Is Freetown, IN 47235 a buyer’s or seller’s market?
Freetown 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 Freetown housing market right now
In the three months ending August 31, 2026, 0% of homes in Freetown, IN 47235 sold above their list price, the typical home went under contract in 24 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 25%, homes sold faster (33 days then) and the median sale price fell 34% to $263,886. Overall, Freetown is less competitive than a year ago, which gives buyers more room.
Within Jackson County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Norman 47264 (50% sold over asking) and Brownstown 47220 (15% sold over asking) are even more competitive.
Run the numbers for 47235
Nearby markets
Brownstown 47220Seller’s market $106 /sq ftCrothersville 47229Seller’s market $128 /sq ftMedora 47260Buyer’s market $102 /sq ftNorman 47264Balanced $239 /sq ft Browse all markets →Towns like Freetown nearby
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Questions about Freetown real estate
Is Freetown a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Freetown, IN 47235 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 Freetown?
The typical home went under contract in 24 days in the latest three months.
Do homes in Freetown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Freetown?
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 Freetown?
The median sale price was $263,886 in the three months ending August 31, 2026, about $182 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