Is Vallonia, IN 47281 a buyer’s or seller’s market?
Vallonia 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.
The Vallonia housing market right now
In the three months ending August 31, 2026, 0% of homes in Vallonia, IN 47281 sold above their list price, the typical home went under contract in 4 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 was about the same (0% then), homes sold faster (43 days then) and the median sale price rose 51% to $278,330. Overall, Vallonia is more competitive than a year ago, so tougher for buyers.
Within Jackson County, homes here sell faster, 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 47281
Nearby markets
Brownstown 47220Seller’s market $106 /sq ftCrothersville 47229Seller’s market $128 /sq ftFreetown 47235Balanced $182 /sq ftMedora 47260Buyer’s market $102 /sq ft Browse all markets →Towns like Vallonia nearby
Find towns like Vallonia in other states →Where Vallonia is
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Questions about Vallonia real estate
Is Vallonia a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Vallonia, IN 47281 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 Vallonia?
The typical home went under contract in 4 days in the latest three months.
Do homes in Vallonia sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Vallonia?
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 Vallonia?
The median sale price was $278,330 in the three months ending August 31, 2026, about $104 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