Is Vincennes, IN 47591 a buyer’s or seller’s market?

The Vincennes housing market right now

In the three months ending August 31, 2026, 12% of homes in Vincennes, IN 47591 sold above their list price, the typical home went under contract in 31 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. That’s based on 61 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (17 days then) and the median sale price fell 14% to $149,835. Overall, Vincennes is less competitive than a year ago, which gives buyers more room.

Within Knox County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Vincennes ranks #267 of 306 IN ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Monroe City 47557 (0% sold over asking) or Edwardsport 47528 (0% sold over asking), while Bicknell 47512 (25% sold over asking) and Oaktown 47561 (25% sold over asking) are even more competitive.