Is Connersville, IN 47331 a buyer’s or seller’s market?
Connersville is a seller’s market. With about 3 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 43% of U.S. ZIP codes, and #209 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Connersville housing market right now
In the three months ending August 31, 2026, 18% of homes in Connersville, IN 47331 sold above their list price, the typical home went under contract in 25 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (32 days then) and the median sale price rose 2% to $149,885. Overall, Connersville is about as competitive as it was a year ago.
On our competition score, Connersville ranks #209 of 306 IN ZIP codes with enough sales (score 43 out of 100).
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Questions about Connersville real estate
Is Connersville a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Connersville, IN 47331 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 Connersville?
The typical home went under contract in 25 days in the latest three months.
Do homes in Connersville sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Connersville?
About 0.73% of a home’s value a year in Fayette County, or roughly $2,920 on a $400,000 home.
What is the median home price in Connersville?
The median sale price was $149,885 in the three months ending August 31, 2026, about $113 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