Is Kingman, IN 47952 a buyer’s or seller’s market?
Kingman is a seller’s market. With about 2.7 months of supply and 17% 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 Kingman housing market right now
In the three months ending August 31, 2026, 17% of homes in Kingman, IN 47952 sold above their list price, the typical home went under contract in 59 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 (130 days then) and the median sale price rose 5% to $212,408. Overall, Kingman is more competitive than a year ago, so tougher for buyers.
Within Fountain County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Veedersburg 47987 (0% sold over asking) or Newtown 47969 (0% sold over asking), while Hillsboro 47949 (33% sold over asking) is even more competitive.
Run the numbers for 47952
Nearby markets
Attica 47918Balanced $103 /sq ftCovington 47932Seller’s market $134 /sq ftHillsboro 47949Seller’s market $112 /sq ftNewtown 47969 — /sq ft Browse all markets →Towns like Kingman nearby
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Questions about Kingman real estate
Is Kingman a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Kingman, IN 47952 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 Kingman?
The typical home went under contract in 59 days in the latest three months.
Do homes in Kingman sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 89.5% of the list price.
What are property taxes in Kingman?
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 Kingman?
The median sale price was $212,408 in the three months ending August 31, 2026, about $95 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