Is Sandborn, IN 47578 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Sandborn 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 Sandborn housing market right now

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

About the area

Knox County, IN

Population	566
Median income	$56,641
Average income	$68,988
Median home value	$112,300
Median rent	$683/month
Owner-occupied	91% of homes
Median year built	1974

Natural hazard riskWinter storms (relatively high), earthquakes (moderate), extreme heat (moderate)

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 47578; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 47578

Prefilled for 47578Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47578Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bicknell 47512Balanced $109 /sq ft Bruceville 47516 $69 /sq ft Edwardsport 47528Seller’s market $80 /sq ft Monroe City 47557Seller’s market $126 /sq ft Browse all markets →

Where Sandborn is

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Questions about Sandborn real estate

What are property taxes in Sandborn?

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

Local agents

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More tools for 47578

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 Knox County property taxes Knox 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