Is Cayuga, IN 47928 a buyer’s or seller’s market?
Cayuga is a seller’s market. With about 2.1 months of supply and 33% 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 Cayuga housing market right now
In the three months ending August 31, 2026, 33% of homes in Cayuga, IN 47928 sold above their list price, the typical home went under contract in 4 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (29 days then) and the median sale price rose 88% to $163,929. Overall, Cayuga is more competitive than a year ago, so tougher for buyers.
Within Vermillion County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Newport 47966 (0% sold over asking) or Hillsdale 47854 (0% sold over asking), while Perrysville 47974 (100% sold over asking) and Dana 47847 (50% sold over asking) are even more competitive.
Run the numbers for 47928
Nearby markets
Clinton 47842Seller’s market $109 /sq ftDana 47847Balanced $74 /sq ftHillsdale 47854Buyer’s market — /sq ftNewport 47966 — /sq ft Browse all markets →Towns like Cayuga nearby
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Questions about Cayuga real estate
Is Cayuga a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Cayuga, IN 47928 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 Cayuga?
The typical home went under contract in 4 days in the latest three months.
Do homes in Cayuga sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Cayuga?
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 Cayuga?
The median sale price was $163,929 in the three months ending August 31, 2026, about $68 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