Is Boonville, IN 47601 a buyer’s or seller’s market?

The Boonville housing market right now

In the three months ending August 31, 2026, 16% of homes in Boonville, IN 47601 sold above their list price, the typical home went under contract in 17 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 51 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (24 days then) and the median sale price rose 12% to $278,380. Overall, Boonville is more competitive than a year ago, so tougher for buyers.

Within Warrick County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Boonville ranks #140 of 306 IN ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Tennyson 47637 (0% sold over asking) or Lynnville 47619 (0% sold over asking), while Chandler 47610 (30% sold over asking) and Elberfeld 47613 (25% sold over asking) are even more competitive.