Is Austin, IN 47102 a buyer’s or seller’s market?
Austin is a seller’s market. With about 2 months of supply and 15% 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 37% of U.S. ZIP codes, and #233 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 Austin housing market right now
In the three months ending August 31, 2026, 15% of homes in Austin, IN 47102 sold above their list price, the typical home went under contract in 50 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold more slowly (46 days then) and the median sale price held steady to $173,425. Overall, Austin is about as competitive as it was a year ago.
On our competition score, Austin ranks #233 of 306 IN ZIP codes with enough sales (score 39 out of 100).
Nearby, buyers who want less competition could look at Underwood 47177 (0% sold over asking) or Scottsburg 47170 (9% sold over asking).
Run the numbers for 47102
Nearby markets
Scottsburg 47170Seller’s market $165 /sq ftUnderwood 47177Buyer’s market $180 /sq ft Browse all markets →Towns like Austin nearby
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Questions about Austin real estate
Is Austin a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Austin, IN 47102 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 Austin?
The typical home went under contract in 50 days in the latest three months.
Do homes in Austin sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Austin?
About 0.65% of a home’s value a year in Scott County, or roughly $2,600 on a $400,000 home.
What is the median home price in Austin?
The median sale price was $173,425 in the three months ending August 31, 2026, about $129 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