Is Knightstown, IN 46148 a buyer’s or seller’s market?
Knightstown is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 57% of U.S. ZIP codes, and #127 of 305 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Knightstown housing market right now
In the three months ending August 31, 2026, 0% of homes in Knightstown, IN 46148 sold above their list price, the typical home went under contract in 33 days and there were 6 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 9 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 15%, homes sold more slowly (14 days then) and the median sale price fell 6% to $274,881. Overall, Knightstown is less competitive than a year ago, which gives buyers more room.
Within Henry County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Springport 47386 (50% sold over asking) and Kennard 47351 (33% sold over asking) are even more competitive.
Run the numbers for 46148
Nearby markets
Kennard 47351Seller’s market $131 /sq ftLewisville 47352 $83 /sq ftMiddletown 47356Seller’s market $124 /sq ftMooreland 47360Buyer’s market $167 /sq ft Browse all markets →Towns like Knightstown nearby
Find towns like Knightstown in other states →Where Knightstown is
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Questions about Knightstown real estate
Is Knightstown a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Knightstown, IN 46148 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 Knightstown?
The typical home went under contract in 33 days in the latest three months.
Do homes in Knightstown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Knightstown?
About 0.73% of a home’s value a year in Henry County, or roughly $2,920 on a $400,000 home.
What is the median home price in Knightstown?
The median sale price was $274,881 in the three months ending August 31, 2026, about $128 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