Is Farmersburg, IN 47850 a buyer’s or seller’s market?
Farmersburg is a seller’s market. With about 0.7 months of supply and 22% 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 Farmersburg housing market right now
In the three months ending August 31, 2026, 22% of homes in Farmersburg, IN 47850 sold above their list price, the typical home went under contract in 21 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Within Sullivan County, homes here sell faster 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 Merom 47861 (0% sold over asking) or Carlisle 47838 (0% sold over asking), while Hymera 47855 (100% sold over asking) is even more competitive.
Run the numbers for 47850
Nearby markets
Carlisle 47838Seller’s market $108 /sq ftDugger 47848Seller’s market $116 /sq ftFairbanks 47849 — /sq ftHymera 47855Buyer’s market $68 /sq ft Browse all markets →Towns like Farmersburg nearby
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Questions about Farmersburg real estate
Is Farmersburg a buyer’s or seller’s market?
A seller’s market: there were 0.7 months of supply in Farmersburg, IN 47850 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 Farmersburg?
The typical home went under contract in 21 days in the latest three months.
Do homes in Farmersburg sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Farmersburg?
About 0.61% of a home’s value a year in Sullivan County, or roughly $2,440 on a $400,000 home.
What is the median home price in Farmersburg?
The median sale price was $157,932 in the three months ending August 31, 2026, about $83 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