Is Oaktown, IN 47561 a buyer’s or seller’s market?
Oaktown is a seller’s market. With about 0.8 months of supply and 25% 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 supply0.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list88.4%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$71▼ −57.5% vs. last year
Run the numbers for 47561
Nearby markets
Bicknell 47512Balanced $109 /sq ftBruceville 47516 $69 /sq ftEdwardsport 47528Seller’s market $80 /sq ftMonroe City 47557Seller’s market $126 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology