Is Hillsboro, IN 47949 a buyer’s or seller’s market?
Hillsboro is a seller’s market. With about 1.1 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 Hillsboro housing market right now
In the three months ending August 31, 2026, 33% of homes in Hillsboro, IN 47949 sold above their list price, the typical home went under contract in 5 days and there were 1.1 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 (128 days then) and the median sale price rose 19% to $184,920. Overall, Hillsboro is more competitive than a year ago, so tougher for buyers.
Within Fountain County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Veedersburg 47987 (0% sold over asking) or Newtown 47969 (0% sold over asking).
Run the numbers for 47949
Nearby markets
Attica 47918Balanced $103 /sq ftCovington 47932Seller’s market $134 /sq ftKingman 47952Seller’s market $95 /sq ftNewtown 47969 — /sq ft Browse all markets →Towns like Hillsboro nearby
Find towns like Hillsboro in other states →Where Hillsboro is
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Questions about Hillsboro real estate
Is Hillsboro a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Hillsboro, IN 47949 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 Hillsboro?
The typical home went under contract in 5 days in the latest three months.
Do homes in Hillsboro sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Hillsboro?
About 0.59% of a home’s value a year in Fountain County, or roughly $2,360 on a $400,000 home.
What is the median home price in Hillsboro?
The median sale price was $184,920 in the three months ending August 31, 2026, about $112 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