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Is Monticello, IN 47960 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Monticello is a seller’s market. With about 3.9 months of supply and 15% 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.

Competition score29/ 100

More competitive than 25% of U.S. ZIP codes, and #282 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.9Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$167▼ −1.8% vs. last year

Run the numbers for 47960

Prefilled for 47960Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47960Over-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 ftBurnettsville 47926Buyer’s market $139 /sq ftChalmers 47929 — /sq ftIdaville 47950 — /sq ft Browse all markets →

More tools for 47960

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