Is Bicknell, IN 47512 a buyer’s or seller’s market?
Bicknell is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Bicknell housing market right now
In the three months ending August 31, 2026, 25% of homes in Bicknell, IN 47512 sold above their list price, the typical home went under contract in 14 days and there were 5.1 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 20%, homes sold faster (38 days then) and the median sale price rose 19% to $155,933. Overall, Bicknell is more competitive than a year ago, so tougher for buyers.
Within Knox County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Monroe City 47557 (0% sold over asking) or Edwardsport 47528 (0% sold over asking).
Run the numbers for 47512
Nearby markets
Bruceville 47516 $69 /sq ftEdwardsport 47528Seller’s market $80 /sq ftMonroe City 47557Seller’s market $126 /sq ftOaktown 47561Seller’s market $71 /sq ft Browse all markets →Towns like Bicknell nearby
Find towns like Bicknell in other states →Where Bicknell is
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Questions about Bicknell real estate
Is Bicknell a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Bicknell, IN 47512 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 Bicknell?
The typical home went under contract in 14 days in the latest three months.
Do homes in Bicknell sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Bicknell?
About 0.68% of a home’s value a year in Knox County, or roughly $2,720 on a $400,000 home.
What is the median home price in Bicknell?
The median sale price was $155,933 in the three months ending August 31, 2026, about $109 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