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Is Medora, IN 47260 a buyer’s or seller’s market?

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

Medora is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list72.9%Sold price ÷ list price
Median days on market118Listing to accepted offer
Median price per sq ft$102▼ −35.2% vs. last year

The Medora housing market right now

In the three months ending August 31, 2026, 0% of homes in Medora, IN 47260 sold above their list price, the typical home went under contract in 118 days and there were 8 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 25%, homes sold more slowly (46 days then) and the median sale price fell 60% to $115,450. Overall, Medora is less competitive than a year ago, which gives buyers more room.

Within Jackson County, homes here sell more slowly, and 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 47260

Prefilled for 47260Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47260Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brownstown 47220Seller’s market $106 /sq ftCrothersville 47229Seller’s market $128 /sq ftFreetown 47235Balanced $182 /sq ftNorman 47264Balanced $239 /sq ft Browse all markets →

Towns like Medora nearby

Find towns like Medora in other states →
Shoals, IN47581 · 33 miles away81% similarpricier homes ($43K more) · larger Marengo, IN47140 · 33 miles away80% similaryounger residents · more renters Crothersville, IN47229 · 18 miles away78% similarpricier homes ($60K more) · larger French Lick, IN47432 · 31 miles away77% similarlarger · younger residents

Where Medora is

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Questions about Medora real estate

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

A buyer’s market: there were 8 months of supply in Medora, IN 47260 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 Medora?

The typical home went under contract in 118 days in the latest three months.

Do homes in Medora sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 72.9% of the list price.

What are property taxes in Medora?

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 Medora?

The median sale price was $115,450 in the three months ending August 31, 2026, about $102 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