Is Rising Sun, IN 47040 a buyer’s or seller’s market?
Rising Sun is a seller’s market. With about 1.6 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.6Under 4 months = seller’s market
Sold above original list35%Share of sales, last 3 months
Median sale-to-list95.3%Sold price ÷ list price
Median days on market12Listing to accepted offer
Median price per sq ft$118▲ +8.9% vs. last year
Run the numbers for 47040
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology