Is Rising Sun, IN 47040 a buyer’s or seller’s market?
Rising Sun is a seller’s market. With about 1.6 months of supply and 35% 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.
More competitive than 66% of U.S. ZIP codes, and #72 of 306 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 August 31, 2026. See the breakdown
The Rising Sun housing market right now
In the three months ending August 31, 2026, 35% of homes in Rising Sun, IN 47040 sold above their list price, the typical home went under contract in 12 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold more slowly (9 days then) and the median sale price rose 10% to $209,159. Overall, Rising Sun is more competitive than a year ago, so tougher for buyers.
On our competition score, Rising Sun ranks #72 of 306 IN ZIP codes with enough sales (score 64 out of 100).
Run the numbers for 47040
Towns like Rising Sun nearby
Find towns like Rising Sun in other states →Where Rising Sun is
Loading map…
Questions about Rising Sun real estate
Is Rising Sun a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Rising Sun, IN 47040 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 Rising Sun?
The typical home went under contract in 12 days in the latest three months.
Do homes in Rising Sun sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Rising Sun?
About 0.61% of a home’s value a year in Ohio County, or roughly $2,440 on a $400,000 home.
What is the median home price in Rising Sun?
The median sale price was $209,159 in the three months ending August 31, 2026, about $118 per square foot.
Local agents
See all agents in 47040 →No sponsored agents in 47040 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 47040
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology