Is Elberfeld, IN 47613 a buyer’s or seller’s market?

The Elberfeld housing market right now

In the three months ending August 31, 2026, 25% of homes in Elberfeld, IN 47613 sold above their list price, the typical home went under contract in 34 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 40%, homes sold more slowly (25 days then) and the median sale price fell 41% to $212,408. Overall, Elberfeld is less competitive than a year ago, which gives buyers more room.

Within Warrick County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.

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) is even more competitive.