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Is Cynthiana, IN 47612 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cynthiana 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 list0%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$115▲ +19.4% vs. last year

The Cynthiana housing market right now

In the three months ending August 31, 2026, 0% of homes in Cynthiana, IN 47612 sold above their list price and the typical home went under contract in 77 days. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 23% to $113,901. Overall, Cynthiana is about as competitive as it was a year ago.

Within Gibson County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Patoka 47666 (100% sold over asking) and Fort Branch 47648 (70% sold over asking) are even more competitive.

Run the numbers for 47612

Prefilled for 47612Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47612Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Fort Branch 47648 $168 /sq ftFrancisco 47649Seller’s market $129 /sq ftGriffin 47616 $117 /sq ftHaubstadt 47639Seller’s market $186 /sq ft Browse all markets →

Where Cynthiana is

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Questions about Cynthiana real estate

How fast do homes sell in Cynthiana?

The typical home went under contract in 77 days in the latest three months.

Do homes in Cynthiana sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Cynthiana?

About 0.72% of a home’s value a year in Gibson County, or roughly $2,880 on a $400,000 home.

What is the median home price in Cynthiana?

The median sale price was $113,901 in the three months ending August 31, 2026, about $115 per square foot.

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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 Gibson County property taxesGibson County loan limitsClosing costs in IndianaHottest 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