Is Leopold, IN 47551 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Leopold is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$174

The Leopold housing market right now

In the three months ending August 31, 2026, 0% of homes in Leopold, IN 47551 sold above their list price, the typical home went under contract in 67 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Within Perry County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Cannelton 47520 (50% sold over asking) and Tell City 47586 (13% sold over asking) are even more competitive.

Nearby markets

Branchville 47514 — /sq ftBristow 47515Seller’s market $24 /sq ftCannelton 47520 $99 /sq ftDerby 47525 $175 /sq ft Browse all markets →

Where Leopold is

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Questions about Leopold real estate

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

A seller’s market: there were 3.2 months of supply in Leopold, IN 47551 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 Leopold?

The typical home went under contract in 67 days in the latest three months.

Do homes in Leopold sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Leopold?

About 0.68% of a home’s value a year in Perry County, or roughly $2,720 on a $400,000 home.

What is the median home price in Leopold?

The median sale price was $298,871 in the three months ending August 31, 2026, about $174 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