Is Medaryville, IN 47957 a buyer’s or seller’s market?

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

Medaryville is a seller’s market. With about 1.8 months of supply and 14% 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.

Months of supply1.8Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$125▲ +34.0% vs. last year

The Medaryville housing market right now

In the three months ending August 31, 2026, 14% of homes in Medaryville, IN 47957 sold above their list price, the typical home went under contract in 29 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (9 days then) and the median sale price fell 19% to $128,944. Overall, Medaryville is less competitive than a year ago, which gives buyers more room.

Within Pulaski County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Francesville 47946 (0% sold over asking) or Star City 46985 (0% sold over asking), while Monterey 46960 (40% sold over asking) and Winamac 46996 (35% sold over asking) are even more competitive.

Nearby markets

Francesville 47946Balanced $120 /sq ftMonterey 46960Seller’s market $117 /sq ftOra 46968 — /sq ftStar City 46985Seller’s market $95 /sq ft Browse all markets →

Where Medaryville is

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Questions about Medaryville real estate

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

A seller’s market: there were 1.8 months of supply in Medaryville, IN 47957 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 Medaryville?

The typical home went under contract in 29 days in the latest three months.

Do homes in Medaryville sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Medaryville?

About 0.45% of a home’s value a year in Pulaski County, or roughly $1,800 on a $400,000 home.

What is the median home price in Medaryville?

The median sale price was $128,944 in the three months ending August 31, 2026, about $125 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