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Is Dayton, IN 47941 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Dayton is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market2Listing to accepted offer
Median price per sq ft$146▼ −14.9% vs. last year

The Dayton housing market right now

In the three months ending August 31, 2026, 100% of homes in Dayton, IN 47941 sold above their list price, the typical home went under contract in 2 days and there were 16 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 rose from 20%, homes sold faster (82 days then) and the median sale price fell 5% to $299,870. Overall, Dayton is more competitive than a year ago, so tougher for buyers.

Within Tippecanoe County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 89%.

Nearby, buyers who want less competition could look at Westpoint 47992 (0% sold over asking) or Lafayette 47901 (0% sold over asking).

Run the numbers for 47941

Prefilled for 47941Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47941Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Battle Ground 47920Seller’s market $151 /sq ftBuck Creek 47924 — /sq ftClarks Hill 47930 $135 /sq ftLafayette 47901Balanced $144 /sq ft Browse all markets →

Towns like Dayton nearby

Find towns like Dayton in other states →
Rossville, IN46065 · 9 miles away88% similarpricier homes ($41K more) · larger Otterbein, IN47970 · 21 miles away81% similarlarger · 8 min longer commute Clarks Hill, IN47930 · 9 miles away77% similarcheaper homes ($26K less) · 6 min longer commute Reynolds, IN47980 · 27 miles away75% similarolder residents · older homes

Where Dayton is

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Questions about Dayton real estate

Is Dayton a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Dayton, IN 47941 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 Dayton?

The typical home went under contract in 2 days in the latest three months.

Do homes in Dayton sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.

What are property taxes in Dayton?

About 0.62% of a home’s value a year in Tippecanoe County, or roughly $2,480 on a $400,000 home.

What is the median home price in Dayton?

The median sale price was $299,870 in the three months ending August 31, 2026, about $146 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