Is Dupont, IN 47231 a buyer’s or seller’s market?
Dupont is a seller’s market. With about 1.6 months of supply and 0% 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.
The Dupont housing market right now
In the three months ending August 31, 2026, 0% of homes in Dupont, IN 47231 sold above their list price, the typical home went under contract in 188 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 was about the same (0% then), homes sold more slowly (76 days then) and the median sale price fell 30% to $288,325. Overall, Dupont is less competitive than a year ago, which gives buyers more room.
Within Jefferson County, homes here sell more slowly, 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 47231
Nearby markets
Canaan 47224 — /sq ftDeputy 47230Buyer’s market $129 /sq ftHanover 47243Balanced $181 /sq ftLexington 47138Seller’s market $151 /sq ft Browse all markets →Where Dupont is
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Questions about Dupont real estate
Is Dupont a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Dupont, IN 47231 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 Dupont?
The typical home went under contract in 188 days in the latest three months.
Do homes in Dupont sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.8% of the list price.
What are property taxes in Dupont?
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 Dupont?
The median sale price was $288,325 in the three months ending August 31, 2026, about $111 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