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Is Elnora, IN 47529 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Elnora 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.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.3%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$165▲ +18.4% vs. last year

The Elnora housing market right now

In the three months ending August 31, 2026, 0% of homes in Elnora, IN 47529 sold above their list price and the typical home went under contract in 46 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 (3 days then) and the median sale price rose 8% to $204,911. Overall, Elnora is less competitive than a year ago, which gives buyers more room.

Within Daviess County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Plainville 47568 (50% sold over asking) and Washington 47501 (13% sold over asking) are even more competitive.

Run the numbers for 47529

Prefilled for 47529Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47529Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cannelburg 47519Seller’s market $175 /sq ftMontgomery 47558Seller’s market $76 /sq ftOdon 47562Seller’s market $157 /sq ftPlainville 47568Seller’s market $99 /sq ft Browse all markets →

Towns like Elnora nearby

Find towns like Elnora in other states →
Otwell, IN47564 · 28 miles away83% similarpricier homes ($25K more) · newer homes Monroe City, IN47557 · 24 miles away80% similarVery close on income, prices and more Cory, IN47846 · 33 miles away77% similarolder residents · more homeowners Hutsonville, IL62433 · 35 miles away75% similarcheaper homes ($27K less) · 11 min longer commute

Where Elnora is

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Questions about Elnora real estate

How fast do homes sell in Elnora?

The typical home went under contract in 46 days in the latest three months.

Do homes in Elnora sell over asking?

0% 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 Elnora?

About 0.69% of a home’s value a year in Daviess County, or roughly $2,760 on a $400,000 home.

What is the median home price in Elnora?

The median sale price was $204,911 in the three months ending August 31, 2026, about $165 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