Is Orestes, IN 46063 a buyer’s or seller’s market?
Orestes is a seller’s market. With about 3.2 months of supply and 0% 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.
The Orestes housing market right now
In the three months ending August 31, 2026, 0% of homes in Orestes, IN 46063 sold above their list price, the typical home went under contract in 17 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (253 days then) and the median sale price rose 216% to $159,831. Overall, Orestes is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Frankton 46044 (50% sold over asking) and Anderson 46011 (32% sold over asking) are even more competitive.
Run the numbers for 46063
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 Orestes is
Loading map…
Questions about Orestes real estate
Is Orestes a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Orestes, IN 46063 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 Orestes?
The typical home went under contract in 17 days in the latest three months.
Do homes in Orestes sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Orestes?
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 Orestes?
The median sale price was $159,831 in the three months ending August 31, 2026, about $148 per square foot.
Local agents
See all agents in 46063 →No sponsored agents in 46063 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 46063
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology