Is Gentryville, IN 47537 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Gentryville 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Gentryville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Spencer County, IN

Population	702
Median income	$49,128
Average income	$70,144
Median home value	$221,200
Median rent	$717/month
Owner-occupied	68% of homes
Median year built	1988

Natural hazard riskEarthquakes (relatively high), tornadoes (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 47537; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 47537

Prefilled for 47537Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47537Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chrisney 47611Seller’s market $125 /sq ft Evanston 47531 — /sq ft Grandview 47615Buyer’s market $299 /sq ft Lamar 47550Seller’s market $112 /sq ft Browse all markets →

Where Gentryville is

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Questions about Gentryville real estate

What are property taxes in Gentryville?

About 0.62% of a home’s value a year in Spencer County, or roughly $2,480 on a $400,000 home.

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More tools for 47537

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Spencer County property taxes Spencer County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology