Is Crane, IN 47522 a buyer’s or seller’s market?
Crane 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.
The Crane housing market right now
In the three months ending August 31, 2026, 0% of homes in Crane, IN 47522 sold above their list price and the typical home went under contract in 272 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 (50 days then) and the median sale price fell 6% to $159,931. Overall, Crane is less competitive than a year ago, which gives buyers more room.
Run the numbers for 47522
Nearby markets
Loogootee 47553Balanced $170 /sq ftShoals 47581Balanced $111 /sq ft Browse all markets →Where Crane is
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Questions about Crane real estate
How fast do homes sell in Crane?
The typical home went under contract in 272 days in the latest three months.
Do homes in Crane sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Crane?
About 0.54% of a home’s value a year in Martin County, or roughly $2,160 on a $400,000 home.
What is the median home price in Crane?
The median sale price was $159,931 in the three months ending August 31, 2026, about $108 per square foot.
Local agents
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More tools for 47522
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology