Is Ridgeville, IN 47380 a buyer’s or seller’s market?
Ridgeville is a seller’s market. With about 3.2 months of supply and 0% 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.
The Ridgeville housing market right now
In the three months ending August 31, 2026, 0% of homes in Ridgeville, IN 47380 sold above their list price, the typical home went under contract in 174 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 more slowly (67 days then) and the median sale price rose 148% to $146,187. Overall, Ridgeville is less competitive than a year ago, which gives buyers more room.
Within Randolph County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Modoc 47358 (100% sold over asking) and Farmland 47340 (40% sold over asking) are even more competitive.
Run the numbers for 47380
Nearby markets
Farmland 47340Seller’s market $139 /sq ftLosantville 47354Seller’s market $98 /sq ftLynn 47355Seller’s market $84 /sq ftModoc 47358Buyer’s market $145 /sq ft Browse all markets →Towns like Ridgeville nearby
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Questions about Ridgeville real estate
Is Ridgeville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ridgeville, IN 47380 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 Ridgeville?
The typical home went under contract in 174 days in the latest three months.
Do homes in Ridgeville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.3% of the list price.
What are property taxes in Ridgeville?
About 0.79% of a home’s value a year in Randolph County, or roughly $3,160 on a $400,000 home.
What is the median home price in Ridgeville?
The median sale price was $146,187 in the three months ending August 31, 2026, about $65 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