Is Brazil, IN 47834 a buyer’s or seller’s market?
Brazil is a seller’s market. With about 1.7 months of supply and 15% 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.
More competitive than 50% of U.S. ZIP codes, and #171 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Brazil housing market right now
In the three months ending August 31, 2026, 15% of homes in Brazil, IN 47834 sold above their list price, the typical home went under contract in 22 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 63 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold faster (34 days then) and the median sale price rose 3% to $220,904. Overall, Brazil is more competitive than a year ago, so tougher for buyers.
Within Clay County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Brazil ranks #171 of 306 IN ZIP codes with enough sales (score 49 out of 100).
Nearby, buyers who want less competition could look at Knightsville 47857 (0% sold over asking) or Clay City 47841 (0% sold over asking), while Lewis 47858 (50% sold over asking) is even more competitive.
Run the numbers for 47834
Nearby markets
Bowling Green 47833Seller’s market $172 /sq ftCenterpoint 47840Buyer’s market $151 /sq ftClay City 47841Seller’s market $135 /sq ftCory 47846 — /sq ft Browse all markets →Towns like Brazil nearby
Find towns like Brazil in other states →Where Brazil is
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Questions about Brazil real estate
Is Brazil a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Brazil, IN 47834 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 Brazil?
The typical home went under contract in 22 days in the latest three months.
Do homes in Brazil sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Brazil?
About 0.41% of a home’s value a year in Clay County, or roughly $1,640 on a $400,000 home.
What is the median home price in Brazil?
The median sale price was $220,904 in the three months ending August 31, 2026, about $130 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