Is Tell City, IN 47586 a buyer’s or seller’s market?

The Tell City housing market right now

In the three months ending August 31, 2026, 13% of homes in Tell City, IN 47586 sold above their list price, the typical home went under contract in 35 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (63 days then) and the median sale price held steady to $163,179. Overall, Tell City is less competitive than a year ago, which gives buyers more room.

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

Nearby, buyers who want less competition could look at Leopold 47551 (0% sold over asking) or Derby 47525 (0% sold over asking), while Cannelton 47520 (50% sold over asking) is even more competitive.