Is North Vernon, IN 47265 a buyer’s or seller’s market?

The North Vernon housing market right now

In the three months ending August 31, 2026, 13% of homes in North Vernon, IN 47265 sold above their list price, the typical home went under contract in 60 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (24 days then) and the median sale price rose 3% to $215,657. Overall, North Vernon is less competitive than a year ago, which gives buyers more room.

Within Jennings County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, North Vernon ranks #248 of 306 IN ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Paris Crossing 47270 (0% sold over asking) or Commiskey 47227 (0% sold over asking), while Scipio 47273 (33% sold over asking) and Butlerville 47223 (25% sold over asking) are even more competitive.