Is Charlestown, IN 47111 a buyer’s or seller’s market?
Charlestown is a seller’s market. With about 3.5 months of supply and 21% 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 48% of U.S. ZIP codes, and #177 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 Charlestown housing market right now
In the three months ending August 31, 2026, 21% of homes in Charlestown, IN 47111 sold above their list price, the typical home went under contract in 61 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 126 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (21% then), homes sold faster (67 days then) and the median sale price fell 1% to $295,872. Overall, Charlestown is about as competitive as it was a year ago.
Within Clark County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Charlestown ranks #177 of 306 IN ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Otisco 47163 (0% sold over asking) or New Washington 47162 (0% sold over asking).
Run the numbers for 47111
Nearby markets
Bethlehem 47104 — /sq ftBorden 47106Seller’s market $168 /sq ftClarksville 47129Seller’s market $139 /sq ftHenryville 47126Seller’s market $175 /sq ft Browse all markets →Towns like Charlestown nearby
Find towns like Charlestown in other states →Where Charlestown is
Loading map…
Questions about Charlestown real estate
Is Charlestown a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Charlestown, IN 47111 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 Charlestown?
The typical home went under contract in 61 days in the latest three months.
Do homes in Charlestown sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Charlestown?
About 0.77% of a home’s value a year in Clark County, or roughly $3,080 on a $400,000 home.
What is the median home price in Charlestown?
The median sale price was $295,872 in the three months ending August 31, 2026, about $180 per square foot.
Local agents
See all agents in 47111 →No sponsored agents in 47111 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 47111
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology