Is Hillsdale, IN 47854 a buyer’s or seller’s market?
Hillsdale is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hillsdale housing market right now
In the three months ending August 31, 2026, 0% of homes in Hillsdale, IN 47854 sold above their list price, the typical home went under contract in 0 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (147 days then) and the median sale price fell 78% to $49,978. Overall, Hillsdale is more competitive than a year ago, so tougher for buyers.
Within Vermillion County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Perrysville 47974 (100% sold over asking) and Dana 47847 (50% sold over asking) are even more competitive.
Run the numbers for 47854
Nearby markets
Cayuga 47928Seller’s market $68 /sq ftClinton 47842Seller’s market $109 /sq ftDana 47847Balanced $74 /sq ftNewport 47966 — /sq ft Browse all markets →Where Hillsdale is
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Questions about Hillsdale real estate
Is Hillsdale a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Hillsdale, IN 47854 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 Hillsdale?
The typical home went under contract in 0 days in the latest three months.
Do homes in Hillsdale sell over asking?
0% of homes sold above their original list price.
What are property taxes in Hillsdale?
About 0.69% of a home’s value a year in Vermillion County, or roughly $2,760 on a $400,000 home.
What is the median home price in Hillsdale?
The median sale price was $49,978 in the three months ending August 31, 2026.
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More tools for 47854
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology