OfferBackedBuyer Tools

Is Depauw, IN 47115 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Depauw is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$193▲ +27.1% vs. last year

The Depauw housing market right now

In the three months ending August 31, 2026, 0% of homes in Depauw, IN 47115 sold above their list price, the typical home went under contract in 72 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 33%, homes sold faster (84 days then) and the median sale price fell 14% to $184,820. Overall, Depauw is less competitive than a year ago, which gives buyers more room.

Within Harrison County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Laconia 47135 (100% sold over asking) and Ramsey 47166 (33% sold over asking) are even more competitive.

Run the numbers for 47115

Prefilled for 47115Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47115Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Central 47110Buyer’s market $134 /sq ftCorydon 47112Seller’s market $159 /sq ftCrandall 47114 $180 /sq ftElizabeth 47117Seller’s market $179 /sq ft Browse all markets →

Towns like Depauw nearby

Find towns like Depauw in other states →
New Salisbury, IN47161 · 7 miles away90% similaryounger residents Elizabeth, IN47117 · 20 miles away87% similarpricier homes ($27K more) · larger Marysville, IN47141 · 35 miles away87% similarpricier homes ($28K more) · smaller Pekin, IN47165 · 15 miles away86% similarlarger · younger residents

Where Depauw is

Loading map…

Questions about Depauw real estate

Is Depauw a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Depauw, IN 47115 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 Depauw?

The typical home went under contract in 72 days in the latest three months.

Do homes in Depauw sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Depauw?

About 0.53% of a home’s value a year in Harrison County, or roughly $2,120 on a $400,000 home.

What is the median home price in Depauw?

The median sale price was $184,820 in the three months ending August 31, 2026, about $193 per square foot.

Local agents

See all agents in 47115 →

No sponsored agents in 47115 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 47115

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Harrison County property taxesHarrison County loan limitsClosing costs in IndianaHottest ZIP codes in Indiana
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology