Is Bainbridge, IN 46105 a buyer’s or seller’s market?

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

Bainbridge is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$142▲ +20.2% vs. last year

The Bainbridge housing market right now

In the three months ending August 31, 2026, 0% of homes in Bainbridge, IN 46105 sold above their list price, the typical home went under contract in 14 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (6 days then) and the median sale price rose 126% to $609,736. Overall, Bainbridge is less competitive than a year ago, which gives buyers more room.

Within Putnam County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Russellville 46175 (50% sold over asking) and Fillmore 46128 (25% sold over asking) are even more competitive.

Nearby markets

Cloverdale 46120Seller’s market $150 /sq ftFillmore 46128Seller’s market $200 /sq ftGreencastle 46135Seller’s market $143 /sq ftReelsville 46171Seller’s market $208 /sq ft Browse all markets →

Where Bainbridge is

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Questions about Bainbridge real estate

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

A balanced market: there were 5.3 months of supply in Bainbridge, IN 46105 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 Bainbridge?

The typical home went under contract in 14 days in the latest three months.

Do homes in Bainbridge sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.

What are property taxes in Bainbridge?

About 0.48% of a home’s value a year in Putnam County, or roughly $1,920 on a $400,000 home.

What is the median home price in Bainbridge?

The median sale price was $609,736 in the three months ending August 31, 2026, about $142 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