Is Elizabethtown, IN 47232 a buyer’s or seller’s market?
Elizabethtown is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Elizabethtown housing market right now
In the three months ending August 31, 2026, 0% of homes in Elizabethtown, IN 47232 sold above their list price, the typical home went under contract in 17 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 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 about as fast and the median sale price rose 5% to $359,744. Overall, Elizabethtown is less competitive than a year ago, which gives buyers more room.
Within Bartholomew County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Columbus 47203 (12% sold over asking) and Columbus 47201 (10% sold over asking) are even more competitive.
Run the numbers for 47232
Nearby markets
Columbus 47201Seller’s market $144 /sq ftColumbus 47203Seller’s market $147 /sq ftHartsville 47244 $122 /sq ftHope 47246Seller’s market $188 /sq ft Browse all markets →Towns like Elizabethtown nearby
Find towns like Elizabethtown in other states →Where Elizabethtown is
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Questions about Elizabethtown real estate
Is Elizabethtown a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Elizabethtown, IN 47232 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 Elizabethtown?
The typical home went under contract in 17 days in the latest three months.
Do homes in Elizabethtown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Elizabethtown?
About 0.75% of a home’s value a year in Bartholomew County, or roughly $3,000 on a $400,000 home.
What is the median home price in Elizabethtown?
The median sale price was $359,744 in the three months ending August 31, 2026, about $154 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