Is French Lick, IN 47432 a buyer’s or seller’s market?
French Lick is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 7% of U.S. ZIP codes, and #302 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 French Lick housing market right now
In the three months ending August 31, 2026, 0% of homes in French Lick, IN 47432 sold above their list price, the typical home went under contract in 63 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (52 days then) and the median sale price rose 6% to $205,861. Overall, French Lick is less competitive than a year ago, which gives buyers more room.
On our competition score, French Lick ranks #302 of 306 IN ZIP codes with enough sales (score 14 out of 100).
Nearby, Orleans 47452 (17% sold over asking) and Paoli 47454 (15% sold over asking) are even more competitive.
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Nearby markets
Orleans 47452Balanced $126 /sq ftPaoli 47454Buyer’s market $125 /sq ftWest Baden Springs 47469Buyer’s market $88 /sq ft Browse all markets →Towns like French Lick nearby
Find towns like French Lick in other states →Where French Lick is
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Questions about French Lick real estate
Is French Lick a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in French Lick, IN 47432 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 French Lick?
The typical home went under contract in 63 days in the latest three months.
Do homes in French Lick sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in French Lick?
About 0.58% of a home’s value a year in Orange County, or roughly $2,320 on a $400,000 home.
What is the median home price in French Lick?
The median sale price was $205,861 in the three months ending August 31, 2026, about $150 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