Is Edinburgh, IN 46124 a buyer’s or seller’s market?
Edinburgh is a seller’s market. With about 1.4 months of supply and 7% 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 Edinburgh housing market right now
In the three months ending August 31, 2026, 7% of homes in Edinburgh, IN 46124 sold above their list price, the typical home went under contract in 38 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (12 days then) and the median sale price rose 11% to $247,393. Overall, Edinburgh is less competitive than a year ago, which gives buyers more room.
Within Shelby County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Flat Rock 47234 (0% sold over asking) or Waldron 46182 (0% sold over asking), while Fountaintown 46130 (29% sold over asking) and Fairland 46126 (20% sold over asking) are even more competitive.
Run the numbers for 46124
Nearby markets
Boggstown 46110 — /sq ftFairland 46126Seller’s market $157 /sq ftFlat Rock 47234Seller’s market $148 /sq ftFountaintown 46130Seller’s market $175 /sq ft Browse all markets →Towns like Edinburgh nearby
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Questions about Edinburgh real estate
Is Edinburgh a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Edinburgh, IN 46124 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 Edinburgh?
The typical home went under contract in 38 days in the latest three months.
Do homes in Edinburgh sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Edinburgh?
About 0.66% of a home’s value a year in Shelby County, or roughly $2,640 on a $400,000 home.
What is the median home price in Edinburgh?
The median sale price was $247,393 in the three months ending August 31, 2026, about $140 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