Kokomo’s rolling three-month numbers show home values up solidly from a year ago, with the typical home value rising about 6 percent. At the same time, inventory has grown, as active listings are up roughly 12 percent year over year. Months of supply has nearly doubled over the past year, signaling that buyers have more options than they did last summer.
Looking at the most recent rolling period through July 2026, buyers are seeing a typical home value around $175,000 and a median list price just under that level. Homes are spending a median of 28 days on the market, considerably longer than a year ago, which can give buyers a bit more breathing room when deciding on an offer.
Even with more supply, seller leverage has not disappeared. Only about 18 percent of homes sold above list price in the latest three-month window, and the average sale-to-list ratio sits near 97 percent, suggesting some room for negotiation. Sales volume has eased, with homes sold down about 7 percent year over year and pending sales also lower, pointing to a cooler pace of activity. With conditions shifting in favor of more balance, both buyers and sellers in Kokomo can benefit from Agent Pronto’s help in finding an agent who understands these evolving trends.
