Is Perrysville, IN 47974 a buyer’s or seller’s market?
Perrysville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Perrysville housing market right now
In the three months ending August 31, 2026, 100% of homes in Perrysville, IN 47974 sold above their list price and the typical home went under contract in 11 days. With only 1 sale, these figures can swing a lot from month to month.
Within Vermillion County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Newport 47966 (0% sold over asking) or Hillsdale 47854 (0% sold over asking).
Run the numbers for 47974
Nearby markets
Cayuga 47928Seller’s market $68 /sq ftClinton 47842Seller’s market $109 /sq ftDana 47847Balanced $74 /sq ftHillsdale 47854Buyer’s market — /sq ft Browse all markets →Towns like Perrysville nearby
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Questions about Perrysville real estate
How fast do homes sell in Perrysville?
The typical home went under contract in 11 days in the latest three months.
Do homes in Perrysville 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 Perrysville?
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 Perrysville?
The median sale price was $425,816 in the three months ending August 31, 2026, about $99 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