Is Otwell, IN 47564 a buyer’s or seller’s market?
Otwell is a seller’s market. With about 3.2 months of supply and 33% 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 supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$137▲ +108.7% vs. last year
Run the numbers for 47564
Nearby markets
Petersburg 47567Balanced $125 /sq ftSpurgeon 47584Seller’s market $49 /sq ftStendal 47585 $135 /sq ftVelpen 47590 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology