Is Brownstown, IN 47220 a buyer’s or seller’s market?
Brownstown is a seller’s market. With about 3 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 36% of U.S. ZIP codes, and #237 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 Brownstown housing market right now
In the three months ending August 31, 2026, 15% of homes in Brownstown, IN 47220 sold above their list price, the typical home went under contract in 26 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold faster (30 days then) and the median sale price rose 14% to $214,907. Overall, Brownstown is about as competitive as it was a year ago.
Within Jackson County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Vallonia 47281 (0% sold over asking) or Medora 47260 (0% sold over asking), while Norman 47264 (50% sold over asking) is even more competitive.
Run the numbers for 47220
Nearby markets
Crothersville 47229Seller’s market $128 /sq ftFreetown 47235Balanced $182 /sq ftMedora 47260Buyer’s market $102 /sq ftNorman 47264Balanced $239 /sq ft Browse all markets →Towns like Brownstown nearby
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Questions about Brownstown real estate
Is Brownstown a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Brownstown, IN 47220 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 Brownstown?
The typical home went under contract in 26 days in the latest three months.
Do homes in Brownstown sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Brownstown?
About 0.49% of a home’s value a year in Jackson County, or roughly $1,960 on a $400,000 home.
What is the median home price in Brownstown?
The median sale price was $214,907 in the three months ending August 31, 2026, about $106 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