Is Markleville, IN 46056 a buyer’s or seller’s market?

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

Markleville is a seller’s market. With about 2.4 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 supply2.4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$207▲ +15.3% vs. last year

The Markleville housing market right now

In the three months ending August 31, 2026, 25% of homes in Markleville, IN 46056 sold above their list price, the typical home went under contract in 52 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (16 days then) and the median sale price rose 60% to $389,332. Overall, Markleville is about as competitive as it was a year ago.

Within Madison County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell more often over asking than in 77%.

Nearby, buyers who want less competition could look at Summitville 46070 (0% sold over asking) or Orestes 46063 (0% sold over asking), while Frankton 46044 (50% sold over asking) and Anderson 46011 (32% sold over asking) are even more competitive.

Nearby markets

Alexandria 46001Seller’s market $97 /sq ftAnderson 46011Seller’s market $128 /sq ftAnderson 46012Seller’s market $126 /sq ftAnderson 46013Seller’s market $132 /sq ft Browse all markets →

Where Markleville is

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Questions about Markleville real estate

Is Markleville a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Markleville, IN 46056 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Markleville?

The typical home went under contract in 52 days in the latest three months.

Do homes in Markleville sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Markleville?

About 0.74% of a home’s value a year in Madison County, or roughly $2,960 on a $400,000 home.

What is the median home price in Markleville?

The median sale price was $389,332 in the three months ending August 31, 2026, about $207 per square foot.

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