Is Pekin, IN 47165 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pekin is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above original list10%Share of sales, last 3 months

Median sale-to-list95.6%Sold price ÷ list price

Median days on market42Listing to accepted offer

Median price per sq ft$147▲ +5.2% vs. last year

Run the numbers for 47165

Prefilled for 47165Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47165Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Campbellsburg 47108Buyer’s market $181 /sq ft Fredericksburg 47120Seller’s market $138 /sq ft Hardinsburg 47125Balanced $142 /sq ft Salem 47167Balanced $122 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology