Is Charlottesville, IN 46117 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Charlottesville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Hancock County, IN

Population	527
Median income	$91,250
Average income	$81,310
Median home value	$229,300
Owner-occupied	89% of homes
Median year built	1981

Natural hazard riskTornadoes (relatively high), winter storms (relatively high), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 46117; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 46117

Prefilled for 46117Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46117Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Fortville 46040Seller’s market $168 /sq ft Greenfield 46140Seller’s market $156 /sq ft Maxwell 46154 $103 /sq ft Mccordsville 46055Seller’s market $165 /sq ft Browse all markets →

Where Charlottesville is

Loading map…

Questions about Charlottesville real estate

What are property taxes in Charlottesville?

About 0.66% of a home’s value a year in Hancock County, or roughly $2,640 on a $400,000 home.

Local agents

See all agents in 46117 →

No sponsored agents in 46117 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 46117

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 Hancock County property taxes Hancock County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="46117"><a href="https://offerbacked.com/market/46117">Charlottesville, IN 46117 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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