedersburg, IN 47949 | $201.3K | +5.2% | 8 |
| Newtown, IN 47969 | – | – | 7 |