Is Economy, IN 47339 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Economy is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list70.5%Sold price ÷ list price

Median days on market255Listing to accepted offer

Median price per sq ft—▼ −74.9% vs. last year

The Economy housing market right now

In the three months ending August 31, 2026, 0% of homes in Economy, IN 47339 sold above their list price and the typical home went under contract in 255 days. With only 1 sale, 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 more slowly (20 days then) and the median sale price fell 76% to $21,491. Overall, Economy is less competitive than a year ago, which gives buyers more room.

Within Wayne County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Milton 47357 (100% sold over asking) and Williamsburg 47393 (33% sold over asking) are even more competitive.

About the area

Wayne County, IN

Population	528
Median income	$70,833
Average income	$90,799
Median home value	$137,500
Median rent	$931/month
Owner-occupied	83% of homes
Median year built	1989

Natural hazard riskTornadoes (relatively high), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 47339; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 47339

Prefilled for 47339Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47339Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cambridge City 47327Seller’s market $84 /sq ft Centerville 47330Seller’s market $141 /sq ft Dublin 47335 $71 /sq ft Fountain City 47341Seller’s market $100 /sq ft Browse all markets →

Where Economy is

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Questions about Economy real estate

How fast do homes sell in Economy?

The typical home went under contract in 255 days in the latest three months.

Do homes in Economy sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 70.5% of the list price.

What are property taxes in Economy?

About 0.81% of a home’s value a year in Wayne County, or roughly $3,240 on a $400,000 home.

What is the median home price in Economy?

The median sale price was $21,491 in the three months ending August 31, 2026.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology