Is Francisco, IN 47649 a buyer’s or seller’s market?
Francisco is a seller’s market. With about 3.2 months of supply and 50% 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.
The Francisco housing market right now
In the three months ending August 31, 2026, 50% of homes in Francisco, IN 47649 sold above their list price, the typical home went under contract in 231 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 fell from 67%, homes sold more slowly (2 days then) and the median sale price rose 48% to $207,410. Overall, Francisco is less competitive than a year ago, which gives buyers more room.
Within Gibson County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at Griffin 47616 (0% sold over asking) or Cynthiana 47612 (0% sold over asking), while Patoka 47666 (100% sold over asking) and Fort Branch 47648 (70% sold over asking) are even more competitive.
Run the numbers for 47649
Nearby markets
Cynthiana 47612 $115 /sq ftFort Branch 47648 $168 /sq ftGriffin 47616 $117 /sq ftHaubstadt 47639Seller’s market $186 /sq ft Browse all markets →Towns like Francisco nearby
Find towns like Francisco in other states →Where Francisco is
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Questions about Francisco real estate
Is Francisco a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Francisco, IN 47649 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 Francisco?
The typical home went under contract in 231 days in the latest three months.
Do homes in Francisco sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Francisco?
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 Francisco?
The median sale price was $207,410 in the three months ending August 31, 2026, about $129 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