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Is Deputy, IN 47230 a buyer’s or seller’s market?

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

Deputy is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$129▼ −22.5% vs. last year

The Deputy housing market right now

In the three months ending August 31, 2026, 0% of homes in Deputy, IN 47230 sold above their list price, the typical home went under contract in 44 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, 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 more slowly (24 days then) and the median sale price rose 69% to $194,866. Overall, Deputy is less competitive than a year ago, which gives buyers more room.

Within Jefferson County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Hanover 47243 (14% sold over asking) and Lexington 47138 (9% sold over asking) are even more competitive.

Run the numbers for 47230

Prefilled for 47230Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47230Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Canaan 47224 — /sq ftDupont 47231Seller’s market $111 /sq ftHanover 47243Balanced $181 /sq ftLexington 47138Seller’s market $151 /sq ft Browse all markets →

Towns like Deputy nearby

Find towns like Deputy in other states →
Elizabethtown, IN47232 · 26 miles away89% similarcheaper homes ($39K less) Vallonia, IN47281 · 24 miles away87% similarcheaper homes ($56K less) Palmyra, IN47164 · 35 miles away87% similarlarger Lexington, IN47138 · 9 miles away86% similarcheaper homes ($37K less) · larger

Where Deputy is

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Questions about Deputy real estate

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

A buyer’s market: there were 9.6 months of supply in Deputy, IN 47230 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 Deputy?

The typical home went under contract in 44 days in the latest three months.

Do homes in Deputy sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Deputy?

About 0.64% of a home’s value a year in Jefferson County, or roughly $2,560 on a $400,000 home.

What is the median home price in Deputy?

The median sale price was $194,866 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