Is Griffin, IN 47616 a buyer’s or seller’s market?
Griffin 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.
The Griffin housing market right now
In the three months ending August 31, 2026, 0% of homes in Griffin, IN 47616 sold above their list price and the typical home went under contract in 0 days. With only 1 sale, these figures can swing a lot from month to month.
Within Gibson County, homes here sell faster, and 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 47616
Nearby markets
Cynthiana 47612 $115 /sq ftFort Branch 47648 $168 /sq ftFrancisco 47649Seller’s market $129 /sq ftHaubstadt 47639Seller’s market $186 /sq ft Browse all markets →Where Griffin is
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Questions about Griffin real estate
How fast do homes sell in Griffin?
The typical home went under contract in 0 days in the latest three months.
Do homes in Griffin sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Griffin?
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 Griffin?
The median sale price was $210,909 in the three months ending August 31, 2026, about $117 per square foot.
Local agents
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More tools for 47616
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology