Is Monon, IN 47959 a buyer’s or seller’s market?

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

Monon is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5Under 4 months = seller’s market

Sold above original list11.1%Share of sales, last 3 months

Median sale-to-list96.7%Sold price ÷ list price

Median days on market33Listing to accepted offer

Median price per sq ft$159▼ −0.6% vs. last year

Run the numbers for 47959

Prefilled for 47959Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47959Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brookston 47923Seller’s market $177 /sq ft Burnettsville 47926Buyer’s market $139 /sq ft Chalmers 47929 — /sq ft Idaville 47950 — /sq ft Browse all markets →

More tools for 47959

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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