Is Orleans, IN 47452 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Orleans is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$126▼ −5.8% vs. last year

The Orleans housing market right now

In the three months ending August 31, 2026, 17% of homes in Orleans, IN 47452 sold above their list price, the typical home went under contract in 59 days and there were 4.5 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 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (94 days then) and the median sale price rose 6% to $225,627. Overall, Orleans is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at West Baden Springs 47469 (0% sold over asking) or French Lick 47432 (0% sold over asking).

Nearby markets

French Lick 47432Balanced $150 /sq ftPaoli 47454Buyer’s market $125 /sq ftWest Baden Springs 47469Buyer’s market $88 /sq ft Browse all markets →

Where Orleans is

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Questions about Orleans real estate

Is Orleans a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Orleans, IN 47452 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 Orleans?

The typical home went under contract in 59 days in the latest three months.

Do homes in Orleans sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Orleans?

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 Orleans?

The median sale price was $225,627 in the three months ending August 31, 2026, about $126 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