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Is Wadesville, IN 47638 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wadesville is a seller’s market. With about 1.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$145▼ −8.8% vs. last year

The Wadesville housing market right now

In the three months ending August 31, 2026, 0% of homes in Wadesville, IN 47638 sold above their list price, the typical home went under contract in 5 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 20%, homes sold faster (33 days then) and the median sale price fell 40% to $229,901. Overall, Wadesville is less competitive than a year ago, which gives buyers more room.

Nearby, New Harmony 47631 (67% sold over asking) and Mount Vernon 47620 (37% sold over asking) are even more competitive.

Run the numbers for 47638

Prefilled for 47638Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47638Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Mount Vernon 47620Seller’s market $128 /sq ftNew Harmony 47631Balanced $191 /sq ftPoseyville 47633Seller’s market $143 /sq ft Browse all markets →

Towns like Wadesville nearby

Find towns like Wadesville in other states →
Haubstadt, IN47639 · 12 miles away92% similar5 min shorter commute Boonville, IN47601 · 27 miles away75% similarcheaper homes ($88K less) · larger Owensville, IN47665 · 13 miles away74% similarlower income ($25K less) · cheaper homes ($82K less) Chandler, IN47610 · 21 miles away72% similarcheaper homes ($118K less) · larger

Where Wadesville is

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Questions about Wadesville real estate

Is Wadesville a buyer’s or seller’s market?

A seller’s market: there were 1.8 months of supply in Wadesville, IN 47638 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wadesville?

The typical home went under contract in 5 days in the latest three months.

Do homes in Wadesville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.

What are property taxes in Wadesville?

About 0.62% of a home’s value a year in Posey County, or roughly $2,480 on a $400,000 home.

What is the median home price in Wadesville?

The median sale price was $229,901 in the three months ending August 31, 2026, about $145 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology