Is Saint Meinrad, IN 47577 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Saint Meinrad 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 Saint Meinrad housing market right now

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

About the area

Spencer County, IN

Population	1,298
Median income	$52,208
Average income	$73,815
Median home value	$250,800
Median rent	$623/month
Owner-occupied	70% of homes
Median year built	1963

Natural hazard riskExtreme heat (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 47577; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 47577

Prefilled for 47577Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47577Over-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 Gentryville 47537 — /sq ft Grandview 47615Buyer’s market $299 /sq ft Browse all markets →

Towns like Saint Meinrad nearby

Find towns like Saint Meinrad in other states →

Cannelton, IN47520 · 16 miles away77% similarcheaper homes ($89K less) · larger Oakland City, IN47660 · 32 miles away68% similarcheaper homes ($105K less) · larger Lynnville, IN47619 · 26 miles away67% similarcheaper homes ($90K less) · older residents West Baden Springs, IN47469 · 33 miles away67% similarcheaper homes ($46K less) · older residents

Where Saint Meinrad is

Loading map…

Questions about Saint Meinrad real estate

What are property taxes in Saint Meinrad?

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

Local agents

See all agents in 47577 →

No sponsored agents in 47577 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 47577

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

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="47577"><a href="https://offerbacked.com/market/47577">Saint Meinrad, IN 47577 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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